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Investment of $1.6B CAD in Cohere to create 1,000 jobs in Canada, Evan Solomon says

Investment of $1.6B CAD in Cohere to create 1,000 jobs in Canada, Evan Solomon says
Canada invests $1.6B CAD in Cohere AI

Cohere, a Canadian company focused on secure, sovereign artificial intelligence, will receive up to $1.6 billion CAD in investment and add more than 1,000 high-skilled jobs in Canada. Over $1.7 billion CAD is also being allocated to new compute infrastructure in the country.

Evan Solomon shared the news, emphasizing that Canada is working to build its AI future domestically.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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