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Cohere outlines C$4 billion Canadian AI investment through 2031

Cohere says its existing and new multiyear plans amount to more than C$4 billion of Canadian R&D and infrastructure investment through 2031, with more than 1,500 jobs expected. This is a spending commitment and jobs forecast, not a completed investment or a financing round.

Cohere

Canada AI investment commitment

Business & Adoption

Published (date only)

Updated

1 source

Primary source · October 30, 2026

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