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"Google Injects $4.5 Million In New AI Research Outpost"

Andy Parker

Market Exclusive

"The use of artificial intelligence (AI) is quickly gaining momentum given the rush by various tech firms to invest in it, Alphabet Inc (NASDAQ:GOOGL) subsidiary Google being in the lead. The search engine is spreading its wings into the Canadian market, and in over three years, it will invest $4.5 million in its new Montreal AI research outpost. The funding is purposed to help in paying for seven faculty members across various Montreal academic institutions as well as continued support for deep learning expert Yoshua Bengio’s work."

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