News Summary

Toronto-based AI startup Cohere is set to expand its presence in the Asia Pacific region by opening a new office in Seoul, South Korea. This move is part of Cohere’s strategy to enhance its multilingual AI product offerings for global companies and governments. The startup has partnered with LG CNS to develop a diplomatic security data platform for South Korea’s Ministry of Foreign Affairs. Cohere’s expansion includes appointing Andrew Chang as the VP of Asia Pacific and opening eligibility for its research grant program to South Korean researchers. The startup, known for providing AI tools to enterprise clients like RBC, Fujitsu, and Dell, recently secured a $500-million USD Series D round at a $5.5-billion valuation.