Claims extracted
17
sentences that state something as happening or true
Uncertain
0%
0 of 17 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
74/100
CBC News's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
4
Technology
Same framing elsewhere
1
articles that frame the event the way this one does
Canada to invest up to $1.6B in Toronto-based AI company Cohere
PM
asserted
Canada → invest → company
Carney says Canada won't wait for AI to be decided by other countries Canada doesn't trust
asserted
Canada → say → countries
The Canadian government is taking an equity stake in Cohere, joining a funding round led by Germany's Schwarz Group targeting $7 billion for the Toronto-based AI lab, Cohere said on Thursday.
asserted
Cohere → take → Thursday
The round would value Cohere at about $36 billion.
asserted
round → value → billion
Schwarz, which owns the Lidl and Kaufland retail chains, pledged $780 million to lead the round in April as part of Cohere's merger with the German AI developer Aleph Alpha.
asserted
which → own → developer
Cohere said the money will fund model development, products for regulated industries and computing infrastructure.
asserted
money → say → industries
Prime Minister Mark Carney made the announcement Thursday as he welcomed European Union leaders to Montreal for a summit aimed at forging closer ties.
asserted
he → make → ties
He said Ottawa would invest up to $1.6 billion in Cohere.
asserted
Ottawa → say → Cohere
Other investors included Nvidia and BCE's Bell Canada subsidiary, he said.
asserted
he → include → Nvidia
"Cohere will stay Canadian, creating more opportunities for our workers and businesses.
asserted
Cohere → stay → workers
Its incorporation and headquarters will remain here," he said in a speech.
asserted
he → remain → speech
Company to invest $1.7B in new infrastructure by 2030
Carney said Canada won't wait for the future of artificial intelligence to be decided elsewhere by those Canadians don't know or trust.
asserted
Canadians → invest → those
Cohere will invest at least $1.7 billion in new computing infrastructure in Canada by 2030, he added.
asserted
he → invest → 2030
Cohere CEO Aidan Gomez called the government's investment "a huge honour."
Schwarz, which owned more than 20 per cent of Aleph Alpha, spent almost $25 billion on new data centres in Germany.
asserted
which → call → Germany
Schwarz Digits CEO Christian Müller said the group plans to run Cohere's models on its STACKIT cloud, calling the investment the next step after the Aleph Alpha deal.
asserted
group → say → deal
Cohere has completed only an initial close of the round and did not say how much has been committed so far or when it expects the round to close.
asserted
round → complete → round
The company said annual recurring revenue grew 165 per cent year over year as of the third quarter and that its customer count has grown to 300.
asserted
count → say → 300
The Aporia
