Mark Carney announces a C$1.6 billion investment in artificial intelligence company Cohere, in Montreal, Canada on Oct. 29, 2026.Alexis Aubin/AFP via Getty Images

Carney frames C$1.6B AI investment as national security imperative – POLITICO

by · POLITICO

MONTREAL — Prime Minister Mark Carney is positioning Ottawa’s C$1.6 billion investment in Canadian artificial intelligence company Cohere as a downpayment on his country’s national security. 

“We’re not waiting for the future of AI to be decided somewhere else by those we don’t know or … don’t trust,” Carney said Thursday in Montreal ahead of the start of the Canada-EU summit.

Carney framed the upcoming congress, which includes meetings Friday with European Commission President Ursula von der Leyen and European Council President António Costa, as a shared endeavor to build a stronger transatlantic alliance in the face of global disruption.