COHERE INC

13 Aug

AI-Focused VC Radical Ventures Nears $800 Million Fundraise

stp2y0 CommentsRAG modelsartificial intelligence, COHERE INC, COVARIANT INC, GENESIS THERAPEUTICS INC, investing, Li Fei-Fei, startups, Technology, TORONTO-DOMINION BANK, venture capital

Radical Ventures, a Canadian venture capital firm that made early bets on a string of hot artificial intelligence startups, has secured nearly $800 million in commitments for a new fund, according to people familiar with the plans.The firm is currently nearing the close of the new fund, which will boost its assets under management to about $1.8 billion, said the people, who asked not to be identified discussing private information. Source link lol

07 Aug

CIBC Plans Hiring Spree in Artificial Intelligence, Data Jobs

stp2y0 CommentsRAG modelsartificial intelligence, Banking, CAN IMPERIAL BK OF COMMERCE, canada, Christina Kramer, CITIGROUP INC, COHERE INC, industries, jobs, ROYAL BANK OF CANADA, Technology, TORONTO-DOMINION BANK, work-shift

Canadian Imperial Bank of Commerce plans to hire more than 200 employees in data and artificial intelligence over the next year as it expands its use of generative AI.The country’s fifth-largest bank has carried out a number of pilot programs using generative AI and is adding staff in Canada to accelerate those efforts, Christina Kramer, the bank’s head of technology and innovation, said in a statementBloomberg Terminal. Source link lol