AlayaCare, League, FluidAI Medical, MDA Space and Vooban are among the recipients.
AI scales identified nearly C$129 million in new funding worldwide. 44 new Canadian applied artificial intelligence (AI) projects, which it says are its largest group of commitments to date.
The government-backed Canadian AI cluster is investing about $46 million, with private partners co-investing the remaining $83 million.
“This is a signal that Canada is committed to … creating Canadian world champions.”
Michael Serbinis, League
Scale AI's goal is to support the growth of the country's AI industry and encourage the adoption of Made-in-Canada AI across the country. The funding news was announced this morning at HealthTech Unicorn's headquarters in Toronto. Leaguewho is one of the leaders of the AI-powered project Scale. project which aims to use artificial intelligence agents to help Canadians have easier access to health benefits.
Participating partners include businesses and government organizations from a wide range of sectors, from healthcare to agriculture, mining, transport and media. “It’s really important to see so many industries starting to embrace AI,” Scale AI CEO Julien Billot said on stage.
Scale AI is funding initiatives in five different provinces, including British Columbia, Alberta, Manitoba, Ontario and Quebec. Supported projects include artificial intelligence initiatives to help healthcare providers coordinate care for cancer patients after radiation therapy, help electric utilities respond to power outages, and speed up inspections of oil and gas pipelines.
In addition to League, project partners include AlayaCare, Alectra Utilities, Bombardier, Cirque du Soleil, FluidAI Medical, Gildan, The Globe and Mail, Greenshield Canada, MDA Space, Unilever Canada, University of Calgary and Vooban, among others.
“To me, this is a signal that Canada is committed to next-generation technology and committed to the idea — which I believe very strongly — of creating Canadian world champions,” League founder and CEO Michael Serbinis said on stage.
Serbinis, who participated in the Canadian Artificial Intelligence Task Forcestated that everyone agrees that Canada has what it takes to win in AI, but “we must increase the number of our AI champions by 10 times.” This, he added, will require “bold commitments” from government, industry and academia. “Today’s funding is another important step forward,” Serbinis said.
Image courtesy of Scale AI. Photo by Melanie Olmstead.
