Ottawa to invest up to $1.6-billion in Cohere as AI firm’s valuation soars to $35.7-billion

Financing is the largest ever by a Canadian startup and would make Cohere the country’s most valuable privately held tech company

Read the full story on Globe Tech ↗← All news

Happening in Ottawa

More AI news
  1. 01AICohere Adds Ottawa to Its Cap Tablehttps://www.readthepeak.com/ ·
  2. 02AILockheed Martin taps Contextere to integrate AI platform into RCAF fleetOttawa firm to help defence contractor integrate AI into the Royal Canadian Air Force’s CC-130J Hercules fleet.BetaKit ·
  3. 03AIBig tech’s one-woman scourgeBeeban Kidron is on a mission to save kids from their phones. It’s been four months since the federal government, following similar moves in Australia and the U.K., introduced legislation to make social media services and AI chatbots safer for children.MaRS ·
  4. 04AIMila, federal researchers develop AI tool to better predict wildfire behaviourNew model estimates potential wildfire burn area more quickly than Canada’s existing tools.BetaKit ·
  5. 05AIOttawa’s PlanBase Brings AI to Financial Planning for Canadian AdvisorsFintech.ca | ·
  6. 06AICohere Stake: What C$1.6B Buys Canada [2026]tech-insider.org ·