News Summary

Toronto-based AI startup Cohere is opening a new office in Montréal to tap into the city’s rich pool of AI talent and strengthen its research partnerships, particularly with the AI research institute Mila. The expansion is part of Cohere’s strategy to enhance its capabilities in developing large language models (LLMs) and other AI tools tailored to the needs of Canadian businesses and the public sector. Cohere plans to triple its Montréal workforce, adding to its 400-plus global employees, and will partner with CoreWeave to leverage a new data center in Cambridge, Ontario. The company has received $240 million in federal funding to build an AI data center to train LLMs in Canada. Cohere’s CEO Aidan Gomez emphasized the importance of building in Canada and rejecting the ‘Valley-or-bust mentality,’ reinforcing the company’s commitment to the Canadian AI scene.