Cohere's dealmaking cementing its place in the Canadian sovereign tech ecosystem. September 22, 2026 Cohere's deal-making strength is becoming one of its most important competitive capabilities. TD's latest announcement today shows why. The bank has committed an initial investment of up to $25 million over three years to support AI development and adoption through a strategic collaboration between the Layer 6 team and Cohere. Knowledge management is an early focus, with dedicated Cohere experts working alongside Layer 6 at MaRS to identify and develop practical applications across the bank. For Cohere, this adds to a growing network of institutional relationships: Bell, OpenText, and European connections including Spain via the merger with Germany's Aleph Alpha. Together, those relationships build access to infrastructure, enterprise customers, implementation expertise and international markets. That is a substantial competitive advantage. (cohere.com, cohere.com, cohere.com) The AI industry spends enormous energy debating which company has the most capable frontier model. But technical leadership and commercial leadership are different achievements. Cohere's deal-making strength is increasingly clear, and its business does not require it to win every contest in general-purpose reasoning, coding or consumer conversation. For many enterprise purchases, the ability to negotiate a workable agreement, integrate with existing systems, support deployment and meet the customer's security requirements carries more weight than an incremental advantage on a benchmark. Model capability has to meet the task. Once it does, the surrounding business capabilities can determine who gets the contract. With sovereignty pervading the discourse outside of the US almost as much as capability, Cohere is dominantly placed in the Canadian AI ecosystem. The TD relationship makes that concrete. Layer 6 brings applied research and knowledge of the bank; Cohere brings models, technical expertise and people who will work alongside the internal team. The collaboration creates a route from technical capability to actual use. In the current trade environment, that approach also has political and strategic value. Canadian organizations are reassessing dependencies and looking for greater control over critical technology. Cohere is positioning itself to become the Canadian model provider of choice for institutions making that transition. Its domestic partnerships and expanding European relationships give that positioning commercial substance. "Canada has extraordinary AI talent, research and companies. The opportunity now is to connect that strength and translate it into practical applications that create value for clients," said Rizwan Khalfan, Executive Vice President and Vice Chair, Strategic Growth, Innovation and Partnerships, TD. "Our collaboration with Cohere brings together expertise, experimentation and real-world application in ways that can help Canada lead not only in AI innovation, but also in responsible adoption." There is still a conspicuous gap: Cohere has no mass-market consumer assistant comparable to ChatGPT or Anthropic's Claude. North and Command-A+ are positioned as an enterprise workspaces, leaving ordinary Canadians without an equivalent homegrown consumer destination from the country's most prominent model developer. (cohere.com) That limits its everyday visibility. But institutional adoption can establish a company's position long before it becomes a household name, if that is even in its ambitions. Cohere is demonstrating how much of the AI business gets built through relationships, distribution and execution. Frontier capability gets attention. Making the technology purchasable, deployable, useful and potentially of equal importance today, sovereign, earns a place inside the institution.

OpenText, Cohere partner to combine trusted data with agentic AI. Sep 16, 2026, 07:00 ET Partnership combines OpenText's trusted data and context with Cohere's North platform and models to help organizations build, connect, and orchestrate agentic AI from pilot to production MONTREAL, Sept. 16, 2026 /PRNewswire/ - OpenText Corporation (NASDAQ: OTEX) (TSX: OTEX), a global leader in data management and context for enterprise AI, and Cohere, the world's leading sovereign AI company, today announced a strategic partnership at the ALL IN AI conference to bring trusted agentic AI to governments and regulated industries. Together, OpenText and Cohere provide complementary layers of the AI stack for the agentic enterprise. As the data and context layer, OpenText unlocks enterprise data, including unstructured, operational and transactional data, and gives agentic AI the context it needs. Cohere provides the application and orchestration layer through North, its secure, privately deployable agentic AI platform, together with its cutting-edge enterprise AI models for powering complex automations. Clients have the choice of where it all runs: on-premises, or in a private, public, or sovereign cloud depending on their security, data, and deployment requirements. "Data is not the supporting act; it is what gives agentic AI the context it needs to perform," said Ayman Antoun, Chief Executive Officer, OpenText. "OpenText brings the data and context layer, while Cohere brings the orchestration and models that turn that data into agentic AI that acts with purpose. Together, we give clients what they need to build the agentic enterprise." Expected to reach clients in early 2027, the OpenText and Cohere agentic solution is purpose built for governments and organizations in highly regulated sectors, where AI agents must reason over trusted data and act across systems without sacrificing control over data location, security, or deployment. OpenText's data and context layer already runs inside the world's top 20 federal governments, along with healthcare systems, financial institutions, insurers, and global supply chains, through its Content, Business Network, IT Operations Management (ITOM), and Cybersecurity solutions. "Enterprises and governments need AI that can work with their most important data while keeping them in control of where that data