Cohere, an AI startup supported by Nvidia, is set to construct a multibillion-dollar AI data centre in Canada, backed by a significant investment from the Canadian government. The government has pledged up to C$240 million ($169.45 million) as part of its C$2 billion Canadian Sovereign AI Compute Strategy, aimed at enhancing the nation's AI infrastructure. This initiative is expected to create numerous high-paying jobs and bolster the capabilities of Canadian AI enterprises.
The new facility will not only support Cohere's model training but also provide essential compute capacity for other AI innovators in Canada. With plans to partner with CoreWeave, Cohere aims to attract additional private investment to complete the project by 2025. The funding and infrastructure development signify a strong commitment to advancing AI technology and innovation within the country.
• Cohere receives C$240 million to build an AI data centre in Canada.
• The project aims to enhance Canada's AI infrastructure and create jobs.
An AI data centre is a facility designed to support the computational needs of AI applications, which is crucial for training models.
Compute capacity refers to the processing power available for running AI algorithms, essential for developing advanced AI technologies.
AI infrastructure encompasses the hardware and software resources necessary for AI development, which is being enhanced through government investment.
Cohere is an AI startup focused on developing advanced AI models and solutions, leveraging new infrastructure to enhance its capabilities.
NVIDIA is a leading technology company known for its contributions to AI hardware and software, providing essential support for Cohere's initiatives.
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