Canada Launches $2 Billion Strategy to Build Domestic AI Compute Infrastructure
The initiative aims to strengthen Canada's AI leadership by funding datacenters, supercomputing facilities, and affordable access for small businesses.
- The Canadian government announced a $2 billion CAD investment to enhance domestic AI compute infrastructure, including datacenters and supercomputing facilities.
- The Canadian Sovereign AI Compute Strategy allocates $700 million CAD to incentivize commercial AI datacenter projects through an AI Compute Challenge program.
- Up to $1 billion CAD will fund public computing infrastructure, with plans to build a transformational AI supercomputing facility starting next year.
- $300 million CAD will be directed to an AI Compute Access Fund, providing affordable compute resources for small and medium-sized enterprises across Canada.
- The initiative seeks to bolster Canada’s position as a global AI leader, supporting local innovation while ensuring data sovereignty and economic growth.