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pitch to voters on Election DayDisney expected to lay off thousands in its biggest round of cuts this yearDisney expected to lay off thousands in its biggest round of cuts this yearDisney expected to lay off thousands in its biggest round of cuts this yearAckman warns speculative trading is turning the stock market into a casinoAckman warns speculative trading is turning the stock market into a casinoAckman warns speculative trading is turning the stock market into a casinoRedMagic takes its RGB liquid-cooled gaming phone global as the 12 ProRedMagic takes its RGB liquid-cooled gaming phone global as the 12 ProRedMagic takes its RGB liquid-cooled gaming phone global as the 12 ProMalachi Jordan commits to St. John's, its first five-star recruit in 13 yearsMalachi Jordan commits to St. John's, its first five-star recruit in 13 yearsMalachi Jordan commits to St. John's, its first five-star recruit in 13 yearsSigns point to a big BioWare N7 Day celebration planned before the studio closedSigns point to a big BioWare N7 Day celebration planned before the studio closedSigns point to a big BioWare N7 Day celebration planned before the studio closedCritics of Ilhan Omar describe threats and intimidation, report saysCritics of Ilhan Omar describe threats and intimidation, report saysCritics of Ilhan Omar describe threats and intimidation, report saysGoogle app may replace its bottom bar tabs with Videos, Images and YouGoogle app may replace its bottom bar tabs with Videos, Images and YouGoogle app may replace its bottom bar tabs with Videos, Images and YouStar Wars Jedi: Survivor's final hidden secret found after three and a half yearsStar Wars Jedi: Survivor's final hidden secret found after three and a half yearsStar Wars Jedi: Survivor's final hidden secret found after three and a half yearsWar widens in the Black Sea, testing NATO's red linesWar widens in the Black Sea, testing NATO's red linesWar widens in the Black Sea, testing NATO's red linesGoogle confirms 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a potentially massive dwarf planet candidate beyond PlutoEating blueberries every day may ease depressive symptoms in older adultsEating blueberries every day may ease depressive symptoms in older adultsEating blueberries every day may ease depressive symptoms in older adultsIran warns of a 'new battlefield' after reported US strike on QeshmIran warns of a 'new battlefield' after reported US strike on QeshmIran warns of a 'new battlefield' after reported US strike on Qeshm
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Business • 2026-10-30, 10:41 GMT • ~1 min read

Canada to invest up to C$1.6 billion in AI firm Cohere

کینیڈا اے آئی کمپنی کوہیئر میں 1.6 ارب ڈالر تک سرمایہ کاری کرے گا

कनाडा एआई कंपनी कोहेयर में 1.6 अरब डॉलर तक का निवेश करेगा

Canada to invest up to C$1.6 billion in AI firm Cohere

Key points

اہم نکات

मुख्य बातें

  • Canada's government will invest up to C$1.6 billion, about US$1.1 billion, for an equity stake in Toronto-based artificial intelligence company Cohere, Prime Minister Mark Carney announced on October 29 in Montreal.
  • The staged, commercial investment sits alongside private investors including NVIDIA, Bell and Germany's Schwarz Group, and is not a grant.
  • Cohere builds secure AI systems for businesses and governments, and its Series E funding round targets up to C$7 billion at a valuation of C$35.7 billion.
  • کینیڈا کی حکومت ٹورنٹو کی مصنوعی ذہانت کمپنی کوہیئر میں 1.6 ارب کینیڈین ڈالر، تقریباً 1.1 ارب امریکی ڈالر تک کی سرمایہ کاری کرے گی اور اس کے بدلے میں حصص حاصل کرے گی، وزیراعظم مارک کارنی نے 29 اکتوبر کو مونٹریال میں اعلان کیا۔ یہ مرحلہ وار تجارتی سرمایہ کاری ہے جو نجی سرمایہ کاروں بشمول این ویڈیا، بیل اور جرمنی کے شوارز گروپ کے ساتھ ہوگی، اور یہ گرانٹ نہیں ہے۔ کوہیئر کاروباروں اور حکومتوں کے لیے محفوظ اے آئی نظام بناتی ہے، اور اس کے سیریز ای فنڈنگ راؤنڈ کا ہدف 35.7 ارب کینیڈین ڈالر کی قیمت پر 7 ارب ڈالر تک ہے۔ اس کے بدلے میں کوہیئر اپنا صدر دفتر اور رجسٹریشن کینیڈا میں رکھے گی، 2030 تک کینیڈا میں کمپیوٹنگ بنیادی ڈھانچے میں کم از کم 1.7 ارب ڈالر لگائے گی اور کم از کم 1,000 تکنیکی ملازمتیں پیدا کرے گی۔
  • कनाडा सरकार टोरंटो स्थित कृत्रिम बुद्धिमत्ता कंपनी कोहेयर में 1.6 अरब कनाडाई डॉलर, लगभग 1.1 अरब अमेरिकी डॉलर तक का निवेश करेगी और बदले में हिस्सेदारी लेगी, प्रधानमंत्री मार्क कार्नी ने 29 अक्टूबर को मॉन्ट्रियल में इसकी घोषणा की। यह चरणबद्ध वाणिज्यिक निवेश है जो एनवीडिया, बेल और जर्मनी के श्वार्ज़ समूह सहित निजी निवेशकों के साथ होगा, और यह अनुदान नहीं है। कोहेयर व्यवसायों और सरकारों के लिए सुरक्षित एआई प्रणाली बनाती है, और उसके सीरीज़ ई वित्तपोषण दौर का लक्ष्य 35.7 अरब कनाडाई डॉलर के मूल्यांकन पर 7 अरब डॉलर तक है। बदले में कोहेयर अपना मुख्यालय और पंजीकरण कनाडा में रखेगी, 2030 तक कनाडा में कंप्यूटिंग बुनियादी ढाँचे में कम से कम 1.7 अरब डॉलर लगाएगी और कम से कम 1,000 तकनीकी नौकरियाँ पैदा करेगी।

