Innovation minister says conference will help Canada explore business opportunities related to AI
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In recent years, Canada has positioned itself as a world leader in artificial intelligence technology, with Google, Facebook, Uber, Microsoft and Samsung all doing significant work on machine learning in the country. In particular, Toronto, Montreal and Edmonton have become hubs for AI research and development.
The federal government is putting significant funding towards this initiative, including $125 million as part of the Pan-Canadian Artificial Intelligence Strategy. Moreover, the $950 million innovation supercluster program includes several regional projects that have an artificial intelligence component, including the Montreal-based Scale. AI supercluster, which is focused on artificial-intelligence-enabled supply chains.
Earlier in the day, Bains was speaking at the Fortune Global Forum in Toronto, and he was asked about increasing competition in the global artificial intelligence game, with both the United States and China trying to position themselves as world-leaders in this area, based on the pioneering research of academics like Geoffrey Hinton in Toronto, and Yoshua Bengio in Montreal
“From our perspective as a government, we realize this is the area where we can continue to succeed,” Bains said.
“We’re betting on our No. 1 resource, which is our talent.”