Cisco invests $15 million to expand its digital technology operations and enhance workforce education in Western Canada.
Topic: artificial intelligence
Alberta commits $100M to grow province’s AI sector
The Alberta government is committing $100 million over five years to attract more AI companies to invest in the province.
SCALE.AI names former Yellow Pages Canada head Julien Billot as CEO
The Montreal-based artificial intelligence supercluster SCALE.AI has appointed Julien Billot as its CEO.
Quebec AI institute Mila opens giant new facility in Montreal
The Quebec Institute of Artificial Intelligence (Mila) officially opened its new premises in a converted textile factory in Montreal, alongside other key players in the local AI ecosystem.
Canada’s automotive R&D ‘surging,’ despite GM’s Oshawa plant closing
Automotive R&D and innovation is growing in the Toronto-Waterloo technology corridor, despite General Motors Oshawa assembly plant closing.
Ottawa invests $2.5 million in AI supercomputing hub at University of Alberta
The University of Alberta will create an AI supercomputing hub, with a $2.5-million investment from Western Economic Diversification.
MoneyTree-PwC report: VC-backed deals up in Q2 as interest in AI soars
The venture capital community in Canada was upbeat in the second quarter of the year, investing in 116 deals from 112 in the first quarter. But the value of investments dropped by 7% to only US$900 million compared to the first quarter. Still, the latest MoneyTree report by PwC Canada and CB Insights noted a…
National Cyber Security Strategy launched
The federal government has released a new National Cyber Security Strategy based in part on a Cyber Review with public consultations conducted in 2016 and first announced in Budget 2018.
G7 leaders commit to STI concerns
G7 Leaders have committed to act on key issues brought to their attention by the science, technology and innovation (STI) community, particularly around artificial intelligence (AI) and climate change. However, the US stayed away from any further climate change commitments, while Canada’s STI stakeholders are asking for action beyond signatures on a piece of paper.
Bank of Canada teams up with CDL on new tech for financial services
The Bank of Canada will team up with the Creative Destruction Lab (CDL) to learn more about emerging technologies and their applications in financial services. In line with its 2019–2021 Medium-Term Plan, the Bank forged the partnership to keep abreast of developments in artificial intelligence, machine learning, crypto currencies and quantum computing. The partnership with…