Startups & Venture

Cohere looks to shed its underdog status with a star AI hire, new CFO and $7 billion valuation — chasing ‘ROI over AGI’
The Toronto startup wants to prove it’s more than a national champion. With former Meta AI exec Joelle Pineau on board and a $7 billion valuation, Cohere is betting that the future of AI is enterprise ROI—not sci-fi ‘superintelligence.’