My fellow Canadians, artificial intelligence (AI) is the next great technological transformation, and the time to go all in is now. That is why I am announcing the Government of Canada’s commitment to making an equity investment of up to $1.6 billion in Cohere, so that when the AI investment bubble pops, probably later this year and likely wiping out trillions of dollars of wealth across the planet, Canadians will also lose incalculable sums of money.
So AI is a higher priority than all biomedical research for all diseases for Canada.
Not 100% sure on the specifics, but I read that with the stronger alliance with Europe, Canada gets access to a super computer for researchers, and more then likely useful for applications in healthcare.
https://digital-strategy.ec.europa.eu/en/news/eu-and-canada-team-supercomputing-and-quantum
This comes along with investment into developing a Canadian owned AI, and I believe there is a “strategic merger” between Cohere with a German company Aleph Alpha.
https://cohere.com/blog/cohere-alephalpha-join-forces
bla bla bla flat budgets losing to inflation since 2016.