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Government of Canada introduces AI Compute Access Fund to support Canadian innovators

News Artificial Intelligence General Updates
Date: 7th Mar, 2025 Source: Innovation, Science and Economic Development Canada Country: Canada Original Source

Brief

On March 7, 2025, the Innovation, Science and Economic Development Canada issued an update regarding "Government of Canada introduces AI Compute Access Fund to support Canadian innovators". The Minister of Innovation, Science and Industry launched the AI Compute Access Fund, providing up to $300 million for SMEs to develop made-in-Canada AI products and solutions. This initiative aims to secure Canada's AI leadership by ensuring access to cutting-edge computing infrastructure.

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Innovation, Science and Economic Development Canada

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