Cohere vs Magic
Which Foundation Models AI tool is better in 2026?
Cohere
Enterprise AI for language understanding
Magic
Building frontier code models to automate software engineering and research.
Side-by-side
| Cohere | Magic | |
|---|---|---|
| Tagline | Enterprise AI for language understanding | Building frontier code models to automate software engineering and research. |
| Founded | 2019 | — |
| HQ | Toronto, CA | San Francisco, US |
| Employees | 1000-2000 | 11-50 |
| Total funding | $1.8B | Undisclosed |
| Latest round | Series E ext · Sep 2025 | growth |
| Valuation | $7B | — |
| Cheapest paid plan | — | Pricing not disclosed |
| Free plan | ✗ | ✗ |
| Free trial | ✗ | ✗ |
| Top tier price | Enterprise · Contact sales | Pricing not disclosed |
| Pricing summary | 1 published plans | Enterprise · Contact sales |
| Categories |
Capability matrix
Developer-facing capabilities and access signals for Cohere and Magic.
| Capability | Cohere | Magic |
|---|---|---|
| MCP support | ✗ | ✗ |
| Public API | ✓ | ✗ |
| Webhooks | ✗ | ✗ |
| OAuth 2.0 | ✗ | ✗ |
| SDK languages | 4 (Python, TypeScript, Java, Go) | — |
| Free plan | ✗ | ✗ |
| Free trial | ✗ | ✗ |
| Verified | ✓ | ✗ |
| Active deal | ✗ | ✗ |
🟢 Strengths of Cohere
- Has raised more capital ($1.8B vs Undisclosed)
- Newer company (2019)
- Verified profile
🔵 Strengths of Magic
- Higher Neuron score (80 vs 58)
Which should you choose?
Choose Magic if price matters most — it starts at Enterprise · Contact sales, which is friendlier for teams watching burn. Both Foundation Models tools ship core features, so the cost delta often decides it for small teams and solo operators.
Choose Cohere if you want the most established option — it has raised $1.8B, suggesting more runway for enterprise features, support, and long-term roadmap. For mission-critical workflows or larger teams, that stability often outweighs a lower monthly price.
Frequently asked questions
Cohere vs Magic — which is better?
It depends on your priority. Cohere has raised more capital and is the more established option; Magic has broader feature depth. See the side-by-side table above.
Is Cohere cheaper than Magic?
No — Magic's cheapest paid plan is Enterprise · Contact sales, while Cohere's is Freemium.
Do Cohere and Magic offer free plans?
Cohere: Paid only. Magic: Paid only.
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