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Canada Invests $2.4 Billion in AI
April 16, 2024, 7:05 p.m. | /u/gronkulus
Artificial Intelligence www.reddit.com
*Canada allocates $1.7 billion for AI advancement, aligning industrial policy with AI strategy for growth.*
The Canadian government has recently unveiled a substantial funding package of $1.7 billion USD ($2.4 billion CAD) aimed at reinforcing Canada's foothold in the AI industry. This investment is poised to bolster crucial AI infrastructure, including computing power and institutions like the Canadian AI Safety Institute.
advancement ai advancement ai industry ai infrastructure ai strategy artificial billion cad canada computing computing power funding government growth industrial industry infrastructure investment package policy power safety strategy usd
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