AI Startup Cohere Has Doubled Sales So Far This Year, CEO Says

Cohere Inc. Chief Executive Officer Aidan Gomez said the artificial intelligence startup has “more than doubled” its revenue since the start of this year and is approaching profitability, even as it faces heightened competition for business customers from OpenAI and Anthropic.

“We are seeing a total takeoff on the enterprise side of the business,” Gomez told Bloomberg Television in an interview Tuesday. “We are seeing these enterprise deployments hit the hands of every employee in the organization.”