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Brief
On December 5, 2024, the Innovation, Science and Industry Canada issued an update regarding "Canada to drive billions in investments to build domestic AI compute capacity at home". The Canadian Sovereign AI Compute Strategy was launched with up to $2 billion investment to meet three key objectives: growing Canadian AI champions, building public computing infrastructure, and providing affordable access to compute power for SMEs. This strategy aims to ensure Canadian businesses have the necessary compute capacity to develop made-in-Canada AI products and drive frontier research.
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