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Feds finalize investment to support Canadian-Born AI leader, Cohere

Summary by Saaz O Awaz - Listen Online

Ottawa – Anita Anand, Minister of Innovation, Science and Industry, announced that the Government of Canada has finalized its investment of up to $240 million in Cohere Inc.’s $725 million project to bring domestic compute capacity to Canada and support the development and scaling of AI capabilities here at home. This federal investment will incentivize new cutting-edge AI compute infrastructure with ...

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Saaz o Awaz - Listen Online

Feds finalize investment to support Canadian-Born AI leader, Cohere

Ottawa – Anita Anand, Minister of Innovation, Science and Industry, announced that the Government of Canada has finalized its investment of up to $240 million in Cohere Inc.’s $725 million project to bring domestic compute capacity to Canada and support the development and scaling of AI capabilities here at home. This federal investment will incentivize new cutting-edge AI compute infrastructure with ...

16 hours ago

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Saaz o Awaz - Listen Online broke the news in 16 hours ago on Tuesday, March 25, 2025.

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