Cohere CEO Aidan Gomez believes the Toronto-based artificial intelligence (AI) scaleup could hit the public markets “soon.”

“I think public market investors would be excited to have a pure-play AI investment opportunity, as opposed to investing by proxy through hyperscalers.”

Gomez made the comment while breaking down his company’s place in the AI market with Bloomberg’s Lynn Doan at the Bloomberg Tech conference in London this week. On stage, Gomez told Doan that he believes his company will become profitable before 2029.

“We have a differentiated deployment model, we have very high margins similar to a traditional [software-as-a-service] business, whereas many others in the industry are losing money per customer,” Gomez said. “We feel [we are] in a very good position to build a sustai

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