Canada, Nvidia Back Cohere in Round at Over $20 Billion Value
Cohere Inc., an artificial intelligence model maker, is in the process of raising a large funding round at a $20.5 billion valuation, roughly tripling its value from a year ago.
Sources
On Bluesky
Boosted from @Techmeme@techhub.social: Canada-based Cohere completes the first close of a round that it expects to total up to $5B, with Canada agreeing to invest up to $1.14B, at a $20.5B valuation (Bloomberg) www.bloomberg.com/news/articles/2026-10… www.… techhub.social/@Techmeme/11752507123381…
Brandon (@serrebi.bsky.social) Oct 29, 2026Canada-based Cohere completes the first close of a round that it expects to total up to $5B, with Canada agreeing to invest up to $1.14B, at a $20.5B valuation (Bloomberg) Main Link | Techmeme Permalink
Techmeme (@techmeme.com) Oct 29, 2026