Cohere
Overview
“The union of research and product will realize a world where technology commands language in a way that's as compelling and coherent as ourselves.”
Cohere is a leading artificial intelligence company specializing in natural language processing (NLP) and machine learning solutions. Founded in 2019 by a team of renowned AI researchers and industry experts, Cohere is headquartered in Toronto, Canada, and has rapidly established itself as a pioneer in transforming how businesses and developers leverage language technology to drive innovation and efficiency.
Business Model
Cohere’s language models facilitate tasks such as text generation, summarization, translation, and sentiment analysis, allowing businesses to automate processes and gain insights from large text datasets. The Cohere Platform provides a user-friendly interface and API for developers to integrate and customize these models without needing extensive AI expertise. Cohere also offers custom solutions, partnering with organizations to develop tailored NLP applications that address specific business challenges. Through these offerings, Cohere enables businesses to leverage the power of AI-driven language technology effectively.
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Targeted Impact
Cohere aims to make AI-driven language processing more accessible and practical across various industries.
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What Comes Next?
Enhance its product offerings, expand its global reach, and deepen its partnerships across various sectors.
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Who Will benefit?
Businesses and Enterprises, Developers and Data Scientists, Startups, E-commerce Platforms, Researchers and Academics, Content Creators.
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Cohere Growth Timeline
Cohere and Competition
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2023 Revenue (in Millions of dollars)
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Cohere operates in a competitive landscape with major players like OpenAI, Google, and Microsoft, all of which offer advanced AI and NLP solutions. Cohere differentiates itself with a focus on scalable, customizable NLP models tailored for enterprise use, alongside a strong commitment to ethical AI development. The industry is driven by increasing demand for AI solutions, rapid advancements in AI research, and the need to navigate ethical and regulatory concerns.
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VC / Strategic Investors
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amd-ventures
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AMD Ventures
Invested at:
Series D
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cisco-investments
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Cisco Investments
Invested at:
Series D
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fujitsu
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Fujitsu
Invested at:
Series D
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index-ventures
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Index Ventures
Invested at:
Series A-5, Series B, Series C
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inovia-capital
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Inovia Capital
Invested at:
Series C
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mirae-asset
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Mirae Asset
Invested at:
Series C
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nvidia
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Nvidia
Invested at:
Series C
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oracle
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Oracle
Invested at:
Series C
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psp-investments
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PSP Investments
Invested at:
Series D
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radical-ventures
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Radical Ventures
Invested at:
Series A-5, Series B
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salesforce-ventures
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Salesforce Ventures
Invested at:
Series C
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schroders-capital
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Schroders Capital
Invested at:
Series C
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section-32
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Section 32
Invested at:
Series A-5, Series B
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sentinelone
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SentinelOne
Invested at:
Series C
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thomvest-ventures
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Thomvest Ventures
Invested at:
Series C
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tiger-global-management
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Tiger Global Management
Invested at:
Series B
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Key Partners
Research
News
Cohere's Analysis
Annual Revenue and Revenue Growth
Funding Round
Return on Investment (ROI)
Bid:Ask Volume Ratio
ApeVue highlights the quarterly bid:ask volume ratio where there were at least three broker contributions within that period.
Activity
Activity refers to broker contributions within the last 90 days.
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