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

PHOTOS: Alberta male team takes silver in Winter Games relay speed skating

Alberta was close behind Quebec in the team relay speed skating finals

County of Paintearth bringing in new payment method for ratepayers

County will soon able to accept major credit-cards

Alberta was crowned champions in Wheelchair Basketball at Canada Winter Games

Ontario won silver while Quebec took home the bronze medal

Castor’s Covenant Health an employer of choice in Alberta

Covenant Health staff help keep Alberta’s communities strong by creating fulfilling workplaces

National Energy Board approves Trans Mountain pipeline again

Next step includes cabinet voting on the controversial expansion

WATCH: Pet therapy brings calmness to Winter Games athletes

Canada Winter Games in Red Deer continue on until March 2nd

R. Kelly charged with 10 counts of sexual abuse

R&B star has been accused of sexual misconduct involving women and underage girls for years

Child advocacy centre raising funds through Dream Home Lottery

The child advocacy centre in Red Deer uses its resources to help kids all over Central Alberta

Trudeau tells Canadians to listen to clerk in SNC-Lavalin matter

Privy Council clerk Michael Wernick delivered a blunt assessment at the House of Commons justice

Mueller report looming, new attorney general in hot seat

Robert Mueller is required to produce a confidential report to pursue or decline prosecutions

B.C. woman shares story of abuse with church officials ahead of Vatican summit

Leona Huggins was the only Canadian in the gathering ahead of a historic summit at the Vatican

Sylvan Lake’s Megan Cressey misses Freestyle Skiing Big Air podium

Alberta’s Jake Sandstorm captured silver in the men Freestyle Skiing Big Air contest

Why do zebras have stripes? Perhaps to dazzle away flies

Researchers from University of Bristol look into why zebras have stripes

Most Read