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Mila and Hypertec Launch $250 Million AI Research Hub in Montreal
Image Credits: The image is sourced from https://mila.quebec
1 year ago

Mila and Hypertec Launch $250 Million AI Research Hub in Montreal

Canada

News Summary

Montréal-based AI institute Mila, in collaboration with Hypertec and 5C, is establishing a $250 million Sovereign AI Research Hub in LaSalle, Montreal. The hub aims to enhance Canada’s role in AI innovation by providing computing resources to researchers and startups. With the goal of developing ‘frugal AI,’ the project is set to create over 50 jobs and offer AI infrastructure with a lower energy footprint. Valérie Pisano, CEO of Mila, expressed that this initiative will scale Canada’s global impact by developing state-of-the-art AI technology. Supported by federal and provincial governments, the hub is positioned to contribute significantly to Canada’s digital sovereignty.

Story Coverage

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Mila partners with Hypertec and 5C to launch Sovereign AI Research Hub in Montréal

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Mila, 5C and Hypertec Announce $250 Million LaSalle Campus and ...

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Mila, 5C and Hypertec Announce $250 Million LaSalle Campus and ...

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