
Canada Plans Up to $1.6 Billion Stake in Cohere
Ottawa plans to invest up to C$1.6 billion in Toronto AI firm Cohere, taking an equity stake. The money is part of a Series E round targeting up to C$7 billion.

Ottawa plans to invest up to C$1.6 billion in Toronto AI firm Cohere, taking an equity stake. The money is part of a Series E round targeting up to C$7 billion.

The UK government published its Data Centre Covenant on 28 October 2026 in the Autumn Budget. It links priority grid connections for large data centres to local tests, and it sits alongside more than £700m in AI spending.
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