This marks the first investment through the new Canadian Sovereign AI Compute Strategy.| BetaKit
New enterprise AI model outperforms DeepSeek, ChatGPT on several enterprise-specific tasks, company says.| BetaKit
Cohere’s answer to Microsoft Copilot and Google Vertex already has a partnership with RBC.| BetaKit
A group of major media companies have filed a lawsuit against Toronto-based generative AI startup Cohere, alleging “massive, systematic copyright infringement and trademark infringement.”| BetaKit
Already one of Canada’s highest-valued technology startups, Burnaby, BC-based legaltech company Clio claims its new Series F round makes it the most valuable cloud legaltech firm in the world.| BetaKit
At Web Summit Vancouver, Cohere co-founder Ivan Zhang addressed the proof-of-concept fatigue that has taken hold among enterprises racing to adopt the technology without a resulting payoff.| BetaKit
Canadian VC saw $7.86 billion invested across 592 deals in 2024, per the CVCA, buoyed by later-stage megadeals while seed funding struggled.| BetaKit