Cohere, a prominent player in the enterprise AI sector, has successfully raised an additional $100 million, elevating its valuation to $7 billion. This funding comes as an extension to a previously announced $500 million round from August, which was oversubscribed. In a strategic move, Cohere has partnered with AMD, enabling its suite of AI models to operate on AMD's Instinct GPUs, a competitor to Nvidia's offerings. Despite this partnership, Cohere will continue to support Nvidia GPUs. The company, co-founded by Aidan Gomez in 2019, is focusing on enterprises that require local control over their data and AI models, a growing concern in the industry. New investors in this funding round include the Business Development Bank of Canada and Nexxus Capital Management.