Feds make good on AI Strategy pledge with $500-million top-up for regional AI initiative

Canada’s Regional Artificial Intelligence Initiative (RAII) received a $500-million top up on Tuesday, as the federal government delivered on a pledge it made as part of the National AI Strategy to fund the program. The news: AI Minister Evan Solomon announced the cash injection in Ottawa, saying the $500 million in new funding will be rolled out over five years to “expand and enhance” the RAII program. The program is designed to support AI adoption and commercialization for Canadian businesses