Canada Buys Into Cohere With Up to C$1.6 Billion of Public Money
Ottawa will invest up to C$1.6 billion in Cohere for an equity stake. In return, the Toronto AI firm must stay Canadian, add 1,000 jobs and spend C$1.7 billion on compute by 2030. The post Canada Buys Into Cohere With Up to C$1.6 Billion of Public Money appeared first on DailyAI .
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- 2026-10-30 08:20 · DailyAI
Canada Buys Into Cohere With Up to C$1.6 Billion of Public Money