News Summary

AI startup Cohere has acquired Ottogrid, a Vancouver-based platform known for developing enterprise tools that automate high-level market research. This acquisition was announced by Sully Omar, co-founder of Ottogrid, on X. Although the terms were not disclosed, it is noted that Ottogrid will sunset its product, providing customers with ample notice and a reasonable transition period. Ottogrid, which launched in 2023 as Cognosys and rebranded in 2024, offers a native table interface with AI-powered document analysis capabilities. This acquisition comes as Cohere shifts its strategic focus towards private AI deployments in sectors like healthcare, government, and finance. The integration into Cohere’s platform aims to enhance research capabilities with smart tables, directly impacting the productivity and workflow automation for enterprises.