Cohere looking to raise another $250m for chatbot development

Inovia Capital and Index Ventures are said to be among the new investors. Series B investor, Tiger Global, is not involved in the new round.

“A switch has flicked this year. We’re in the midst of a total transformation in every product or company on earth,” says Cohere CEO Aidan Gomez (pictured), ““we won’t offer a consumer offering, we won’t compete with ChatGPT in that sense. They are very focused on consumer deployment and we’re much more focused on the enterprise.”

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