Toronto-based artificial intelligence startup Cohere has appointed Joelle Pineau, a Canadian AI scientist and former Meta executive, as head of its AI strategy. Pineau, a Professor at McGill University, previously spent nearly eight years at Meta overseeing its FAIR lab and contributing to the early development of the company’s open Llama models…
Databricks has signed a term sheet for its Series K funding round, which is expected to close soon at a valuation topping $100 billion. The investment, backed by existing shareholders, will provide capital for the company’s next phase of growth. Databricks said the funds will support several priorities, including expanding its Agent Bricks platform, advancing Lakebase—a new operational database built on Postgres and optimized for AI agents—and fueling international expansion, acquisitions, and research…
