According to the news provided by The Wall Street Journal, Google is ready to invest in a young company that offers interesting developments in the field of artificial intelligence. This once again reveals how much competition there is among the giants in the industry.Founded in 2019, Cohere creates software for processing human speech. We are talking about a platform that businesses can use to create artificial intelligence applications. Especially for chatbots that need to understand human speech and text.
There were collaborations with Google
The company announced a multi-year partnership with Google last November. The tech giant’s cloud division would provide Cohere with the computing power it needed to train its software models. New data shows that Google may invest as much as $200 million in Cohere.
According to sources from The Wall Street Journal, Cohere is also in ongoing discussions with graphics card and chip maker Nvidia about a possible strategic investment. Neither Google, nor Nvidia nor Cohere have commented on the matter.
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