Cohere, a Canadian AI startup and competitor to Anthropic and OpenAI, projects significant revenue growth, according to sources cited by The Information. The company anticipates exceeding $200 million in annualized revenue by the end of 2025. This marks a substantial increase from the $70 million in annualized revenue reported as of February. This projection suggests strong market traction and investor confidence in Cohere's AI offerings, fueling its competitive stance in the rapidly evolving AI landscape.