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Canada Commits Up to C$1.6 Billion to Cohere Equity Investment

  • Sales & Business
  • Foundation Models
  • Infra & Chips

Canada has committed up to C$1.6 billion for an equity stake in Cohere, placing a major public investment behind a Canadian AI company as Ottawa seeks to expand domestic AI capacity. The investment is planned in stages and is part of a broader financing round announced alongside private investors. The Prime Minister of Canada

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