Hard Fork AI Cohere at $7B: Funding and AMD Deal Explained
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Sep 27, 2025 Cohere has reached a remarkable $7B valuation after raising $600M and partnering with AMD. The podcast dives into what this funding means for the competitive AI landscape. Insights into Cohere's strategic choices highlight a different approach compared to NVIDIA, while also tracing its origins and ambitions. The discussion contrasts big players like OpenAI and Anthropic, emphasizing Cohere's unique growth trajectory. Lastly, potential strategies for expanding market reach and targeting specific audiences are explored, underscoring its significant enterprise focus.
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Cohere's Big Enterprise Raise
- Cohere raised an extra $100M on top of an oversubscribed $500M round, valuing it near $7B.
- The company targets enterprise AI and has drawn strong investor demand despite being smaller than top rivals.
AMD Partnership As Strategic Leverage
- Cohere signed a partnership with AMD to run its command-family models on AMD Instinct GPUs.
- That hardware alliance mirrors how NVIDIA invests in startups and helps secure strategic funding and market differentiation.
Founder's Transformers Roots
- Aidan Gomez co-founded Cohere in 2019 and co-authored the Transformers paper "Attention Is All You Need."
- His academic pedigree helped position Cohere early in the model race alongside OpenAI and Anthropic.