[10/29 18:00 UTC] Cohere opens a record round of up to 7 billion Canadian dollars, with Ottaw…

AI News Flash for October 29, 2026 at 18:00 UTC. Topics: 1. Cohere opens a record round of up to 7 billion Canadian dollars, with Ottawa taking a 1.6 billion stake https://www.prnewswire.com/news-releases/cohere-announces-series-e-fundraise-targeting-cad-7-billion-to-meet-surging-global-demand-for-secure-sovereign-ai-302923951.html https://betakit.com/canada-to-invest-up-to-1-6-billion-in-ai-firm-cohere/ 2. OpenAI rewrites its Model Spec around five core values https://openai.com/index/updated-model-spec/ 3. Finnish police open criminal probe at Google's planned data center site https://wmbdradio.com/2026/10/29/finland-launches-criminal-probe-of-suspected-environmental-damage-at-google-data-centre-site/ https://www.theguardian.com/world/2026/oct/29/finland-criminal-investigation-google-clearing-forest-datacentre 4. Aon CEO warns AI data center insurance risk could threaten financing https://www.cnbc.com/2026/10/29/aon-ai-data-center-insurance-financing.html 5. Doximity study finds popular AI models make dangerous medication dosing errors https://www.healthcaredive.com/news/popular-ai-models-get-medication-doses-wrong-some-dangerously-doximity/873207/