“Canada spent $4.4 billion on AI. The minister says the IP stays in Canada"
Here’s why that’s not true. At committee this week, the minister defended the government’s $240 million AI funding decision by stating that the intellectual property created by Cohere “stays in Canada”
By News on the Net -- Slk55again—— Bio and Archives--February 8, 2026
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Here are the facts.
In December 2024, the Government of Canada finalized up to $240 million in funding for Toronto-based Cohere as part of a $725 million AI data centre project. According to public reporting by BetaKit, the facility is being built and operated by CoreWeave, a U.S. cloud computing company.
CoreWeave owns the servers.
CoreWeave controls the compute.
CoreWeave earns the operating revenue.
Cohere does not own the data centre. Canada does not own the data centre. And Canada does not own the compute layer that actually powers model training, scaling, and deployment.
“Canada spent $4.4 billion on AI.
— Slk55again (@slk55again)February 7, 2026
The minister says the IP stays in Canada.
Here’s why that’s not true.
At committee this week, the minister defended the government’s $240 million AI funding decision by stating that the intellectual property created by Cohere “stays in Canada.”… pic.twitter.com/5JwJGjdfLO
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