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AI startup Cohere acquires Ottogrid, a platform for conducting market research

  • AI startup Cohere has acquired Ottogrid, a Vancouver-based platform for automating high-level market research.
  • Ottogrid will sunset its product, but customers will receive ample notice and a reasonable transition period.
  • Cohere's purchase of Ottogrid comes as Cohere faces corporate turbulence, falling short of revenue projections in 2023.
  • As part of Cohere, Ottogrid will focus on North, a ChatGPT-style application to assist knowledge workers with tasks like summarizing documents.

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