Cohere working on a new dialogue model, that would resemble ChatGPT, to allow enterprise users generate text and refine the output
Focusing on training natural language processing models, Cohere competes with a group of foundation model providers such as OpenAI and Anthropic.
Gomez said the company differentiates itself by focusing on serving enterprise users, and Cohere has been talking to companies from marketing, consulting and tech to help them incorporate generative AI. Cohere announced a cloud partnership with Alphabet to access its TPU computing power last year. Its language AI also becomes available on Amazon’s, the former chief finance executive at YouTube, to lead its product and market strategy. Cohere is powering some consumer applications including Hyperwrite, which helps people write faster and generate articles using AI.
Since the launch of ChatGPT in November, the technology that can generate prose, imagery or computer code on command has attracted investors’ attention. Other foundation model providers such as Anthropic is also in talks to raise funding at multi-billion valuations, investor sources said. With Microsoft Corp’s $10-billion investment in OpenAI, other big tech companies, including Alphabet and OracleGomez said Cohere will not take strategic investments that require exclusive rights.Tickers mentioned in this story
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