Canada Funds AI Startups, Takes Equity Stakes
The Canadian government plans to establish a $360 million tech growth fund. This initiative aims to drive the sovereign AI industry within the country. The fund is intended to support the development and expansion of artificial intelligence technologies.
Topics
Developing
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Sources · 7 independent
Mastodon
“Canadian Government Plans $360 Million Tech Growth Fund in Effort to Drive Sovereign AI Industry”
Mastodon
“Canada to Provide Funding, Buy Equity Stakes in AI Startups(Bloomberg) — Canada will provide funding to help artificial intelligence companies scale up, and plans to take equity…”
Mastodon
“Canada has done this before. It's time to do it again - The Hill Times”
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