Oct 29 2026

Canada commits up to C$1.6 billion of equity to Cohere in a Series E of up to C$7 billion at nearly C$36 billion, led by Schwarz Group

MONEYPOLICY

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Staged through the Canada Development Investment Corporation; Cohere commits to stay in Canada and spend C$1.7 billion on Canadian compute by 2030. [B](https://betakit.com/canada-to-invest-up-to-1-6-billion-in-ai-firm-cohere/)

Named in this event

CohereSchwarz GroupMark Carney

Issues that mention Cohere, Schwarz Group, Mark Carney

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