Canada to invest $15 million investment in top AI entrepreneurs through NextAI

Apr 02, 2018

Toronto - Ontario's 2018 budget includes an investment of $15 million over three years in NextAI, a NEXT Canada program that brings together AI entrepreneurs.

The 2018 Ontario budget was delivered at Queen's Park at the end of March. The measures include the hypothecation of a $15 million grant to be delivered over three years in a scheme called NextAI. This is a NEXT Canada program designed to bring together artificial intelligence entrepreneurs.

The idea is to assist the artificial intelligence innovators and help them to build their firms. The scheme also sets out to aid other organizations to integrate artificial intelligence-driven technologies into their operations.

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