Aidan Gomez, CEO of Canadian AI company Cohere, warns that renting AI from foreign providers poses a national security risk, particularly after the US restricted foreign access to Anthropic's Mythos model earlier this month. He argues democracies must build sovereign AI systems they control end-to-end, rather than depending on foreign APIs. The US and China control 90% of global AI computing power, whilst Cohere and France's Mistral are amongst few prominent frontier AI developers outside this axis. Gomez advocates for countries to own their full AI infrastructure stack, from data centres to chips to models. However, Gomez acknowledges full sovereignty is unrealistic for most nations. Instead, he proposes democracies should pool resources through trusted partnerships, backing selected "champions". Cohere is acquiring Germany's Aleph Alpha in a deal valuing the combined company at around $20 billion.

HIVE Digital's stock surged 12% following news of a $220 million investment from Bell Canada and AI firm Cohere. The three-year deal will see HIVE's high-performance computing unit deploy 2,304 Nvidia processors at Bell's AI facility in British Columbia. The project will provide dedicated computing capacity for Cohere's enterprise AI models serving Canada's federal government and corporate clients. All infrastructure will remain on Canadian soil, supporting Ottawa's push to reduce reliance on foreign-controlled AI technologies. Expected to be operational by early 2027, the project will add approximately $70 million in annual recurring revenue to HIVE Digital. The company's contracted HPC revenue now exceeds $100 million, marking a successful pivot from Bitcoin mining to data centre operations.

Indra Group has signed a memorandum of understanding with Canadian AI company Cohere to develop sovereign AI solutions in Spain, Canada and Europe. The partnership, implemented through Indra's IndraMind initiative, aims to protect critical assets and promote bilateral technology cooperation between the two countries. The collaboration will include developing an agentic AI platform to help SMEs expand internationally and strengthen supply chains. IndraMind will provide sovereign computing and data management capabilities, whilst Cohere will supply large language models adapted to Spain's official languages, including Castilian Spanish, Catalan, Valencian, Basque and Galician. The agreement also covers AI research in defence to improve technological interoperability during multinational operations. The MoU was signed during an institutional visit to Canada led by King Felipe VI and Spain's economy minister.