Canada's government will invest up to C$1.6 billion, about US$1.1 billion, for an equity stake in Toronto-based artificial intelligence company Cohere, Prime Minister Mark Carney announced on October 29 in Montreal. The staged, commercial investment sits alongside private investors including NVIDIA, Bell and Germany's Schwarz Group, and is not a grant. Cohere builds secure AI systems for businesses and governments, and its Series E funding round targets up to C$7 billion at a valuation of C$35.7 billion. In return, Cohere will keep its headquarters and incorporation in Canada, invest at least C$1.7 billion in Canadian computing infrastructure and create at least 1,000 technical jobs by 2030.

کینیڈا کی حکومت ٹورنٹو کی مصنوعی ذہانت کمپنی کوہیئر میں 1.6 ارب کینیڈین ڈالر، تقریباً 1.1 ارب امریکی ڈالر تک کی سرمایہ کاری کرے گی اور اس کے بدلے میں حصص حاصل کرے گی، وزیراعظم مارک کارنی نے 29 اکتوبر کو مونٹریال میں اعلان کیا۔ یہ مرحلہ وار تجارتی سرمایہ کاری ہے جو نجی سرمایہ کاروں بشمول این ویڈیا، بیل اور جرمنی کے شوارز گروپ کے ساتھ ہوگی، اور یہ گرانٹ نہیں ہے۔ کوہیئر کاروباروں اور حکومتوں کے لیے محفوظ اے آئی نظام بناتی ہے، اور اس کے سیریز ای فنڈنگ راؤنڈ کا ہدف 35.7 ارب کینیڈین ڈالر کی قیمت پر 7 ارب ڈالر تک ہے۔ اس کے بدلے میں کوہیئر اپنا صدر دفتر اور رجسٹریشن کینیڈا میں رکھے گی، 2030 تک کینیڈا میں کمپیوٹنگ بنیادی ڈھانچے میں کم از کم 1.7 ارب ڈالر لگائے گی اور کم از کم 1,000 تکنیکی ملازمتیں پیدا کرے گی۔

कनाडा सरकार टोरंटो स्थित कृत्रिम बुद्धिमत्ता कंपनी कोहेयर में 1.6 अरब कनाडाई डॉलर, लगभग 1.1 अरब अमेरिकी डॉलर तक का निवेश करेगी और बदले में हिस्सेदारी लेगी, प्रधानमंत्री मार्क कार्नी ने 29 अक्टूबर को मॉन्ट्रियल में इसकी घोषणा की। यह चरणबद्ध वाणिज्यिक निवेश है जो एनवीडिया, बेल और जर्मनी के श्वार्ज़ समूह सहित निजी निवेशकों के साथ होगा, और यह अनुदान नहीं है। कोहेयर व्यवसायों और सरकारों के लिए सुरक्षित एआई प्रणाली बनाती है, और उसके सीरीज़ ई वित्तपोषण दौर का लक्ष्य 35.7 अरब कनाडाई डॉलर के मूल्यांकन पर 7 अरब डॉलर तक है। बदले में कोहेयर अपना मुख्यालय और पंजीकरण कनाडा में रखेगी, 2030 तक कनाडा में कंप्यूटिंग बुनियादी ढाँचे में कम से कम 1.7 अरब डॉलर लगाएगी और कम से कम 1,000 तकनीकी नौकरियाँ पैदा करेगी।

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