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Cohere Announces Initial Close of Record Series E Targeting CAD $7B

Toronto-based Cohere, a provider of sovereign AI for regulated industries and governments, has announced the initial close of a Series E round targeting up to CAD $7 billion at a CAD $35.7 billion valuation, the largest private financing ever by a Canadian technology company. The companies of Schwa…

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  1. 2026-10-30 11:44 · AI Insider
    Cohere Announces Initial Close of Record Series E Targeting CAD $7B

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  1. Canada to Take Equity Stake in AI Firm Cohere — Wall Street Journal Technology
  2. Canada Buys Into Cohere With Up to C$1.6 Billion of Public Money — DailyAI
  3. Arguably unethical behavior from Cohere — r/LocalLLaMA
  4. Cohere Raises C$7B to Build Sovereign AI Outside US and China — AlphaSignal
  5. The real lesson in Cohere's Alibaba agent scare — The Deep View
  6. Cohere published the raw traces from its Qwen "phone home" investigation — r/huggingface
  7. Has anybody here noticed that the hit piece from Cohere on open models came out the same day that Anthropic filed IPO ? — r/LocalLLaMA
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