SCALE AI, Canada’s AI Global Innovation Cluster, is announcing a major financing round with US$96 million in total investments to support 22 AI projects in key sectors such as life sciences, retail, manufacturing, transportation and logistics and agriculture. Each initiative announced aims to enhance efficiency, safety and operational excellence thanks to AI-powered services and solutions, further advancing applied AI expertise in the country, to the benefit of the entire Canadian economy.
In a concerted effort to elevate national productivity and tackle Canada’s most pressing societal and economic challenges, AI emerges as a powerful tool to enhance resource management. The projects selected by the SCALE AI team have been chosen for their potential to deliver concrete economic and human benefits and intellectual property advancements for the players involved and for the Canadian AI ecosystem. From improving supply chain logistics to advancing healthcare outcomes, the technological advances resulting from these projects are set to redefine industry standards.