Canada to invest up to CAD1.6B in Cohere at CAD35B valuation

A sovereign government takes a major stake in a domestic frontier lab.

The Canadian government plans to invest up to CAD1.6 billion (about US$1.14 billion) in Cohere, becoming a major investor in its latest round, which values the AI firm at over CAD35 billion.

Domain

general

Read it at DigiTimes Asia →

Coverage: 3 sources, in order

1. 02 Nov 01:38 DigiTimes Asia Read the article →
2. 02 Nov 01:38 digitimes Read the article →
3. 02 Nov 11:19 Slator Read the article →

← Front page