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Cohere, a prominent AI startup rivaling OpenAI, has an annual revenue of $13 million, significantly lower than its $6 billion valuation target. Despite raising $445 million, Cohere faces revenue struggles, reflecting broader challenges in AI startup profitability.
AI startup Cohere seeks $5-billion valuation in latest fundraising, source says https://t.co/UYbM7SGeN9
AI startup Cohere is attempting to raise $500M at a valuation of nearly $5B, according to a report by Reuters
Financial Times @ft: AI startup Cohere seeks $5 billion valuation in latest fundraising - The Economic Times. #AI #ArtificialIntelligence #aistrategy https://t.co/uH4CsB4arq