Trudeau Unveils $1.8 Billion Package for Canada’s AI Sector
- The centerpiece is money for ‘technological infrastructure’
- Canada has yet to pass law regulating artificial intelligence
Canada is launching a fund to boost its artificial intelligence sector and creating a new AI safety institute as Prime Minister Justin Trudeau continues to roll out spending announcements in advance of a new budget.
The government unveiled a C$2.4 billion ($1.8 billion) package of measures related to artificial intelligence on Sunday. The centerpiece is C$2 billion for “computing capabilities and technological infrastructure” that can accelerate the work of AI researchers, startups and other firms, according to a statement.