
❝ Canadian researchers have been behind some recent major breakthroughs in artificial intelligence. Now, the country is betting on becoming a big player in one of the hottest fields in technology, with help from the likes of Google and RBC…
❝ Money from big tech is coming north, along with investments by domestic corporations like banking multinational RBC and auto parts giant Magna, and millions of dollars in government funding.
Toronto will soon get the Vector Institute for Artificial Intelligence, geared to fuelling “Canada’s amazing AI momentum”…
The founders also want it to serve as a magnet and retention tool for top talent aggressively head-hunted by US firms…
Google invested C$4.5 million last November in the University of Montreal’s Montreal Institute for Learning Algorithms.
Microsoft is funding a Montreal startup, Element AI. The Seattle-based company also announced it would acquire Montreal-based Maluuba and help fund AI research at the University of Montreal and McGill University.
Thomson Reuters and General Motors both recently moved AI labs to Toronto.
Earlier this month, the federal government announced C$125m for a “pan-Canadian AI strategy”…
❝ Those trying to build Canada’s AI scene admit places like Silicon Valley will always be attractive to tech talent. But they hope strategic investments like these will allow Canada to fuel the growth of domestic startups.
Canadian tech also sees the travel uncertainty created by the Trump administration in the US as making Canada more attractive to foreign talent.
Yeah, a global economy is a real shame. For folks who often can’t figure out how to find a better job in a city in the American Midwest 25 miles away from the neighborhood they grew up in. For the rest of us — no big deal.
What’s so difficult about considering moving North for a good job, a bright future? Yes, the cold is a hangup for some. Counter that with diverse demographics, tolerant social policies, a national health service that works for all – and some damned good schools.