#10
Cohere
Cohere is the leading AI company exclusively focused on enterprise deployments — a deliberate choice to avoid the consumer AI race and instead serve the 10,000 companies with over $1B in revenue that need reliable, private, and customizable AI. Its Command R+ model and Embed models are optimized for retrieval-augmented generation (RAG) and multilingual business applications, outperforming GPT-4 on enterprise-specific benchmarks. Cohere raised $500M at a $5.5B valuation in 2024, backed by Oracle, Salesforce, and NVIDIA. Co-founder Aidan Gomez (one of the original co-authors of the 'Attention Is All You Need' Transformer paper) is one of the most cited researchers in AI history.
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