Perplexity AI The AMD Advantage: Cohere’s Strategic $100M Win
16 snips
Sep 27, 2025 Cohere just raised a whopping $100M, boosting its valuation to $7B. The new partnership with AMD promises to revolutionize their AI capabilities. The podcast dives into Cohere's origins and unique technical credibility, comparing it to giants like OpenAI and Anthropic. There's a keen focus on enterprise clients and the importance of data sovereignty for sensitive industries. Discussion also touches on potential consumer expansion and the differing perspectives of steady versus rapid growth. Tune in for a deep dive into the future of AI!
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Enterprise-Focused Fundraise Boost
- Cohere raised $100M on top of an oversubscribed $500M round, valuing it near $7B.
- The company focuses on enterprise AI rather than consumer chat products.
Strategic AMD Partnership
- Cohere partnered with AMD to run models on AMD Instinct GPUs, positioning against NVIDIA-backed rivals.
- This hardware partnership attracted AMD investment and differentiates their deployment options.
Early Credibility, Later Overshadowed
- Cohere was an early front-runner with respected founders tied to the Transformers paper.
- The company got overshadowed by faster-growing players like OpenAI and Anthropic despite strong roots.
