Alberta's high-tech sector to get $100M boost over 5 years CBC News

The provincial government is putting $100 million toward a five-year plan to entice high-tech companies specializing in artificial intelligence (AI) to invest in Alberta. The province believes the funding will net 5,600 high-skill jobs, more than 100 new companies and dozens of new multi-national offices and labs in the province, Premier Rachel Notley said Wednesday at an announcement in Calgary. "High tech is the future and we making it happen right here in Alberta," she said. An initial investment of $27 million in the Alberta Machine Intelligence Institute (Amii) will see the non-profit set up a new program to support companies looking to build up their in-house AI capacity. The provincial funding, combined with $25 million from Ottawa, will also allow the Edmonton-based Amii to establish a new Calgary office, a release said.