Up, Up, and Away! 1 Soaring Canadian Tech Stock at New Highs That I’d Buy Now

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Written by Joey Frenette at The Motley Fool Canada

With technology stocks leading the way as we inch closer to the start of the second half, Canadian investors may wonder if it’s a good time to venture south of a border for exposure to some Silicon Valley darlings. Undoubtedly, artificial intelligence (AI) has been the name of the game of late. But it’s not just the U.S. companies that stand to benefit from the profound technology. Here in Canada, there are also intriguing AI innovators that shouldn’t be ignored.

Of course, there’s Cohere, the AI startup behind the Coral large language model (LLM). I’d argue Coral packs a pretty hard punch, even compared to the likes of an OpenAI ChatGPT. With GPT-5 likely on the way, however, every firm in the AI (or should I say LLM) race needs to stay sprinting at full speed.

For now, Cohere is a private firm we can’t invest in through the TSX Index. Either…

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