[Technology] Canada Tries to Turn Its A.I. Ideas Into Dollars

10CANADAAI1-superJumbo.jpg
The Mars Discovery District in Toronto is one of the world’s largest innovation hubs. After years of losing its artificial intelligence scientists and start-ups to Silicon Valley, Canada is focusing on keeping its A.I. leaders in the country. Credit Aaron Vincent Elkaim for The New York Times




Technology

Canada Tries to Turn Its A.I. Ideas Into Dollars

By STEVE LOHRAPRIL 9, 2017

https://www.nytimes.com/2017/04/09/technology/canada-artificial-intelligence.html



In its new budget, the government of Prime Minister Justin Trudeau pledged $93 million ($125 million Canadian) to support A.I. research centers in Toronto, Montreal and Edmonton, which will be public-private collaborations.

Advertisement
Continue reading the main story

The Vector Institute for Artificial Intelligence in Toronto, announced two weeks ago, will be one of them. The institute begins with commitments of $130 million, about half the money coming from the national and provincial governments and the other half from corporate sponsors like Google, Accenture and Nvidia, as well as big Canadian companies like the Royal Bank of Canada, Scotiabank and Air Canada.
 
Back
Top