AI firm Cohere doubles annualized revenue to $100 million on enterprise focus


Cohere logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

NEW YORK (Reuters) -AI startup Cohere has doubled its annualized revenue since the beginning of the year, driven by growing demand for secure, customized AI tools among enterprise clients in regulated sectors, the company told Reuters.

The company has crossed an annualized revenue of $100 million as of May 2025, according to one person familiar with the matter.

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