lives and how it is used," said Aidan Gomez, Co-founder and CEO of Cohere. "By bringing North and our models together with OpenText's trusted data and context, we're giving organizations a secure path to move agentic AI from pilot to production and put it to work across the systems and workflows their teams rely on every day." OpenText brings clients a world-class ecosystem of partners that together deliver the full AI stack they need to deploy agentic AI. The OpenText and Cohere partnership will include product development, integration of Cohere's agentic platform and models into OpenText Aviator AI agents, coordinated go-to-market execution, and a strategic reseller relationship through SOLEX, enabling OpenText to offer Cohere-supported solutions both on-premises and through OpenText Cloud. Two Canadian AI Leaders With Global Reach OpenText was founded in Canada in 1991 and serves more than 120,000 enterprise clients in 180 countries. Cohere was founded in Toronto in 2019 and is the world's leading sovereign AI company building cutting-edge foundation models and end-to-end AI products for enterprise and public sector organizations. Together, the companies extend a common foundation in trust and security to regulated markets worldwide, where deployment choice and control over data matter most. About OpenText OpenText(TM) is a global leader in data management for enterprise AI, helping organizations protect, govern, and activate their data with confidence. Our technologies turn data into information with context to form the knowledge base for enterprise AI. Learn more at www.opentext.com. About Cohere Cohere, founded in 2019, is the world's leading sovereign AI company building foundations models and end-to-end AI products to solve real-world business problems. Cohere partners with organizations to deliver seamless integration, customization and user-friendly solutions. Its all-in-one platform provides maximum security, privacy and deployment flexibility across clouds, private environments and on-premises. Headquartered in Toronto and San Francisco, Cohere operates additional offices in London, New York, Montreal, Paris, and Seoul, serving customers worldwide. The company has raised ~1.6 billion USD from strategic investors (AMD Ventures, Salesforce Ventures, Oracle, Cisco), institutional investors (Radical Ventures, Inovia Capital, PSP Investments, HOOPP, BDC, Nexxus), and AI pioneers including Geoffrey Hinton, Fei-Fei Li, Pieter Abbeel, and Raquel Urtsaun. For more information, visit Cohere.com. Cautionary Statement Regarding Forward-Looking Statements Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws, including statements about Open Text Corporation ("OpenText" or the "Company") regarding the anticipated benefits of the partnership between OpenText and Cohere, product development, and integration of Cohere's North platform and models into OpenText's enterprise AI Aviator portfolio, coordinated go-to-market activities, and the expected timing and availability of integrated capabilities. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Further, readers should note that we may announce information using our website, press releases, securities law filings, public conference calls, webcasts and the social media channels identified on the Investors section of our website (https://investors.opentext.com). Such social media channels may include the Company's or our CEO's blog, X, formerly known as Twitter, account or LinkedIn account. The information posted through such channels may be material. Accordingly, readers should monitor such channels in addition to our other forms of communication. SOURCE Open Text Corporation

OpenText, Cohere partner to combine trusted data with agentic AI. Partnership combines OpenText's trusted data and context with Cohere's North platform and models to help organizations build, connect, and orchestrate agentic AI from pilot to production. Montreal, QC - 2026-09-16 -OpenText Corporation (NASDAQ/TSX: OTEX), a global leader in data management and context for enterprise AI, and Cohere, the world's leading sovereign AI company, today announced a strategic partnership at the ALL IN AI conference to bring trusted agentic AI to governments and regulated industries. Together, OpenText and Cohere provide complementary layers of the AI stack for the agentic enterprise. As the data and context layer, OpenText unlocks enterprise data, including unstructured, operational and transactional data, and gives agentic AI the context it needs. Cohere provides the application and orchestration layer through North, its secure, privately deployable agentic AI platform, together with its cutting-edge enterprise AI models for powering complex automations. Clients have the choice of where it all runs: on-premises, or in a private, public, or sovereign cloud depending on their security, data, and deployment requirements. "Data is not the supporting act, it is what gives agentic AI the context it needs to perform," said Ayman Antoun, Chief Executive Officer, OpenText. "OpenText brings the data and context layer, while Cohere brings the orchestration and models that turn that data into agentic AI that acts with purpose. Together, we give clients what they need to build the agentic enterprise." Expected to reach clients in early 2027, the OpenText and Cohere agentic solution is purpose built for governments and organizations in highly regulated sectors, where AI agents must reason over trusted data and act across systems without sacrificing control over data location, security, or deployment. OpenText's data and context layer already runs inside the world's top 20 federal governments, along with healthcare systems, financial institutions, insurers, and global supply chains, through its Content, Business Network, IT Operations Management (ITOM), and Cybersecurity solutions. "Enterprises and governments need AI that can work with their most important data while keeping them in control of where that data lives and how it is used," said Aidan Gomez, Co-founder and CEO of Cohere. "By bringing North and our models together with OpenText's trusted data and context, we're giving organizations a secure path to move