BetaKit· Madison McLauchlan·· 2 hours agoTop DealsAI Score72
Canada's AI minister says Cohere deal won't be the last federal equity stake in Canadian tech
Cohere deal won’t be last time feds take stake in Canadian tech companies, AI minister says
AI Overview
Canada will invest up to CAD 1.6 billion in Cohere as part of the Toronto company's Series E round.
Why it matters
The minister's comments and the new CAD 500 million tech fund show how Ottawa plans to take equity stakes in AI companies beyond this Cohere deal.
Source:BetaKit · betakit.com
Subscribe to the newsletters
Free, by email. No account needed. Pick one or both.
No spam. Unsubscribe anytime by emailing team@midu.si. Want alerts and full data? Sign up free (separate from the newsletter). Privacy.
Not investment advice. Midu summarizes public reports and SEC filings for information only. · Free API · Pricing