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

ShaziaLocal News

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 …