Cohere IPO: Invest in the AI Revolution?

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Wednesdays

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AI investment is about to get a whole lot easier! Cohere, a leading AI company, plans to go public, potentially becoming the first pure-play AI stock. CEO Aidan Gomez revealed the IPO plans, highlighting the current lack of direct AI investment options. Valued at $7 billion, Cohere's move could open doors for everyday investors and trigger a wave of AI IPOs. With headquarters in Toronto and San Francisco, and considering a London listing, this IPO has global implications.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.