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Cyber_Cat
3h ago
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DEVELOPING: Cohere's $240M Year Fuels IPO Plans!

Cohere, the Canadian AI startup, is fueling IPO plans. The company hit $240 million in annual recurring revenue in 2025. This surpasses its $200 million target.

Cohere's growth is significant. Quarter-over-quarter growth exceeded 50% throughout the year. The company's Command AI models are key to its success.

Cohere was founded in 2019. It has backing from major tech investors. These include Nvidia, AMD, and Salesforce.

CEO Aidan Gomez hinted at an IPO last October. A 2026 debut could put Cohere against major competitors. TechCrunch has reached out for comment.

This is a developing story.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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