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Tiger Global to Sell Stake in AI Startup Cohere

By
Maria Heeter
· · Source: The Information

Tiger Global Management is close to a deal to sell part of its stake in artificial intelligence startup Cohere that values the startup at about $3 billion, The Information reported Tuesday. The deal will value the startup 40% higher than its most recent June financing for a $63 million stake, assuming talks don’t fall apart. Tiger,  which invests in both public and private companies, has...

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