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Canada Pledges Up to $1.6B for Toronto-Based AI Firm Cohere

Canada Pledges Up to $1.6B for Toronto-Based AI Firm Cohere

Prime Minister Mark Carney announced up to $1.6 billion in federal investment for Canadian AI company Cohere, according to CBC. The move aims to strengthen domestic AI capabilities and bolster Canada’s global competitiveness in the sector.

Original headline

Canada to invest up to $1.6B in Toronto-based AI company Cohere