Trudeau Unveils $1.8 Billion Plan to Boost AI Sector in Canada

The Canadian government, led by Prime Minister Justin Trudeau, is launching a C$2.4 billion ($1.8 billion) fund to enhance the country's artificial intelligence sector. The move is part of a series of spending announcements made ahead of a new budget.

The main focus of the package is a C$2 billion allocation for the development of "computing capabilities and technological infrastructure". This is expected to expedite the work of AI researchers, startups, and other firms, as per the government's statement.

Key takeaways

Canada is launching a fund to boost its artificial intelligence sector.
Prime Minister Justin Trudeau is rolling out spending announcements ahead of a new budget.
The government unveiled a C$2.4 billion ($1.8 billion) package of measures related to artificial intelligence.
The centerpiece of the package is C$2 billion for computing capabilities and technological infrastructure to accelerate the work of AI researchers, startups and other firms.

Trudeau Unveils $1.8 Billion Plan to Boost AI Sector in Canada

Key takeaways

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