
🚨 @HIVEDigitalTech Signs $220M AI Cloud Deal with Cohere Cc: $SPCX $NBIS $CRWV $IREN $CIFR $KEEL $SLNH Cohere is a leading enterprise-focused AI platform valued at approximately $20 billion. Cohere builds custom, secure, and private Large Language Models tailored specifically for enterprises, businesses and governments. 🏆 Financial & Strategic Backers Cohere has raised roughly $1.5 billion, with major backing from major tech giants and venture firms: •Strategic Backers: Nvidia, Salesforce Ventures, and Oracle. •Venture Capital: Backed by firms including Inovia Capital and Radical Ventures. •Leadership: Founded by former Google researchers, notably Aidan Gomez, a co-author of the seminal 2017 research paper that created the foundational AI transformer architecture. ✅ Major Customers & Partners Cohere's AI serves large enterprises and highly regulated industries where privacy is paramount. Some of their largest and most prominent users include: •Technology & Cloud: Salesforce, Dell Technologies, and Oracle, which uses Cohere to power over 100 generative AI features. •Enterprise & Finance: SAP, Royal Bank of Canada, and Fujitsu. •Defense & Aerospace: Saab, Hanwha Ocean, and Aston Martin F1 rely on Cohere for advanced, highly secure deployments.