Alberta commits $100 million to AI companies

On Wednesday, the Alberta government announced a $100 million investment, over a period of five years, to attract more artificial intelligence-based high-tech companies to Alberta. The five-year plan will support both Alberta Innovates and the Alberta Machine Intelligence Institute (Amii) to leverage partnerships with Alberta's research universities, while also creating jobs. In addition, Alberta will undertake a significant campaign to market Alberta's tech talent to the world in order to attract new investment. Since 2002, Alberta has invested $42 million in AI research at the University of Alberta and Amii. "Businesses around the world are turning to machine learning and artificial intelligence as key drivers of innovation across every industry sector."