Alberta to invest $100 million in artificial intelligence

Notley says funds are on top of $50 million for 3,000 new high-tech post-secondary training spots.

Alberta Premier Rachel Notley speaks to cabinet members in Edmonton on December 3, 2018. (THE CANADIAN PRESS/Jason Franson)

The Alberta government plans to spend $100 million over five years to attract investment from artificial intelligence-focused tech companies.

The money will go to Alberta Innovates, the province’s research development agency, and the non-profit Alberta Machine Intelligence Institute.

READ MORE: Premier Rachel Notley says Alberta to ease oil production cuts

Some of the initial funds will go toward helping Edmonton-based Amii expand into a new office in Calgary.

Premier Rachel Notley says the spending is in addition to the $50 million announced last spring for 3,000 new high-tech post-secondary training spots.

She says it’s part of an effort to diversify the provincial economy beyond oil and gas extraction.

Notley says her government is also planning a major marketing campaign to show that Alberta can be a global hub for artificial intelligence technology.

“Without investment, we are at a significant risk of losing our competitive advantage. Without a long-term commitment and a plan for a diversified future, Alberta could easily be bypassed by the Ontarios and the Quebecs of the world, that’s not a thing we want to see happen,” Notley said in Calgary Wednesday.

“We know that those governments have been actively seeking investment for Toronto and Montreal. And to the south, they are also actively seeking investment in the Silicon Valley, MIT and Stanford. Companies will invest in places where growth is possible and success is rewarded.”

Laura Kilcrease, CEO of Alberta Innovates, said artificial intelligence can help lead to better decision making, problem solving and efficiency in a variety of sectors, including health care, transport and agriculture.

“Our future is like the old days of electricity over a century ago. No one quite knew what to do with it and what can we do without it today,” she said.

“No one quite knows what to do completely with artificial intelligence and I challenge you — soon you won’t know what to do without it.”

The Canadian Press

Just Posted

Bashaw seed cleaning plant holds official opening

New facility operating well since January

Community mourns the deaths of two Maskwacis toddlers

Siblings found drowned on family’s property

Calgary Stampede a tough go for local cowboys

Several make the finals, but not able to close in on the big money

PHOTO: Bunnock Toss

Annual tournament draws more than 280 players to Bashaw

Wet conditions making it hard to make hay

Crops throughout central Alberta doing decently for now

Fashion Fridays: 5 casual summer dress styles

Kim XO, helps to keep you looking good on Fashion Fridays on the Black Press Media Network

Couple found dead along northern B.C. highway in double homicide

Woman from the U.S. and man from Australia found dead near Liard Hot Springs

Bank of Canada lowers qualifying rate used in mortgage stress tests

Home sales softened last year after the federal government introduced new stress test rules for uninsured mortgages

Wetaskiwin RCMP investigate indecent act at By The Lake Park

Complaint said man exposed himself in Wetaskiwin

$900M settlement reached in class action on sexual misconduct in Canadian military

After facing criticism, the government moved to begin settlement proceedings in early 2018

Chiefs honour Indigenous leader wrongfully hanged in B.C. 154 years ago today

Chief Joe Alphonse says they want his remains returned to his homeland in B.C.’s Cariboo region

Wetaskiwin RCMP investigate attempted armed robbery

Police seek information about alleged attack and identify suspect

Scrapie, a disease related to mad cow, found in two flocks of sheep in Alberta

Health Canada says there is no known link between scrapie and human health

Alberta oil and gas producer cleanup cost estimates set too low, says coalition

Canadian Natural Resources Ltd. facing the largest bill at $11.9 billion to clean up 73,000 wells

Most Read