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Trudeau Unveils $1.8 Billion Plan to Boost AI Sector in Canada - BNN Bloomberg


Canada is launching a fund to boost its artificial intelligence sector as Prime Minister Justin Trudeau continues to roll out spending announcements in advance of a new budget.

(Bloomberg) -- Canada is launching a fund to boost its artificial intelligence sector as Prime Minister Justin Trudeau continues to roll out spending announcements in advance of a new budget. Last year, he joined Elon Musk and Apple Co-Founder Steve Wozniak in signing a letter calling on developers to hit the pause button on training powerful AI models. Industry Minister Francois-Philippe Champagne told Bloomberg News in March that it will soon be mandatory for the government to be given advance notice when non-Canadian firms plan to invest in key technology sectors such as AI and quantum computing.

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