The University of Alberta has received $3M from the Government of Canada’s Regional Artificial Intelligence Initiative in support of its Canadian AI Compute Vault (CAICV) initiative. The CAICV initiative delivers secure, high performance compute infrastructure and expertise to businesses and other members of the innovation ecosystem to help them commercialize AI technologies. Organizations will be able to draw on the CAICV’s advanced cloud environments as they develop and deploy AI solutions for sectors that include deep tech, defence, and security. “By helping move innovation from discovery to commercialization, we are creating high-quality jobs, supporting business growth and strengthening Canada’s capacity to lead in the digital economy,” said Canada’s Minister of Artificial Intelligence and Digital Innovation Evan Solomon.
