AIBetaKitabout 1 hour ago
Canada Invests 1.6 Billion in AI Firm Cohere
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Canadian Finance Minister François-Philippe Champagne calls the government's 1.6-billion-dollar investment in AI developer Cohere a strategic model for creating domestic champions. The minister stated that the state should be more involved in key industries with strategic value to ensure scale and global competitiveness, echoing earlier comments by AI Minister Evan Solomon regarding the Canadian Tech Growth Fund.
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