Zürcher Nachrichten - Canada's Cohere embraces 'low drama' amid AI giant tumult

EUR -
AED 4.183702
AFN 72.898305
ALL 91.759381
AMD 414.060448
ANG 2.039279
AOA 1045.629463
ARS 1736.757043
AUD 1.621037
AWG 2.051107
AZN 1.940872
BAM 1.952824
BBD 2.292198
BDT 140.04215
BGN 1.917489
BHD 0.429014
BIF 3427.812462
BMD 1.139029
BND 1.454042
BOB 13.9473
BRL 5.920908
BSD 1.138011
BTN 108.981251
BWP 15.496252
BYN 3.438497
BYR 22324.977409
BZD 2.288903
CAD 1.612114
CDF 2631.158464
CHF 0.944374
CLF 0.027756
CLP 1095.978602
CNY 7.644426
CNH 7.659074
COP 3778.707452
CRC 517.432031
CUC 1.139029
CUP 27.312384
CVE 110.101588
CZK 24.362759
DJF 202.428764
DKK 7.475821
DOP 67.67955
DZD 152.381212
EGP 58.972913
ERN 17.085442
ETB 184.621985
FJD 2.559684
FKP 0.861964
GBP 0.860121
GEL 2.978608
GGP 0.861964
GHS 13.218381
GIP 0.861964
GMD 83.723052
GNF 10009.144491
GTQ 8.691101
GYD 238.116589
HKD 8.934826
HNL 30.545664
HRK 7.53252
HTG 148.938946
HUF 365.054431
IDR 20459.247154
ILS 3.471831
IMP 0.861964
INR 109.128875
IQD 1490.887235
IRR 1565681.419908
ISK 137.002903
JEP 0.861964
JMD 180.045664
JOD 0.807617
JPY 179.169908
KES 147.538924
KGS 99.606081
KHR 4628.130957
KMF 493.200155
KPW 1025.126876
KRW 1545.325584
KWD 0.351562
KYD 0.948347
KZT 504.104277
LAK 25527.11282
LBP 101913.340862
LKR 375.750767
LRD 195.74947
LSL 18.567842
LTL 3.363258
LVL 0.688988
LYD 7.275914
MAD 10.921091
MDL 20.200044
MGA 5024.542606
MKD 61.481732
MMK 2391.390859
MNT 4099.17619
MOP 9.19431
MRU 45.782643
MUR 54.138501
MVR 17.598436
MWK 1973.371135
MXN 20.182304
MYR 4.640638
MZN 72.795802
NAD 18.567842
NGN 1510.159858
NIO 41.877845
NOK 10.828212
NPR 174.370201
NZD 2.011372
OMR 0.437947
PAB 1.138011
PEN 3.863466
PGK 5.070474
PHP 71.013366
PKR 315.346974
PLN 4.372511
PYG 6708.043963
QAR 4.148343
RON 5.273141
RSD 117.531937
RUB 95.850179
RWF 1681.922487
SAR 4.271141
SBD 9.112819
SCR 15.891458
SDG 685.130407
SEK 11.295727
SGD 1.455241
SHP 0.859969
SLE 28.077499
SLL 23884.869006
SOS 650.434629
SRD 42.904397
STD 23575.610124
STN 24.463691
SVC 9.95822
SYP 14809.661324
SZL 18.563448
THB 38.023125
TJS 10.498618
TMT 3.997993
TND 3.368967
TOP 2.742509
TRY 55.770873
TTD 7.740512
TWD 36.150749
TZS 3012.730686
UAH 50.961264
UGX 4457.384378
USD 1.139029
UYU 45.590933
UZS 13468.596133
VES 970.944534
VND 29587.429244
VUV 134.982293
WST 3.149966
XAF 655.957
XAG 0.017719
XAU 0.000265905031
XCD 3.078285
XCG 2.050822
XDR 0.805353
XOF 655.957
XPF 119.331742
YER 269.551735
ZAR 18.590875
ZMK 10252.636055
ZMW 22.200051
ZWL 366.767021
SSP 6506.810465
MXV 2.287096
  • RBGPF

