Despite the flurry of activity, how useful – and profitable – generative AI will be remains to be seen
, particularly the capacity for language models to make factual errors and simply make things up. . Co-founder and chief executive officer Aidan Gomez is one of several co-authors on a 2017 research paper that outlined a new method for computers to process language, leading to the more sophisticated capabilities we see today. Geoffrey Hinton, a luminary in the AI field, and Toronto-based Radical Ventures are both early investors in Cohere.
that Cohere was in talks to raise hundreds of millions of dollars in a round that could value the company at more than US$6-billion. Mr. Kon declined to comment on the report.
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