AI Startup Cohere Opens Second Headquarters in San Francisco

Cohere Inc., an artificial intelligence startup, is setting up a second headquarters in San Francisco, kindling optimism that the fast-growing AI sector will help revive the city’s commercial real estate market.

The Toronto-based startup is leasing new offices in Jackson Square, a neighborhood in downtown San Francisco. The office space can seat about 50 employees and will bring the company closer to the doorstep of its rival OpenAI, which is also headquartered in the city.

Investors are pumping billions of dollars into AI startups amid a frenzy around the technology this year. A number of these startups are ...