My fellow Canadians, artificial intelligence (AI) is the next great technological transformation, and the time to go all in is now. That is why I am announcing the Government of Canada’s commitment to making an equity investment of up to $1.6 billion in Cohere, so that when the AI investment bubble pops, probably later this year and likely wiping out trillions of dollars of wealth across the planet, Canadians will also lose incalculable sums of money.