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)

by #AI [2.0] May 15, 2025 · Automatic / Editor's Picks [News]

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 …