AI startup Cohere has been valued at $5.5 billion following a new funding round. As Bloomberg News reported Monday (July 22), this $500 million round brings Cohere’s total funding to $970 million. According to the report, Canada-based Cohere is the rare artificial intelligence (AI) startup creating massive large language...
Amazon Web Services (AWS) has reportedly extended its free credits program to cover artificial intelligence (AI) models from other companies. The program now offers startups credits to cover the cost of using models from Anthropic, Meta, Mistral AI and Cohere, Howard Wright, vice president and global head of startups at AWS, told...
This week in artificial intelligence news, the White House unveiled regulations to promote safe and ethical AI use by the government. Meanwhile, Amazon teamed up with Dashbot to ease chatbot creation for businesses, and OpenAI’s ChatGPT success sparked a race to craft cutting-edge language models....
OpenAI’s remarkable success with ChatGPT has sent shockwaves through the tech world, sparking a fierce race to build the next generation of large language models (LLMs). Rivals are multiplying, aiming to challenge OpenAI’s early dominance. Securing a lead in the artificial intelligence (AI) race could allow a...
July 22, 2024
AI startup Cohere has been valued at $5.5 billion following a new funding round. As Bloomberg News reported Monday (July 22), this $500 million round brings Cohere’s total funding to $970 million. According to the report, Canada-based Cohere is the rare artificial intelligence (AI) startup creating massive large language models from scratch, partly because the technology is extremely expensive […]
April 02, 2024
Amazon Web Services (AWS) has reportedly extended its free credits program to cover artificial intelligence (AI) models from other companies. The program now offers startups credits to cover the cost of...
December 11, 2023
Nvidia, the world’s most valuable chipmaker, has solidified its position as a prominent investor in artificial intelligence (AI) startups this year. The company has participated in 35 deals in 2023,...
November 22, 2023
In a letter addressed to his staff, Aidan Gomez, the CEO of artificial intelligence (AI) startup Cohere, expressed his criticism of the effective altruism movement. Gomez argued against what he perceived as...
