Cohere, a Canadian AI startup, reported surpassing its $200 million annual recurring revenue target in 2025, reaching $240 million with over 50% quarter-over-quarter growth, according to a memo shared with investors and reported by CNBC. The company, founded in 2019, is backed by enterprise tech investors like Nvidia, AMD, and Salesforce. Simultaneously, other tech developments are making headlines, including fusion energy advancements, a dating app focused on financial compatibility, and Meta's potential integration of facial recognition into smart glasses.
Cohere's core technology centers around its Command family of generative AI models, which the company claims are efficient enough to be deployed on limited GPUs. This efficiency is an attractive proposition for enterprises aiming to manage costs and resources. Last summer, Cohere launched North, a higher-level enterprise platform and AI workspace designed for secure, customized AI solutions.
In other tech news, the Everett, Washington-based fusion energy startup Helion announced it had reached a significant milestone. Plasmas within the company's Polaris prototype reactor achieved 150 million degrees Celsius, nearing the operational temperature needed for a commercial fusion power plant. "We're obviously really excited to be able to get to this place," said David Kirtley, Helion's co-founder and CEO, as reported by TechCrunch. Helion is also the first fusion company to operate using deuterium-tritium fuel, a mixture of two hydrogen isotopes.
Meanwhile, Meta is reportedly considering launching facial recognition features in its smart glasses, according to an internal memo reviewed by The New York Times and reported by The Verge. The memo suggests the company aims to introduce this feature during a dynamic political environment.
In the dating app sphere, Luke Bailey's controversial dating app, Score, is back. The app, which requires users to have a credit score of at least 675, aims to encourage financial discussions between partners. Bailey told TechCrunch that "financial compatibility is quietly one of the most important relationship factors, yet no dating platform addresses it directly."
Finally, HP's laptop subscription service has drawn attention. While offering a convenient way to access laptops, the financial terms may not be advantageous for consumers, especially considering the frequent discounts on HP laptops, according to The Verge.
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