Scotiabank backs AI firm to boost Canadian credentials - IBS Intelligence

Canada-based Scotiabank has announced a three-year sponsorship of AI firm NextAI, providing more than $1 million in funding to help build entrepreneurship in in the industry. The bank will also provide speakers, host events and support participants. NextAI, launched in 2016, aims to bring international talent to Canada to work on emerging AI solutions by providing access to capital, networks, education and mentors. "NextAI is proud to work with a digital leader like Scotiabank to advance AI technology and young entrepreneurs in Canada," says Anthony Lacavera, Co-Chair of Next Canada. "We have incredible talent and capabilities in this country, and Scotiabank is a key driver in maintaining our place as a world leader in machine learning."