Canada-based Cohere completes the first close of a round that it expects to total up to $5B, with Canada agreeing to invest up to $1.14B, at a $20.5B valuation (Bloomberg)

Bloomberg:
Canada-based Cohere completes the first close of a round that it expects to total up to $5B, with Canada agreeing to invest up to $1.14B, at a $20.5B valuation  —  Cohere Inc., an artificial intelligence model maker, is in the process of raising a large funding round at a $20.5 billion valuation …

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