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How Toronto Is Competing to Become a Global AI Destination

Aug 13, 2023 - bloomberg.com
Toronto is emerging as a potential hub for artificial intelligence (AI), thanks to Canada's long-term investment in AI development and technology. The city's rise in the AI sector is partly attributed to Geoffrey Hinton, a pioneering AI researcher who has been instrumental in building Toronto's AI capacity for 35 years. Hinton, who recently left Google Brain to freely discuss the risks of AI, conducts his work far from Silicon Valley, the tech sector's traditional epicenter.

The city's academic strength, particularly the University of Toronto where Hinton and other academics have been studying AI for decades, is also a significant factor in its growing prominence in the AI field. As commercial opportunities in AI rapidly expand, Toronto is capitalizing on its established AI expertise and infrastructure to compete with Silicon Valley as a global AI startup hub.

Key takeaways:

  • Toronto is emerging as a potential hub for artificial intelligence (AI), capitalizing on Canada's long-term investment in AI development and technology.
  • Geoffrey Hinton, a prominent AI researcher who recently left Google Brain, has been instrumental in building up AI capacity in Toronto for 35 years.
  • Hinton's work is based far from the tech sector's geographic epicenter in Silicon Valley, highlighting the potential for AI development outside traditional tech hubs.
  • The commercial opportunities for AI are rapidly expanding in Toronto, indicating a potential shift in the global AI landscape.
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