By The Canadian Press

Alberta government to invest $100 million on artificial intelligence

Feb 13, 2019 | 1:23 PM

CALGARY – The Alberta government plans to spend $100 million over five years to attract investment from artificial intelligence-focused tech companies.

The money will go to Alberta Innovates, the province’s research development agency, and the non-profit Alberta Machine Intelligence Institute.

Some of the initial funds will go toward helping Edmonton-based Amii expand into a new office in Calgary.

Premier Rachel Notley says the spending is in addition to the $50 million announced last spring for 3,000 new high-tech post-secondary training spots.

She says it’s part of an effort to diversify the provincial economy beyond oil and gas extraction.

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Notley says her government is also planning a major marketing campaign to show that Alberta can be a global hub for artificial intelligence technology.