Government of Canada invests $6.3 million in six Montréal-based AI companies

Considering that artificial intelligence (AI) will provide unprecedented economic and social benefits to Canadians, the governement of Canada is investing $6.3 million in six highly innovative Montréal-based artificial intelligence companies.

Five million dollars will go to Element AI and $1.3 million to Imagia, Keatext Inc., ARA Robotics Inc., C2RO Cloud Robotics Inc. and Roof Ai. This investment will help their efforts to scale up and expand into new markets. In addition, 977 jobs will be created.

Source nameCanada Economic Development for Québec Regions

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