    -1.0100

    65.99

    -1.53%

  • RYCEF

    -0.3000

    19.6

    -1.53%

  • CMSC

    -0.1100

    20.4

    -0.54%

  • NGG

    0.2600

    75.49

    +0.34%

  • GSK

    -0.4100

    49.24

    -0.83%

  • CMSD

    -0.0700

    20.3

    -0.34%

  • RIO

    0.0900

    94.56

    +0.1%

  • BTI

    -0.3900

    55.63

    -0.7%

  • BCE

    -0.3300

    20.97

    -1.57%

  • RELX

    0.0100

    33.52

    +0.03%

  • BCC

    1.0400

    77.14

    +1.35%

  • BP

    -0.2600

    44.15

    -0.59%

  • VOD

    0.1300

    16.62

    +0.78%

  • JRI

    -0.1500

    11.02

    -1.36%

  • AZN

    2.0200

    166.58

    +1.21%

Canada's Cohere embraces 'low drama' amid AI giant tumult
Canada's Cohere embraces 'low drama' amid AI giant tumult / Photo: ALAIN JOCARD - AFP

Canada's Cohere embraces 'low drama' amid AI giant tumult

In an industry that runs on hype and grand gestures, Canadian AI firm Cohere is charting a different course from Silicon Valley. No talk of superintelligent machines, no public feuding, just one question: can it make money?

Text size:

"Cohere is a very low drama company," chief AI officer Joelle Pineau told AFP in a recent interview, noting that she counts many friends at OpenAI and Anthropic -- and that Cohere is quite different.

The company was co-founded in Toronto in 2019 by Aidan Gomez, an AI researcher who co-authored a seminal paper that laid the foundations for modern AI systems, underscoring the central role of the Canadian AI research ecosystem in the field's development.

Pineau, who joined Cohere last year after nearly eight years leading Meta's Fundamental AI Research lab, said the company's understated approach extends to one of the hottest buzzwords in the industry: artificial general intelligence, or AGI, the hypothetical point at which AI surpasses human intelligence.

"We don't spend a lot of time talking about AGI," Pineau said, dismissing the theorizing as a distraction.

Instead, she said, the company rallies around a decidedly less glamorous slogan -- "ROI over AGI" -- a reference to the return on investment that has yet to materialize across much of the cash-burning AI industry.

Pineau said the company's focus on business clients shapes how the firm thinks about AI risk, cutting through what she described as fear-mongering around hypothetical scenarios.

"We've had a number of people who've gone around and essentially made people scared of AI as opposed to really understanding the real risks," she said, arguing that time spent catastrophizing could be better spent addressing tangible safety challenges.

Those real risks, she said, include workforce disruption, data privacy and infrastructure security -- concerns that Cohere's enterprise customers in financial services, healthcare and government are actively grappling with.

"People are worried whether that's going to impact their jobs, their ability to have a livelihood," Pineau said. "These are completely legitimate questions."

On the competitive threat from Chinese AI models, she pushed back against alarmist framing while acknowledging security considerations. The risk of malicious code injection through AI-generated software, she noted, is not unique to any one country.

"It's not only the Chinese who can do this -- any developer who decides that they want to do this" has mechanisms to do so, she said, adding that robust safety practices were good hygiene regardless of a model's origin.

- 'Spicy takes' -

Pineau said Cohere was well-positioned to capitalize on demand from European and Asian markets wary of dependence on US technology platforms.

The company last month announced a deal to acquire German AI firm Aleph Alpha, creating a combined entity valued at around $20 billion with dual headquarters in Toronto and Berlin.

The deal, backed by both the Canadian and German governments, is designed to position Cohere as a sovereign alternative for businesses to American AI giants in the European market, as well as in Asia.

"Given the geopolitical context, some of them are afraid of just getting locked out of US tech solutions," she said. "We are more than happy to offer an alternative."

While Cohere will continue to call Toronto its global home, Pineau said the company's ambitions stretch well beyond its borders. With offices in San Francisco, New York, London and Paris -- and now a deepening presence in Germany -- the goal is unambiguously international.

Still, she suggested the founders' origins might leave a lasting imprint on the firm's character.

"There may be some particular Canadian folklore that comes with it -- some of the values of the co-founders that are going to permeate," she said.

Asked whether leaning into splashier narratives -- like rivals' warnings of AI doom -- might attract more investor attention and generate more publicity, Pineau suggested wryly that "maybe we'd get a lot more air time" by playing along.

"Maybe we'll try some spicy takes once in a while," she added.

T.L.Marti--NZN