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Nvidia and Canadian Government Join Forces on Bet, Cohere Valuation Soars to $20.5 Billion

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  1. 01AICohere deal won’t be last time feds take stake in Canadian tech companies, AI minister saysEvan Solomon says forthcoming $500-million tech fund will consider equity stakes.BetaKit ·
  2. 02AIQuebec’s Coveo buys Silicon Valley startup to help retailers sell to AI agentsCanadian firm says purchase of Anglera will boost its offerings to clients as the platform is ready to go to marketGlobe Tech ·
  3. 03AIFeds to invest up to $1.6 billion in Canadian AI company Cohere in its $7-billion fundraiseFinancial Post ·
  4. 04AIPrairiesCan minister says new regional funding shows Canada’s commitment to AIFeds adding $500 million to support AI adoption programming among small- and medium-sized businesses.BetaKit ·
  5. 05AICanada, Nvidia Back Cohere in Round at Over $20 Billion ValueBloomberg ·
  6. 06AIOttawa to invest up to $1.6-billion in Cohere as AI firm’s valuation soars to $35.7-billionFinancing is the largest ever by a Canadian startup and would make Cohere the country’s most valuable privately held tech companyGlobe Tech ·