The federal government’s artificial intelligence strategy has been highly anticipated by tech companies, researchers and civil society groups.Sean Kilpatrick/The Canadian Press
Ottawa will launch a new investment fund to support artificial intelligence startups and add hundreds of millions of dollars to an existing program as part of its coming AI strategy, according to a source familiar with the matter.
The new Canadian Tech Growth Fund will take equity stakes in companies to support their growth, the source said.
The Globe and Mail is not identifying the source because they are not authorized to speak publicly on the strategy, which is not set to be officially announced until later this week.
The source said…
