Cohere hits a $6.8B valuation as investors AMD, Nvidia, and Salesforce double down
1. Cohere raises $500 million, valuation reaches $6.8 billion. 2. Partnerships with major tech companies enhance its enterprise AI offerings. 3. AMD Ventures among existing investors participating in the funding round. 4. Oracle’s recent focus on OpenAI may affect its alliance with Cohere. 5. Cohere's focus on secure LLMs addresses unmet enterprise AI needs.