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    ITNewspapersThe Times of India

    Tech layoffs: Nvidia-backed AI startup Cohere fires 5% workforce

    Mathew C S
    By Mathew C SJuly 29, 2024

    Nvidia-backed AI startup Cohere has announced layoffs affecting approximately 5% of its workforce. The job cuts come just a day after the company secured a substantial $500 million in funding, valuing the company at $5.5 billion.

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