Cohere Reaches $7B Valuation with New Funding, Announces AMD Partnership
Cohere Surges to $7B Valuation with Fresh Funding and AMD Collaboration
Cohere, a leading enterprise AI model company, has announced an additional $100 million fundraising round, pushing its valuation to an impressive $7 billion. This comes just a month after its previous $500 million round in August, reflecting the strong investor interest and momentum in the enterprise AI sector.
Key Highlights from Cohere's Latest Funding Round
- Valuation: Now stands at $7 billion, up from $6.8 billion in August 2025.
- Funding: A new $100 million extension to the already oversubscribed $500 million round.
- Investors: Includes new backers such as Business Development Bank of Canada (BDC) and Nexxus Capital Management, signaling global interest from both North America and Iberia/Latin America.
Strategic Partnership with AMD
While competitors like OpenAI have secured massive investments from Nvidia, Cohere is forging its own path by partnering with AMD. This collaboration enables Cohere’s entire suite of Command-family AI models—including vision, translation, and reasoning—to run on AMD’s Instinct GPUs. AMD, already an investor in Cohere, will also use Cohere’s AI solutions internally, strengthening the relationship between the two tech players.
Importantly, Cohere has clarified that it will continue supporting Nvidia GPUs, ensuring flexibility and broad compatibility for enterprise clients.
Cohere’s Position in the AI Landscape
Founded in 2019 by Aidan Gomez, a co-author of the influential “Transformer” paper that underpins much of modern generative AI, Cohere has always focused on enterprise AI solutions. While it has been overshadowed in the headlines by the meteoric rises of OpenAI and Anthropic—with valuations of $500 billion and $183 billion respectively—Cohere remains a significant player, especially for businesses that prioritize AI sovereignty and data control.
Enterprise Focus and Global Growth
Cohere’s strategy centers on meeting the needs of enterprises that require local control over their AI models and data, rather than relying solely on external or foreign providers. This focus is attracting a diverse set of investors and positions Cohere as a trusted partner for businesses concerned with regulatory and sovereignty issues.
Looking Ahead
With its latest funding and the AMD partnership, Cohere is well-positioned to expand its reach in the enterprise AI market. Its commitment to supporting multiple GPU platforms and its focus on enterprise needs could help it carve out a distinctive place in the rapidly evolving AI landscape.
