BusinessOct 30, 20261 min readCarney announces $1.6B federal investment in Toronto-based AI company - Toronto Sun0SaveShareContentsWhy it mattersModel Size6BDense ParametersCapital / Scale$1.6BCommitted InvestmentCategoryBusinessIndustry DomainThe Core DevelopmentCarney announces $1.6B federal investment in Toronto-based AI company Toronto SunWhy it mattersCarney announces $1.6B federal investment in Toronto-based AI company Toronto Sun Reported by Google News — Cohere on October 30, 2026.