Nvidia-Backed AI Startup Cohere To Open Asia Hub In South Korea
The post Nvidia-Backed AI Startup Cohere To Open Asia Hub In South Korea appeared on BitcoinEthereumNews.com.
Seoul, South Korea’s capital. ED JONES/AFP via Getty Images AI startup Cohere, last valued at $5.5 billion, announced Tuesday plans to open an office in the South Korean capital of Seoul this year to serve as an Asia-Pacific hub. Cohere appointed Andrew Chang as vice president of Asia Pacific to lead the efforts in Seoul and oversee the company’s regional expansion. Chang was formerly the area vice president and Korea country manager at Nasdaq-listed Confluent, a data infrastructure software maker whose investors include Benchmark and Sequoia Capital. He previously worked at Google, Microsoft, IBM, Samsung SDS and Oracle. “We’re focused on building a strong local team, supporting forward-thinking customers, and partnering with the government to deliver secure AI solutions that drive meaningful impact across the public and private sectors to fuel economic productivity,” Aidan Gomez, cofounder and CEO of Cohere, said in a statement. The startup is headquartered in Toronto and San Francisco, and also has offices in New York and London. Cohere has raised $970 million so far from the likes of Nvidia, AMD, Oracle, Salesforce, Cisco, early CoreWeave backer Magnetar Capital, South Korea’s Mirae Asset and Japanese tech giant Fujitsu. Cohere’s last venture funding round was a $500 million Series D in July 2024. Founded in 2019 by Gomez, Nick Frosst and Ivan Zhang, Cohere was one of the earliest venture-backed developers of AI models. Gomez is one of the authors of the seminal 2017 research paper “Attention Is All You Need” that led to recent advances in generative AI technology. Cohere cofounders, from left: Ivan Zhang, Aidan Gomez and Nick Frosst. Courtesy of Cohere (Forbes is part of a group of publishers that has sued Cohere for allegedly scraping copyrighted works from the internet and using them to train its suite of large language models. Cohere has…
Filed under: News - @ July 15, 2025 12:25 am