According to CoinMeta, Cohere is a Canadian AI startup that is currently in the process of financing, with a valuation of $20.5 billion. The first round of funding has already been completed, and the total financing is expected to reach up to $5 billion. Investors include the Canadian government, NVIDIA, and the Schwartz Group, among which the Canadian government has committed to investing up to $1.14 billion. Cohere plans to build new computing infrastructure in Canada, with an investment of about $1.2 billion.