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Cohere Acquires Ottogrid to Boost AI Market Research

  • AI startup Cohere acquires Ottogrid, integrating its market research automation tools into Cohere's platform.
  • Ottogrid to sunset its product, providing a transition period for existing customers.
  • Cohere is focusing on private AI deployments for sectors like healthcare and finance, despite recent revenue challenges.
  • Ottogrid, initially launched as Cognosys, raised $2 million in venture capital before its acquisition.
  • Cohere plans to incorporate Ottogrid's capabilities into North, enhancing productivity with AI-powered smart tables.

Source: TechCrunch

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