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Friday, 16 May 2025

Sources: Cohere, which has raised $1B+, was on pace to generate just $70M in revenue annually as of February 2025, after projecting ~$450M in revenue in 2024 (Jon Victor/The Information)

Jon Victor / The Information:
Sources: Cohere, which has raised $1B+, was on pace to generate just $70M in revenue annually as of February 2025, after projecting ~$450M in revenue in 2024  —  The conversational intelligence boom sparked by OpenAI unleashed a flood of venture capital dollars for the sector …



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Anthropic's Claude Cowork launch has revived fears about disruption that weighed on SaaS stocks in 2025; Morgan Stanley SaaS index is down 15% so far in 2026 (Ryan Vlastelica/Bloomberg)

Ryan Vlastelica / Bloomberg : Anthropic's Claude Cowork launch has revived fears about disruption that weighed on SaaS stocks in 2025...