online casino game jili super ace png The funding is designed to help Cohere attract other investors to put in money to complete the construction of the data centre, which is targeted to be online next year. DADO RUVIC/Reuters The federal government is providing up to $240-million to help Toronto artificial intelligence company Cohere and its partners build a multibillion-dollar data centre in Canada that will power AI models and applications, Deputy Prime Minister Chrystia Freeland said on Friday. The investment is the first one the government has made through its $2-billion AI infrastructure program, which was announced in April. The funding is designed to help Cohere attract other investors to put in money to complete the construction of the data centre, which is targeted to be online next year. Building and running AI models requires graphics processing units (GPUs) and other pricey infrastructure. Canada has fallen behind in providing this equipment, referred to as “compute,” to public sector researchers, while private businesses have faced difficulties accessing compute at affordable prices. The government is trying to address these issues through its AI infrastructure strategy. The government said that Cohere and other Canadian companies will be able to access the new data centre. Canadian AI startup Cohere to prioritize customized over larger models in enterprise push Ottawa announced more details of its AI compute strategy on Thursday. About $1-billion will be used to build publicly owned supercomputing infrastructure, while up to $700-million will be set aside to subsidize building new data centres and expanding existing ones, in partnership with industry. The remaining $300-million will used to pay AI compute costs for small- and medium-sized businesses, though that program does not launch until next spring and the details have not yet been made public. Cohere was founded in 2019 and builds large language models, the technology that powers chatbots and other applications. Cohere has set itself apart from competitors such as OpenAI and Anthropic by focusing on business applications instead of consumer products. In July, Cohere raised US$500-million at a valuation of US$5.5-billion.

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Manuel Xyrakis thinks we should all go back to where we came from. Black Friday Sale Subscribe Now! Login or signup to continue reading All articles from our website The digital version of Today's Paper Breaking news alerts direct to your inbox All articles from the other regional websites in your area Continue Being from a migrant family, the co-owner of the family-run Ainslie IGA means it in the best possible way. But there were tears all around at the staff Christmas party, where he presented his longest-serving staff member with a thank-you gift: two plane tickets to Italy. The staff member in question, Dominic Mammoliti, has never returned to his home country since migrating here as a 13-year-old. But he and his wife will soon be taking a trip back to Calabria, in southern Italy, where their families are from. A man of few words, Mr Mammoliti said he felt "excited" to go home, but doesn't remember much from his childhood there. Ainslie IGA owner Manuel Xyrakis, left, has given his long-time staff member Dominic Mammoliti a trip back to Italy. Picture by Karleen Minney "I never had the need to go back," he said. His wife Cathy, meanwhile, has never even been on a plane, and may take some convincing. The couple have three children, two of whom have travelled to Italy. "They said it's great," he said. But for him, it was "a strange feeling" to suddenly have the option to visit again, and while he still speaks the Calabrian dialect, he has few memories of leaving Italy and arriving in Australia. "I have very few old memories. They're good, but I was young and I don't remember much," he said. "I'm not really excited, more nervous." Mr Xyrakis said he understood the complicated feelings. His own father, Nick, took more than two decades to return to Karpathos, Greece, after migrating here in 1948 at the age of 22. "I think there's nothing nicer than going back to where the family were, and seeing your roots," he said. "My dad hadn't been for 26 years, and he went back with a 19-year-old son, with me, and it was one of the best things. You know, you met your cousins. "Just to know the birthplace of your family, the heritage, regardless of where you're from. And I say that to a lot of my staff here, whether they're from India, from Nepal, wherever they're from, make sure your kids do know your heritage, your traditions, your customs and your language. "I think it's very important to always emphasise that you carry that through." He said when he and his staff realised Mr Mammoliti had never been back to Italy, it was a no-brainer that this would be the perfect way to recognise his 50 years of loyal service at the Ainslie IGA. "I remember when I hired him ... I would have been 18, 19," he said, of the then-16-year-old Dominic. "He could hardly speak a word of English, he was just fresh out of Italy, and the rest is history. He just went on from there. "He did a lot of different things. I remember going to his wedding. I remember kids' christenings - you're involved with knowing your staff, which I think is very important "And Dominic is such an organised person. "He's here Monday, Friday, from 6am to 3pm, but he's so super-organised. He knows what deals to buy. He knows what to order ... He's just so specific, so good, and he doesn't get involved with politics. He'll come in, he'll do his job, loved by everybody, and goes home." Mr Mammoliti said he hadn't yet decided where to travel in Italy, although he still had cousins in Calabria. They hadn't heard yet about his impending trip. "It's a bit early still," he said. But as Mr Xyrakis reminded him, it's never too late to go home. Share Facebook Twitter Whatsapp Email Copy Sally Pryor Features Editor As features editor at The Canberra Times, I love telling people things they didn't know - or even things they've always known - about the city we live in. As features editor at The Canberra Times, I love telling people things they didn't know - or even things they've always known - about the city we live in. More from Business After 50 years, nervous Dominic is finally heading home after heart-warming gift 44m ago Power workers' strike to hit Queanbeyan, Yass and Goulburn Getting TAFE right would be a boon for the country Small businesses need the right kind of incentives to succeed Move over Colesworth. There are some bigger rip-off artists in town The truth about our rising power bills