Canada to Invest Up to $1.6B in Toronto AI Firm Cohere
Canada's government plans to invest up to $1.6 billion in Cohere, a Toronto-based AI company, according to a CBC report. Public money going into one AI firm shows how countries are now backing their own AI companies instead of relying only on American or Chinese tech.
Quick glossaryCohere
- Cohere
- A Toronto-based AI company best known for building large language models that businesses use to write, search and summarise text.
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