AI Startup Cohere Taps JPMorgan, Goldman Sachs for Next Fundraising Round

Artificial intelligence startup Cohere, backed by investors including Oracle Corp. and Nvidia Corp., is working with banks to raise a fresh round of financing, just a few months after its last one, according to people familiar with the matter.

Toronto-based Cohere is being advised by JPMorgan Chase & Co. and Goldman Sachs Group Inc. on the potential round, the people said, asking not to be identified because the matter is private.