Biopharma giant Sanofi to grow Toronto presence with expanded AI centre

Sanofi announced on Monday that it is investing $294 million to expand its AI Centre of Excellence in Toronto. The French biopharmaceutical giant’s commitment towards the hub, which currently employs more than 150 people, is expected to create 50 additional jobs across AI, machine learning, and pharmaceutical data science by 2028. Through Invest Ontario, the Government of Ontario is providing a conditional grant of up to $5 million towards the initiative.