Artificial IntelligenceSovereign AIDigital InfrastructureGovernment InvestmentPublic-Sector ProcurementCompany
13 days agoCanada Commits Up to C$1.6B to Cohere for Sovereign AI Capacity
Canada announced a staged equity investment of up to C$1.6 billion in Cohere, tied to commitments on Canadian jobs, computing infrastructure, corporate residency, research partnerships, and AI safety. The investment is not a procurement award or a government purchase, but may expand Cohere’s capacity as a potential supplier and signals Canada’s approach to supporting sovereign AI.