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Cohere

October 29, 2026

Cohere Raises Up to $5 Billion at Over US$20 Billion Valuation with Nvidia and Canadian Government Backing

Canadian AI startup Cohere has completed the first close of a financing round that could total up to $5 billion, valuing the company at more than US$20 billion. The round includes strategic investments from Nvidia and the Canadian government, marking what would be the largest…