The Canadian government is investing C$240 million ($169 million) in AI startup Cohere to establish a cutting-edge data center in Toronto. Scheduled for 2025, the facility will leverage Nvidia GPUs and CoreWeave’s expertise, fueling Canada’s AI ecosystem. This first phase of the $2.4 billion Sovereign AI Compute Strategy aims to attract multibillion-dollar private investments, solidifying Canada’s global AI leadership and creating high-wage tech jobs.