April 19, 2019

Feds Investing $41 Million in Quantum and Artificial Intelligence Research in Waterloo Region

WATERLOO – In an effort to further strengthen Canada’s position in the world of quantum computing, artificial intelligence and machine learning technology, the federal government is investing $41 million in four high-tech organizations in Waterloo Region.

Navdeep Bains, minister of innovation, science and economic development and the minister responsible for the Federal Economic Development Agency for Southern Ontario, made the announcement Thursday afternoon at Quantum Valley Investments, a 90,000-square-foot facility near the northern edge of the University of Waterloo campus and one of the investment recipients.

To read the full article on the Waterloo Region Record, click here.