agentic AI from pilot to production and put it to work across the systems and workflows their teams rely on every day." OpenText brings clients a world-class ecosystem of partners that together deliver the full AI stack they need to deploy agentic AI. The OpenText and Cohere partnership will include product development, integration of Cohere's agentic platform and models into OpenText Aviator AI agents, coordinated go-to-market execution, and a strategic reseller relationship through SOLEX, enabling OpenText to offer Cohere-supported solutions both on-premises and through OpenText Cloud. Two Canadian AI Leaders With Global Reach OpenText was founded in Canada in 1991 and serves more than 120,000 enterprise clients in 180 countries. Cohere was founded in Toronto in 2019 and is the world's leading sovereign AI company building cutting-edge foundation models and end-to-end AI products for enterprise and public sector organizations. Together, the companies extend a common foundation in trust and security to regulated markets worldwide, where deployment choice and control over data matter most. Key Takeaways * OpenText and Cohere have partnered to integrate the Cohere agentic AI platform, North, and large language models into OpenText's context and data foundation, and OpenText Aviator AI agents. This collaboration will provide trusted agentic AI solutions for governments and highly regulated industries. * The partnership is designed to help organizations move AI from pilot projects into production by enabling agents to reason over trusted enterprise data. This allows for automated actions across systems while maintaining strict control over data security, deployment, and human oversight. * This combined AI stack of trusted data, context, orchestration, and large language models (LLMs) addresses a gap that has previously limited agentic AI adoption in enterprises and organizations. OpenText brings the enterprise data foundation, including unstructured, operational, and transactional data, and gives agentic AI the context it needs. Cohere brings the orchestration layer, North, and models that turn that data into agentic AI that acts with purpose. * Clients have the choice to deploy these integrated AI solutions on-premises or within private, public, or sovereign clouds. * OpenText CEO Ayman Antoun states that well-governed and secure data provides the necessary context for agentic AI to perform. He believes this partnership provides the critical layers of the AI stack required for clients to build an agentic enterprise that performs and delivers results. Frequently Asked Questions What did OpenText and Cohere announce? OpenText and Cohere announced a strategic partnership to bring secure agentic AI to governments and regulated industries. The partnership will combine OpenText's enterprise data and context capabilities with North, Cohere's agentic AI platform, and models. What is the partnership designed to help regulated organizations do? The partnership is designed to help clients move AI from pilot projects into production. It is intended to let agents reason over trusted enterprise data in context and automate processes across systems while preserving control over data location, security, deployment, and accountability. What technologies are being integrated into OpenText Aviator? OpenText said it plans to integrate Cohere North, the agentic AI orchestration platform, and Cohere's large language models, into OpenText Aviator AI agents. Which industries and deployment environments are mentioned in the source content? OpenText's data and context layer already runs inside top federal governments, healthcare systems, financial institutions, insurers, and global supply chains. It also says clients can choose on-premises deployment or deployment in a private, public, or sovereign cloud. About OpenText OpenText(TM) is a global leader in data management for enterprise AI, helping organizations protect, govern, and activate their data with confidence. Its technologies turn data into information with context to form the knowledge base for enterprise AI. Learn more at www.opentext.com. About Cohere Cohere, founded in 2019, is the world's leading sovereign AI company building foundations models and end-to-end AI products to solve real-world business problems. Cohere partners with organizations to deliver seamless integration, customization and user-friendly solutions. Its all-in-one platform provides maximum security, privacy and deployment flexibility across clouds, private environments and on-premises. Headquartered in Toronto and San Francisco, Cohere operates additional offices in London, New York, Montreal, Paris, and Seoul, serving customers worldwide. The company has raised ~1.6 billion USD from strategic investors (AMD Ventures, Salesforce Ventures, Oracle, Cisco), institutional investors (Radical Ventures, Inovia Capital, PSP Investments, HOOPP, BDC, Nexxus), and AI pioneers including Geoffrey Hinton, Fei-Fei Li, Pieter Abbeel, and Raquel Urtsaun. For more information, visit Cohere.com. Cautionary Statement Regarding Forward-Looking Statements Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws, including statements about Open Text Corporation ("OpenText" or the "Company") regarding the anticipated benefits of the partnership between OpenText and Cohere, product development, and integration of Cohere's North platform and models into OpenText's enterprise AI Aviator portfolio, coordinated go-to-market activities, and the expected timing and availability of integrated capabilities. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Further, readers should note that OpenText Corp. may announce information using its website, press releases, securities law filings, public conference calls, webcasts and the social media channels identified on the Investors section of its website (https://investors.opentext.com). Such social media channels may include the Company's or its CEO's blog, X, formerly known as Twitter, account or LinkedIn account. The information posted through such channels may be material. Accordingly, readers should monitor such channels in addition to its other forms of communication. [email protected]