SAP ↔ Cohere
Underlined names link to vendor commitments.
SAP Sapphire Ventures invests in Cohere as a strategic Series C participant
SAP Sapphire Ventures participated in Cohere's Series C funding round and announced a strategic partnership embedding Cohere's generative AI models into SAP business application surfaces (analytics, sustainability, business technology platform). The arrangement is an early example of an enterprise-application vendor taking equity in an independent foundation-model startup as a hedge against single-provider risk, and a template for the SAP-Mistral and SAP-Anthropic arrangements that followed in 2024-2025.
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