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Trudeau announces $2.4 billion for AI-related investments

Canadian Prime Minister Justin Trudeau near some Canadian flags.
Photo: Dave Chan/Getty Images

Canada’s government will be investing $2.4 billion to accelerate Canada’s AI sector, Prime Minister Trudeau announced.

Prime Minister Justin Trudeau has announced as part of Ottawa’s 2024 budget that his government is setting aside $2.4 billion to build capacity in artificial intelligence (AI).

The bulk of that total ($2 billion) is going into a fund that will aim to provide access to computing capabilities and technical infrastructure.

“We