Cohere Hits $240M Revenue Ahead of Potential IPO
Canadian AI startup Cohere reported $240 million in annual recurring revenue for 2025, exceeding targets and setting the stage for a potential IPO in 2026.
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Canadian AI startup Cohere reported $240 million in annual recurring revenue for 2025, exceeding targets and setting the stage for a potential IPO in 2026.
Anthropic appointed former Microsoft and GM executive Chris Liddell to its board as it closes a $30 billion funding round valuing the AI startup at $380 billion. The move signals preparation for a potential IPO in 2026.
Ramp’s AI Index shows business AI adoption reached 46.8% in January, with Anthropic surging to 19.5% while OpenAI remains dominant. Most Anthropic users also subscribe to OpenAI, highlighting multi-vendor strategies.
OpenAI introduced Codex Spark, a faster, lightweight coding model using Cerebras chips, marking deeper hardware integration to support low-latency AI development.
Udemy has launched a new integration with OpenAI that embeds its course catalog and learning tools directly into ChatGPT. The move aims to make structured skills development accessible inside conversational AI for hundreds of millions of users.
The Pentagon is pressing leading AI companies to make their tools available on classified military networks, seeking fewer usage restrictions as it expands AI deployment across defense operations.
OpenAI’s VP of product policy, Ryan Beiermeister, was fired following a sex discrimination allegation, after reportedly opposing the planned ChatGPT “adult mode” feature.
SoftBank is set to report gains from its OpenAI investment, but investors are closely watching how the firm will finance ongoing AI commitments amid rising leverage and asset sales.
OpenAI has started testing advertisements in ChatGPT for certain U.S. users, marking a shift in how the company funds free access while emphasizing privacy and answer independence.
AI.com’s Super Bowl advertisement triggered a surge of traffic that temporarily crashed the platform, highlighting both strong consumer interest and the risks of high-profile AI marketing.
Anthropic released Opus 4.6 with new agent team capabilities, while OpenAI quickly followed with a more advanced Codex model, underscoring intensifying competition in AI-powered software development.
Meta launches a standalone Vibes app for AI-generated videos, offering creation, remixing, and sharing tools, with upcoming freemium subscriptions planned.
OpenAI CEO Sam Altman criticized rival Anthropic for its Super Bowl ads mocking ChatGPT, prompting widespread social media ridicule and debate over AI advertising practices.
OpenAI introduced Frontier, a platform enabling enterprises to build, deploy, and manage AI agents across business workflows. The system turns AI into practical coworkers that learn, act, and improve over time.
ElevenLabs CEO Mati Staniszewski says voice is emerging as the primary way people will interact with AI, as models combine speech with reasoning and agentic capabilities.