8 stories in the last 7 days
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HIVE secured a $220 million AI infrastructure contract with Bell and Cohere. The deal involves building and operating specialized computing systems for artificial intelligence workloads. The contract represents a significant investment in Canadian AI computing capacity.
BCE Inc. reached a deal with Cohere Inc. and other Canadian firms to provide data center capacity and compute for operating AI models. The agreement continues the telecom company's push to expand its AI strategy.

HIVE Digital Technologies shares jumped 10% in pre-market trading after announcing a $220 million, three-year GPU cloud contract with Bell Canada and Cohere. The deal deploys 2,304 Nvidia Grace Blackwell GPUs at Bell's AI Fabric facility in Merritt, British Columbia, and is expected to add roughly $70 million in annual recurring revenue.
Bell AI Fabric, Cohere, Hypertec, and BUZZ HPC announced a partnership to advance sovereign AI infrastructure in Canada. The deal aims to build domestic AI capabilities while keeping data and processing within Canadian borders. The collaboration combines Bell's network infrastructure, Cohere's language models, and the partners' computing resources.

Cohere CEO Aidan Gomez told G7 leaders that nations risk digital serfdom by renting AI from centralized providers. Gomez argued that relying on a handful of big tech companies surrenders data privacy, security, and operational control. Autocratic nations are already building sovereign AI capabilities.

The US government ordered Anthropic to ban foreign access to its Fable 5 and Mythos 5 models, prompting Anthropic to remove access for everyone. Cohere co-founder Nick Frosst said the company saw a huge number of inbound requests afterward, arguing that relying on a single country's technology is not a foundation to build on.

Cohere chief AI officer Joelle Pineau said the company has seen a huge number of inbound requests from enterprise and government customers after the US government blocked Anthropic's Fable 5 and Mythos 5 models. Customers want a predictable, sovereign tech stack. Cohere offers on-premises deployment as an alternative.

Cohere, which previously sold sovereign AI to enterprises, is now releasing its first coding model aimed at developers. The move expands the company's focus beyond enterprise clients to individual developers building software. The model is designed to generate and assist with code.
Summaries by ByteBrief