US EditionCohere Revenue Reports Paint Mixed Picture of Growth
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Cohere revenue reports paint mixed picture of growth
As one report says Cohere has crossed a key revenue milestone, another suggests that the enterprise-focused artificial intelligence (AI) startup is lagging on its projected revenue growth. Cohere confirmed it has acquired Vancouver-based AI agent startup Cognosys, whose Ottogrid platform will be integrated into Cohere’s workplace platform North. Reuters reported that Cohere reached the coveted $100-million USD mark in annualized revenue this m…
Sources: Cohere, which has raised $1B+, was on pace to generate just $70M in revenue annually as of February 2025, after projecting ~$450M in revenue in 2024
Jon Victor / The Information: Sources: Cohere, which has raised $1B+, was on pace to generate just $70M in revenue annually as of February 2025, after projecting ~$450M in revenue in 2024 — The conversational intelligence boom sparked by OpenAI unleashed a flood of venture capital dollars for the sector …
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