The Toronto-based firm and South Korean defence contractor said they will jointly develop AI models to “enhance submarine operations and shipyard efficiency.” If successful, Cohere could become a supplier to Hanwha, said Hanwha Canada CEO Glenn Copeland.  (The Logic)

Talking point: Hanwha Ocean is competing with Germany’s TKMS to sell the Canadian navy as many as 12 patrol submarines worth a reported $60 billion. Foreign firms that win large Canadian defence contracts typically have domestic spending obligations; Hanwha plans to use its work with Cohere to help meet them if it wins the submarine deal, Copeland said. Cohere has now joined both submarine bids, after signing a deal with TKMS earlier this month to work on AI models for naval vessels. Any work Cohere does with Hanwha would be exclusive, Copeland said. To boost its case to Ottawa, the South Korean firm on Tuesday also announced tie-ups with Algoma Steel, MDA Space, Telesat and PV Labs.