The government of Alberta has announced increased funding for the Alberta Machine Intelligence Institute (Amii) to solidify the province’s position as a leader in artificial intelligence (AI) and attract investments in the province’s tech sector. Officials say AI can offer smart solutions across sectors of Alberta’s economy, including agriculture, logistics, health care, and supply chain management, creating good-paying jobs and a $16 trillion market opportunity by 2030. Alberta has a long history of AI and machine learning development and research, with the University of Alberta ranking third in the world for AI research and machine learning. Amii is one of three national AI institutes in Canada, and the government’s establishment of GovLab.AI in partnership with AltaML aims to deliver better, faster, smarter services to Albertans. The Canadian Institute for Advanced Research recently provided $30 million to the University of Alberta and Amii to support AI research as part of the Pan-Canadian AI Strategy.
Alberta Government Invests in Artificial Intelligence to Boost the Province’s Global Position
The government of Alberta has announced additional funding for the Alberta Machine Intelligence Institute (Amii), a move aimed at consolidating the province’s position as a leader in the development and commercialization of artificial intelligence (AI). According to the Minister of Technology and Innovation, Nate Glubish, this funding will create jobs and attract investments in the province’s growing tech sector.
Officials say AI technology can provide smart solutions applicable to various sectors of Alberta’s economy, such as agriculture, logistics, healthcare, life sciences, supply chain management, data analysis, and education. With this investment, the Alberta government believes it will solidify its place as a leader in AI development and establish itself as an international technology and investment hub.
The CEO of Amii, Cam Linke, hailed the funding as a “huge vote of confidence” in the institute’s work to expand Alberta’s AI capacity and build on its global AI leadership. Laura Kilcrease, CEO of Alberta Innovates, added that the funding builds on the long-standing support and partnership between the University of Alberta and Amii in creating tools that enable Alberta businesses to compete and capitalize on the $16 trillion market opportunity.
This funding comes as part of the Alberta Technology and Innovation Strategy, which seeks to cement Alberta’s status as a dominant player in the global tech industry. The government has established the Alberta Machine Intelligence Institute in partnership with AltaML, and the University of Alberta has ranked third in the world for AI research and machine learning for the past 25 years.
The Canadian Institute for Advanced Research recently provided $30 million to the University of Alberta and Amii to support AI research as part of the Pan-Canadian AI Strategy. Experts predict that AI will add $15.7 trillion to the global economy by 2030.
Alberta’s government has a rich history of AI and machine learning development and research, with the University of Alberta being the first university in Canada to create a standalone computing sciences department, from which Amii is a spinoff. The government’s establishment of GovLab.AI, in partnership with AltaML, aims to solve real-world problems and deliver better, faster, smarter services to Albertans.
Quick Facts:
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Alberta has a long-standing history of AI and machine learning development and research.
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Amii is one of three national AI institutes in Canada.
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The University of Alberta has ranked third in the world for AI research and machine learning for the past 25 years.
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The Canadian Institute for Advanced Research recently provided $30 million to the University of Alberta and Amii to support AI research as part of the Pan-Canadian AI Strategy.
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AI is expected to add $15.7 trillion to the global economy by 2030.
AI Applications Can Revolutionize Various Sectors of the Economy
Artificial intelligence (AI) can provide smart solutions that can be applied to key sectors of the economy, such as health care, logistics and supply chain management, energy, education, agriculture, and infrastructure management. The technology can open the doors to the art of the possible and create a $16 trillion market opportunity by 2030.
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