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