My fellow Canadians, artificial intelligence (AI) is the next great technological transformation, and the time to go all in is now. That is why I am announcing the Government of Canada’s commitment to making an equity investment of up to $1.6 billion in Cohere, so that when the AI investment bubble pops, probably later this year and likely wiping out trillions of dollars of wealth across the planet, Canadians will also lose incalculable sums of money.
It’s so frustrating that good reasons get embedded in with the shit. LLMs and data centers can be a good tool for things likes research. Canada should have these, if they can be had ethically, for the things we need/want to do. We don’t need to have dependency on american companies baked into it.