AI Unicorn Cohere Debuts New Model With Corporate Focus

Artificial intelligence startup Cohere Inc. is releasing a new AI model Thursday that it says performs competitively against rivals like OpenAI on certain “business-critical” tasks at a fraction of the cost — heightening the race among AI companies to win corporate customers.

Cohere says its new model, called Command R+, will be the startup’s most powerful technology yet, following the release of another, smaller but less capable version last month. Cohere is focused on business customers, which can use its AI technology for tasks like data analysis or writing marketing copy.

Unlike many high-profile AI companies, Cohere opted not to build a consumer-facing business. “We do not ...