PublishedJune 4 2025Jump to comments sectionUnlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Artificial intelligence start-up Cohere is seeking to raise more than $500mn in new funding, aiming to catch up in the hugely expensive race to build cutting-edge AI models alongside rivals such as OpenAI, Google and Anthropic. The Canadian start-up is targeting a valuation of above $5.5bn, according to two people with knowledge of...