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News 2026-09-11 19:03 UTC

AI firm Cohere in talks to raise as much as $3B at $20B valuation

Canadian AI firm Cohere Inc. is in advanced discussions to raise between $2 billion and $3 billion, including financing from the Canadian government.The financing would value the AI company at $20 billion, according to a Globe & Mail report on Friday, which cited people familiar with the matter. Sh…