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Cohere reportedly soars past revenue target, with $240-million USD ARR
BetaKit· 2026-02-13 23:06
Company Overview - Cohere, a Toronto-based AI company founded in 2019 by former Google researchers, specializes in building large-language models (LLMs) for chatbots and AI applications for enterprises and government agencies [3] - The company has raised $600 million USD from investors, including Nvidia, and achieved a valuation of $7 billion USD last year [3] Financial Performance - Cohere reported an annual recurring revenue (ARR) of $240 million USD last year, surpassing its initial target of $200 million USD [1] - The company experienced quarter-over-quarter growth of over 50 percent throughout 2025 and maintained an average gross margin of 70 percent, which expanded by 25 basis points year over year [2] Market Positioning - Cohere differentiates itself from major foundational model players like OpenAI and Anthropic by offering enterprise-only secure AI solutions, including private data hosting [4] - The company has attracted clients in regulated sectors, such as the Royal Bank of Canada and Thales Canada, due to its focus on secure AI applications [4] Strategic Initiatives - Cohere is part of the Trusted Tech Alliance, a group of 15 global tech leaders, including Microsoft and Anthropic, committed to responsible AI development principles [5] - The Canadian government has recognized Cohere as an AI "champion" and has partnered with the company to utilize its AI services [6] Future Outlook - The CEO of Cohere indicated that the company might pursue an initial public offering (IPO) "soon" and aims for profitability by 2029 [7] - The hiring of a new CFO, who previously served as Uber's acting CFO, suggests a strategic move towards preparing for public market entry [7]
Woodward Named to 2026 Forbes Best Companies List
Globenewswire· 2025-11-19 22:41
Core Insights - Woodward, Inc. has been recognized by Forbes as one of America's Best Companies for 2026, ranking among the top 300 U.S. public companies based on a comprehensive assessment across 11 categories and over 60 metrics [1][3] - The evaluation criteria included public trust, employee satisfaction, customer sentiment, workforce stability, financial strength, and cybersecurity [1][3] Company Performance - Woodward's revenues exceeded $3 billion for the first time in fiscal year 2024, indicating significant growth [2] - The company employs more than 10,000 members globally, showcasing its extensive workforce [2] Leadership and Values - Chip Blankenship, Chairman and CEO of Woodward, emphasized the recognition reflects the passion and commitment of team members in delivering shareholder value and fulfilling the company's purpose [2] - Woodward's core values include Integrity, Respectful and Accountable, and Humble and Driven, which are demonstrated by its members in serving Aerospace and Industrial customers [2] Evaluation Process - Forbes evaluated over 2,000 U.S.-based companies from various industries before selecting the top companies, ensuring an independent research process [3] - Woodward did not pay a fee for the evaluation, although it purchased rights to use the name and logo [3]
Mark Zuckerberg Drops To Sixth-Richest After Meta Stock Slides
Forbes· 2025-11-06 17:05
Core Insights - Meta's shares declined by 2.3% to approximately $620.75, contributing to a total drop of about 17.5% over the past week, following a significant one-day decline of over 11% after the third-quarter earnings report [1][4] - Mark Zuckerberg's net worth decreased by $4.6 billion (2.1%) due to the drop in Meta's stock price, affecting his ranking among the world's wealthiest individuals [2][4] Revenue Projections and Scams - Internal documents indicated that Meta projected 10% of its overall revenue, estimated at $16 billion, would come from advertisements for scams and banned goods [3] - Meta's spokesperson stated that the documents presented a selective view and that the internal estimates were lower, including many legitimate ads [3] - The company is reportedly under investigation by the Securities and Exchange Commission for running ads related to financial scams [3] Earnings Report and Financial Impact - Meta's third-quarter earnings report showed earnings per share of $1.05, which was 84% below economists' projections, attributed to a one-time tax charge of $15.9 billion [4] - Without the tax charge, earnings per share would have been $7.25, and the company raised its capital expenditure guidance to between $70 billion and $72 billion [4]
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Forbes· 2025-10-28 17:30
.@SteveForbesCEO praises the Thatcheresque inclinations of Japan's new prime minister, Sanae Takaichi, which could help her nation dig out of its economic rut—but he warns that she is still pursuing the same plans as before, which could ensure an economic crisis. #WhatsAhead https://t.co/OJw4JiwEMN ...
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Forbes· 2025-10-22 17:00
.@SteveForbesCEO warns that President Trump appears to be pushing a settlement with Russia that would jeopardize Ukraine's viability, and would jeopardize the free world—and urges the administration to change course and protect Ukraine's sovereignty. #WhatsAhead https://t.co/1cG7MazP3K ...
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Forbes· 2025-10-22 13:00
.@SteveForbesCEO warns that President Trump appears to be pushing a settlement with Russia that would jeopardize Ukraine's viability, and would jeopardize the free world—and urges the administration to change course and protect Ukraine's sovereignty. #WhatsAhead https://t.co/aaHAawkY7L ...
X @Forbes
Forbes· 2025-10-22 01:00
.@SteveForbesCEO warns that President Trump appears to be pushing a settlement with Russia that would jeopardize Ukraine's viability, and would jeopardize the free world—and urges the administration to change course and protect Ukraine's sovereignty. #WhatsAhead https://t.co/dN2XwqeApl ...
X @Cointelegraph
Cointelegraph· 2025-10-12 19:00
🇺🇸 NEW: Forbes declares Trump one of the largest $BTC holders in America with over $870M in Bitcoin exposure. https://t.co/sqvThbtQCj ...
Datadog Reaches 1,000 Integrations as Customers Continue to Observe Mission-Critical Data and Processes on Its Unified Platform
Newsfile· 2025-10-06 13:00
Core Insights - Datadog has achieved a significant milestone by reaching 1,000 integrations on its unified platform, highlighting its leadership in observability and support for AI, cloud, security, and emerging technologies [1][2]. Integration Ecosystem - The milestone of 1,000 integrations reflects Datadog's commitment to supporting customers throughout their cloud journeys and showcases the diversity of the technology ecosystem [2]. - In the past year, Datadog has introduced numerous new integrations, particularly in AI infrastructure and tooling, including monitoring for NVIDIA GPUs and partnerships with large language model providers like OpenAI and Anthropic [2][3]. - These integrations enable customers to monitor, secure, and optimize their AI workloads with the same visibility as their existing technology stack [2]. Customer Benefits - Datadog's extensive integrations provide end-to-end visibility for customers as they adopt new platforms, ensuring reliable and secure digital experiences [3]. - Technology partners contribute to the integration ecosystem, allowing Datadog customers to monitor both new and existing technologies from a single platform [3][4]. - Partnerships with major cloud providers, such as Google Cloud, enhance the observability capabilities for customers as they expand into AI and other areas [4]. Company Overview - Datadog is a comprehensive observability and security platform for cloud applications, integrating various monitoring and management capabilities to provide real-time insights across the technology stack [5][6]. - The platform is utilized by organizations of all sizes across diverse industries to facilitate digital transformation, cloud migration, and improve collaboration among teams [6].