Canada says it will invest up to C$1.6 billion in Cohere, while the AI company plans to put at least C$1.7 billion into computing infrastructure in Canada. The agreement is also meant to keep Cohere Canadian, giving the country a substantia
Canada plans to invest $1.6bn in Toronto-based AI company Cohere, according to a Global News report. The report frames the investment as a move to strengthen Canada’s AI sovereignty. Why it matters That is a substantial public bet on a home
Canada’s federal government plans to invest up to C$1.6 billion in Cohere, BetaKit reports. Prime Minister Mark Carney announced the investment at the Mila research institute, with funding to come on a commercial basis alongside private inv
Cohere has announced the initial close of a Series E funding round targeting up to CAD $7 billion, at a stated valuation of CAD $35.7 billion. The company says the money will support its models, enterprise AI products and long-term computin
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