Cohere shows all the signs of momentum: they are hiring people, opening offices and still investing in their LLM. I saw in a UK corporate filing that they might open an office in the Middle East. And of course, they raised $500m at a $6.8B valuation. That has got to count for something, even in this very hyper market for all things AI. It has been reported that they are on pace to reach $200m in annual revenue, but the pace of growth has fallen short of its investors' expectations. The federal government however has unconditional love for them.
