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AI Startup Cohere Valued at $6.8 Billion in Latest Fundraising, Hires Meta Exec

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Canadian AI startup Cohere raised $500 million in its latest funding round, pushing its valuation to $6.8 billion as it targets enterprise AI expansion. The round was led by Radical Ventures and Inovia Capital, with participation from AMD Ventures, Nvidia (NVDA.O), PSP Investments, Salesforce Ventures, and other existing investors.

Unlike broad AI models from OpenAI or Meta’s Llama, Cohere focuses on enterprise-specific AI solutions. Co-founder Nick Frosst said the new funding will help the company expand globally, explore different AI modalities—including its recently launched Command Vision model—and continue building secure AI tools for businesses.

Cohere also appointed two senior executives: Joelle Pineau, former VP of AI Research at Meta (META.O), as chief AI officer, and Francois Chadwick, ex-Uber and Shield AI executive, as chief financial officer. Pineau led Meta’s Fundamental AI Research group until May 2025.

Earlier this year, Cohere launched North, a ChatGPT-style tool designed to assist knowledge workers with tasks like document summarization. The company plans to use the funding to develop agentic AI aimed at improving operational efficiency for businesses and government agencies.

The fundraising comes amid a broader surge in AI investment, with private equity firms and Big Tech pouring capital into startups to capture returns from innovative AI technologies.

WhatsApp Accuses Russia of Restricting Secure Communication

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WhatsApp has accused Moscow of attempting to block millions of Russians from accessing secure communication after calls on the messaging app were restricted. The move comes as Russia promotes home-grown social media platforms and seeks tighter control over the country’s internet.

On Wednesday, Russia said it had started limiting some WhatsApp and Telegram calls, alleging that the foreign-owned platforms failed to share information with law enforcement in fraud and terrorism cases. Text messaging and voice notes remain unaffected.

“WhatsApp is private, end-to-end encrypted, and defies government attempts to violate people’s right to secure communication, which is why Russia is trying to block it from over 100 million Russian people,” the company said, pledging to maintain encrypted services in Russia.

The restrictions follow a broader pattern of Russia clashing with foreign tech firms since its February 2022 invasion of Ukraine. Meta’s Facebook and Instagram were blocked, YouTube speeds slowed, and numerous fines were issued to platforms that did not comply with Russian content and data regulations.

In July 2025, WhatsApp had a monthly reach of 97.3 million users in Russia, compared with 90.8 million for Telegram and 17.9 million for VK Messenger, a state-backed app. Russia’s population exceeds 140 million. Reports from online monitoring services and local media indicated connectivity issues in regions like Krasnodar, affecting services such as online maps.

The restrictions coincide with the promotion of a state-controlled messaging app, MAX, which is being integrated with government services. Critics warn that MAX could track user activity. Senior politicians are actively migrating to the app, encouraging followers to join.

“Ultimately, they want to control users and the information they receive,” said Mikhail Klimarev, director of the Internet Protection Society, a Russian digital rights group. He added that MAX may struggle to handle a large influx of users and that social resistance to forced migration is likely.

Human Rights Watch highlighted that Russia has been “meticulously expanding [its] legal and technological tools to carve out Russia’s section of the internet into a tightly controlled and isolated forum.” A new law approved by lawmakers further tightens censorship, penalizing citizens for searching online content deemed “extremist,” including through VPNs used to bypass internet blocks.

Russia Restricts Telegram and WhatsApp Calls Over Alleged Law Breaches

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Russia has begun restricting some voice calls on Telegram and WhatsApp, citing the platforms’ failure to share information with law enforcement in fraud and terrorism cases, the digital development ministry said. The partial blocking affects calls only, with other functions remaining operational. Authorities stated the restrictions would be lifted if the platforms comply with Russian law, including opening local legal entities and cooperating with regulators.

The move reflects Moscow’s push for “digital sovereignty,” including the development of a state-backed messaging app integrated with government services. Telegram said it actively monitors public channels with AI tools to remove malicious content, while Meta and Telegram did not immediately comment. Reporters verified that Telegram calls have been largely non-functional since August 11, and WhatsApp calls experience severe disruptions.

Critics warn that Russia’s new messaging app may track users and encourage migration from foreign platforms, while human rights groups highlight growing censorship and internet control in the country.