AI Scaleup has future plans for offices in Montreal and South Korea.
Scaling Artificial Intelligence (AI) in Toronto Approve has officially opened an office in Paris, France, which will become the company's “hub” in Europe, the Middle East and Africa (EMEA).
IN blog postdeveloper of large language models (LLM), said its presence in the EMEA region is growing. He called the region a “key market” for the business and a “cornerstone” of its global strategy.
Cohere plans to double its workforce in Paris over the next year.
Paris is the birthplace of European artificial intelligence champion and competitor Cohere You have the Mistral.. This was stated by French President Emmanuel Macron. sought to create The country's European Artificial Intelligence Center is part of efforts to ensure Europe's digital sovereignty.
News of Cohere's Paris office comes shortly after the company's Toronto closure. US$500 million stimulate its global expansion. In recent months, Cohere has shared plans to open offices in South Korea And Montreal.
Cohere plans to increase its workforce in Paris to 20 people by the end of the month. These will include a pair of new business and public policy executives who will join the company's existing research, engineering, safety and product teams in France.
The company appoints Vice President (Salesforce VP) Government Affairs and Public Policy EMEA Stephanie Fink Piccin as Head of Public Policy EMEA. The company will also hire a vice president for EMEA, which it intends to appoint at the end of September, to oversee growth and partnerships in the region.
This is the latest leadership change at Cohere, which includes a new chief artificial intelligence officer. Joel PinaultHead of Cohere Labs Marzi FadaiFINANCIAL DIRECTOR Francois Chadwickand technical director Phil Blancom. Former technical director Saurabh Baji and the president Marcin is locked in the lounge recently left.
Overall, Cohere plans to double its headcount in Paris over the next year, aiming to take advantage of France's “outstanding talent pool in artificial intelligence.”
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Cohere, founded in 2019 by former Google researchers, creates LLM programs that are used in chatbots and other artificial intelligence applications. The company has raised approximately US$1.5 billion to date and was most recently valued at C$6.8 billion, making it one of Canada's best-funded and most valuable privately held technology companies.
Cohere surpassed $100 million in annual revenue this past May, and the company expects to generate more than $200 million annually by the end of 2025. But the 450-person firm faces stiff competition from larger US LLM makers such as OpenAI and Anthropic, as well as deep-pocketed tech giants such as Google and Meta, which are building their own artificial intelligence models.
Cohere said its French team already plays an important role as the company's technical leader globally, contributing to its multilingual models and flagship AI agent platform. North.
Image provided Unsplash. Photo by the author To Samarzia.
