# Cohere seeks funding at $20.5 billion valuation

_Published Thursday, October 29, 2026 at 2:23 PM EDT · AI, Capital · Latest · Tier 2 — Notable_

Artificial intelligence model maker Cohere is in the process of raising a large funding round at a $20.5 billion valuation, Bloomberg reported. That valuation would roughly triple its value from a year ago; the fundraising is still in progress.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-10-29/canada-nvidia-back-cohere-in-round-at-over-20-billion-value)

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Canonical: https://techandbusiness.org/newswire/yFpGy8u4rpVGStp1qhyUCC
Published: 2026-10-29T18:23:37.257Z
Story chronology: 2026-10-29T15:45:41.000Z
Retrieved: 2026-10-29T20:39:50.416Z
Publisher: Tech & Business (techandbusiness.org)