AI Unicorn Cohere Debuts New Business-Friendly Model [BNN Bloomberg (Canada)]
Accenture plc Class A Ordinary Shares (Ireland) (ACN)
Last accenture plc class a ordinary shares (ireland) earnings: 3/19 06:44 am
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Source: BNN Bloomberg
like OpenAI on certain “business-critical” tasks at a fraction of the cost — heightening the race among AI companies to win corporate customers. Cohere says its new model, called Command R+, will be the startup's most powerful technology yet, following the release of another, smaller but less capable version last month. Cohere is focused on business customers, which can use its AI technology for tasks like data analysis or writing marketing copy. Unlike many high-profile AI companies, Cohere opted not to build a consumer-facing business. “We do not have a cash-burning consumer chatbot; never have and never will,” said Chief Operating Officer Martin Kon. “Our lane is focusing on enterprise, and helping get our models into production at a massive scale. And this model is a huge step forward in terms of capabilities as well as distribution.” Cohere said its new technology makes advancements in a process called retrieval-augmented generation. The technique improves the accuracy of a
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ACN
Earnings
- 3/21/24 - Beat
ACN
Sec Filings
- 4/26/24 - Form 4
- 4/25/24 - Form 144
- 4/24/24 - Form 13F-HR
- ACN's page on the SEC website