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November 14, 2024

Raison Invests $1.2 Million in Cohere

Equivalent to About 595 Million Tenge

Raison Invests $1.2 Million in Cohere

Raison has completed a $1.2 million investment in Cohere, one of the fastest-growing companies in the artificial intelligence sector. The shares were acquired directly from an existing shareholder, allowing Raison to be officially recorded in Cohere’s shareholder registry. Cohere develops large language models (LLMs) tailored for the enterprise sector, delivering solutions that transform how businesses interact with data and technology. Its products are deployed across key industries, including finance, healthcare, and advanced technologies. Among Cohere’s investors are leading global corporations such as NVIDIA, Oracle, and Salesforce Ventures. Positioned as an independent provider of AI solutions for businesses, Cohere plays a critical role in building the infrastructure of the next technological era. This investment reflects Raison’s strategy of providing privileged access to high-quality assets at the forefront of technological transformation and long-term growth. Participating in the company’s capital through a direct transaction reaffirms Raison’s commitment to sourcing exceptional opportunities for investors seeking sustainable capital appreciation.

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