Canadian AI Firm Cohere Closes Initial Tranche of Massive Series E Round With NVIDIA, Schwarz Group Support
Cohere, a Canadian sovereign AI provider for regulated sectors, closed the first tranche of a massive Series E round targeting up to CAD $7 billion. The round already includes strategic investors such as NVIDIA, the German retail conglomerate Schwarz Group, and the Canadian government, underscoring the company’s push to dominate AI services for highly regulated markets.
