TD’s Layer 6 and Cohere embark on $25-million AI collaboration

{
  "signal_id": "fb6cf9fb-2c99-c297-64e7-cd5991f27faf",
  "signal_type": "news",
  "signal_subtype": "partners_with",
  "detected_at": "2026-09-22T21:09:19+00:00",
  "company": {
    "name": "Cohere",
    "domain": "cohere.com"
  },
  "data": {
    "url": "https://betakit.com/tds-layer-6-and-cohere-embark-on-25-million-ai-collaboration/",
    "title": "TD’s Layer 6 and Cohere embark on $25-million AI collaboration",
    "author": "Trevor Nichols",
    "excerpt": "Toronto-Dominion Bank ( TD ) announced late Tuesday an initial investment of up to $25 million over three years to support AI development and adoption across its operations. That money will fund a strategic collaboration between TD’s AI research centre, Layer 6, and Toronto-based large language model (LLM) developer Cohere . Canada’s second-largest bank says this partnership will explore how Cohere’s secure enterprise AI models could be applied within TD to improve productivity, decision-making, and client experience, as the two firms work alongside each other at MaRS Discovery District. “Cohere was founded in Canada with a mission to help enterprises and governments adopt AI securely and effectively,” Cohere CFO François Chadwick said in a statement. “We’re excited to collaborate with the bank’s Layer 6 team to explore practical applications of enterprise AI.” This promise follows TD’s $150-billion commitment last week to financing AI and other sectors critical to Canada’s economic future. Developing… Feature image courtesy Cohere. The post TD’s Layer 6 and Cohere embark on $25-million AI collaboration first appeared on BetaKit .",
    "summary": "Large language model developer Cohere has entered into a strategic collaboration with Toronto-Dominion Bank's AI research centre, Layer 6, to explore practical applications of its enterprise AI models within the bank.",
    "location": "Toronto, Ontario, Canada",
    "planning": true,
    "image_url": "https://cdn.betakit.com/wp-content/uploads/2025/05/Cohere-logo1.png",
    "confidence": 0.9,
    "published_at": "2026-09-22T21:09:19Z",
    "location_data": [
      {
        "city": "Toronto",
        "state": "Ontario",
        "region": "Northern America",
        "country": "Canada",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "That money will fund a strategic collaboration between TD’s AI research centre, Layer 6, and Toronto-based large language model (LLM) developer Cohere .",
    "amount_normalized": 25000000,
    "related_company_name": "Toronto-Dominion Bank",
    "related_company_domain": "td.com"
  }
}

curl https://signals.autobound.ai/v1/signals/fb6cf9fb-2c99-c297-64e7-cd5991f27faf \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"cohere.com","limit":20}'