{"id":"V00002","name":"Cohere Inc.","hq_country":"Canada","ownership":"canadian","ownership_evidence":"https://www.hcamag.com/ca/specialization/transformation/canadian-ai-developer-cohere-to-form-global-ai-powerhouse-through-merger/573051","spend":240000000,"contracts":[{"id":"C00002","department":"Innovation Science and Economic Development Canada","department_short":"","vendor_id":"V00002","vendor_raw":"Cohere Inc.","amount_cad":240000000,"fiscal_year":"2024-25","award_date":null,"description":"Up to $240M strategic investment in Cohere Inc.'s $725M project for domestic AI compute capacity; first recipient of the AI Compute Challenge under the Canadian Sovereign AI Compute Strategy (announced Dec 6 2024)","kind":"investment","source_type":"press","source_url":"https://dailyguardian.ca/ottawa-spent-more-than-800m-on-ai-contracts-over-3-years-data-shows/","notes":"Investment, not a procurement contract; reported both ways. Cohere commissioned American-owned CoreWeave to build and operate the Canadian data centre (Wire Report Oct 1 2026; Canadian Shield Institute scores the deal 2/10 on sovereignty)."}],"variants":["Cohere","Cohere Inc."],"departments":["Innovation Science and Economic Development Canada"],"fiscal_years":["2024-25"]}