John Ivison/National Post: Concerns in the broader tech community extend from Cohere’s performance, to the tightly knit (perhaps too tightly knit) Canadian tech C suites. For example, Patrick Pichette, the head of the new federal organization Digital Transformation Canada, is a partner in Inovia Capital, an early investor in Cohere, and he sits on the AI company’s board.
Dominic Barton, the chair of the Invest in Canada federal agency, is also a partner in Radical Ventures, an investor in Cohere.
Neither may have been involved in the financing round, but the optics are not good and potentially both could benefit from Cohere’s enhanced valuation…