Canada is a North American country that has recently been building out AI policy and industry support at the federal level. Coverage includes Canada and Nvidia backing a Cohere funding round at a $20.5 billion valuation; the creation of a National Artificial Intelligence Council to advise the government on safe use and adoption; and the Prime Minister's National Council on Artificial Intelligence, an independent advisory body covering adoption, talent, research, safety, governance and sovereign AI infrastructure, whose 'AI for All' strategy targets raising business AI adoption from 12% to 60% by 2034.
EU, Canada forge strategic alliance on minerals, AIAt the Montreal summit, the EU and Canada announced deeper cooperation on critical minerals, AI and digital trade, calling it the bloc's closest partnership with a non-European state. European supercomputing infrastructure will open to Canadian researchers, and the European Investment Bank can finance Canadian critical mineral projects.
Cohere raising at over $20 billion valuationAI model maker Cohere is raising a large round at a $20.5 billion valuation, roughly tripling its value from a year ago. Canada and Nvidia are backing the round.
Canada Sets Up National Artificial Intelligence CouncilCanada has established a National Artificial Intelligence Council, a group that will advise the government on the safe use and adoption of the technology.
Canada launches National Council on Artificial IntelligenceCanada launched the Prime Minister's National Council on Artificial Intelligence, an independent advisory body for its AI strategy covering adoption, talent, research, safety, governance and sovereign AI infrastructure. Its 'AI for All' strategy aims to raise business AI adoption from 12% to 60% by 2034 and create 250,000 AI-related jobs.
The A.I. Daily