The CEO of OpenAI rival Cohere shakes off the haters: ‘We're still sort of the underdog' [Yahoo! Finance]
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Source: Yahoo! Finance
language models (LLMs). Cohere, along with Big Tech behemoths like Google and Meta, as well as other startups like Anthropic and Mistral, are all chasing OpenAI in the frenzied competition for AI dominance that began with the release of ChatGPT in November 2022. It's a pursuit that requires deep pockets: The cost of training large LLMs is staggering and requires a constant stream of new funding. But in many ways, Cohere is running its own race. For one thing, it is targeting big business customers and has not developed a consumer chatbot. Cohere's rivals are either Big Tech companies with their own cloud computing arms; startups closely partnered with them; or those giving open source models away for others to build on. Cohere, meanwhile, has sought to maintain its financial independence from any single cloud ecosystem (though it does have a partnership with Oracle , the 4th largest cloud provider). However, Cohere, which was founded in 2019 by three alumni of Google Brain, is now
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