AI Startup Cohere Targets $20 Billion Valuation in Funding Round

Artificial intelligence startup Cohere is in advanced talks to raise between $2 billion and $3 billion at a valuation of $20 billion, The Globe and Mail reported Friday (Sept. The deal could close as soon as next week, although it has not been finalized, and the terms could change, according to the report. If the deal were to close at the reported figures, it would become the largest on record by a private Canadian startup and would make Cohere one of Canada’s most valuable tech companies,