Ottawa’s Cohere investment of up to $1.6B joins a Schwarz Group-led round valuing the Toronto AI firm near $36B, tied to $1.7B in Canadian compute by 2030.
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AI compute
Canada’s responsible data centre development framework grew from 23 to 42 signatories as AMD, IBM, Intel, NVIDIA and 15 others signed on September 22, 2026.
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Anthropic Locks In Multi-Gigawatt Compute Deal With Google and Broadcom
Anthropic has agreed a new deal with Google and Broadcom for multiple gigawatts of next-generation TPU capacity from 2027, as run-rate revenue passes $30 billion and enterprise spending on Claude accelerates.