Insights
PAWAO invests into cohere
We are excited to announce our participation in Cohere’s recent $500 million Series D funding round, which values the company at $5.5 billion. This round was led by PSP Investments and included notable investors such as Cisco, AMD, and Fujitsu.
Founded in 2019 by former Google researchers, Cohere specializes in large language models tailored for enterprise applications. Their technology enables businesses to deploy AI solutions for tasks like chatbots, search engines, and content generation.
Cohere’s focus on enterprise AI sets it apart from competitors, offering scalable and efficient models that integrate seamlessly into existing business workflows. Their commitment to data privacy and security aligns with our investment philosophy.
Our investment underscores our confidence in Cohere’s vision and the transformative potential of their AI solutions. We look forward to supporting their growth as they continue to innovate and lead in the enterprise AI sector.
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