Canada to invest up to CAD1.6B in Cohere

A major sovereign investment in a domestic AI champion to reduce reliance on US and China.

The Canadian government plans to invest up to CAD1.6 billion (about US$1.14 billion) in domestic AI startup Cohere, becoming a major investor in its latest funding round as Canada seeks AI independence.

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Read it at DigiTimes Asia →

Coverage: 2 sources, in order

1. 02 Nov 01:38 DigiTimes Asia Read the article →
2. 02 Nov 01:38 digitimes Read the article →

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