In an ambitious move to reinforce the country’s position in the rapidly-growing AI sector, Canada’s federal government has earmarked $2.4 billion toward enhancing artificial intelligence capabilities. This strategic infusion of capital aims to spearhead job creation and heighten productivity across key industries, ensuring Canada remains at the forefront of technological innovation. Summary: The Canadian federal government plans to invest $2.4 billion in its artificial intelligence sector to spur job growth and increase productivity. The majority of the investment will improve technological infrastructure, with additional funds designated for AI start-ups, small and medium-sized business
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