Canada commits another $500M to help businesses adopt AI

Evan Solomon, the Canadian Minister of Artificial Intelligence and Digital Innovation, announced on Tuesday that an additional $500 million over five years, on top of the previous $200 million, is now available through the Regional Artificial Intelligence Initiative, per the federal government . The money brings the total federal funding for the program to $700 million. It is delivered through Canada’s regional development agencies, which connect companies in each part of the country to the program rather than routing applications through Ottawa.

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