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…
(Bloomberg) 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. Most Read from BloombergTrumpism Is Emptying ChurchesRBC Fires CFO Ahn After Probe Into Personal RelationshipThe Odds of $100 Oil Are Rising as Supply Shocks Convulse the MarketSaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomNetanyahu Pulls Some Troops
Canada has yet to adopt a law to regulate AI. The Artificial Intelligence and Data Act was introduced in 2022, but it’s still under consideration by members of parliament.
Trudeau unveils $2 4 billion package for Canada s AI sector bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Fund centrepiece is US$1.47 billion for ‘computing capabilities and technological infrastructure’ that can accelerate work of AI researchers and start-ups.