SCALE AI invests $117M into AI projects involving Concordia, Dal, Laval, YorkU


SCALE AI has announced a “record-breaking” financing round with $117M invested into 15 AI projects. The projects involve Canadian postsecondary institutions such as Concordia University, Dalhousie University, Université Laval, and York University, which will be working in collaboration with industry. Federal Innovation Minister François-Philippe Champagne stated that SCALE AI is “creating highly skilled jobs, a more resilient supply chain, and enabling companies to be more efficient and competitive” by supporting the Canadian AI sector.

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