Ottawa injects 40 million in artificial intelligence projects

(Montreal) Ottawa will inject 40 million to support fifteen artificial intelligence projects in a variety of sectors, such as the food, aeronautics and construction sectors.

Posted at 12:24 p.m.

The investments will be made through the artificial intelligence cluster Scale-AI.

Taking public and private funds into account, this represents a total investment of $117 million to support nine new projects and to improve the funding of six other projects.

Federal Minister of Innovation, Science and Industry, François-Philippe Champagne, presented investment in artificial intelligence as necessary to ensure the sustainability of Canadian companies, during a press conference in Montreal , Monday. “If you don’t adapt new technologies, you won’t be successful in the future. »

To those who worry regarding artificial intelligence replacing jobs, Mr. Champagne responds that the technology “creates jobs” by ensuring companies’ business models outlast the competition.