Canada proposed $15 bln incentive to boost AI green data centre investment, Globe and Mail reports

Canada's federal government has considered making up to $15 billion available as an incentive to encourage major domestic pension funds to...
6 days ago
from: Reuters

Artificial intelligence, Canada, Data center

More about this

- Cohere secures federal backing to build multibillion-dollar Canadian AI data centre
Ontario Construction News staff writer. Canada will invest up to $240 million in Toronto-based AI platform Cohere, the first funding...
from: Ontario Construction News

- Tech Update: Federal funding for supercomputing infrastructure
Plus, Canadian companies make the 30 Under 30 list, and a big deal for Cyclic Materials.
from: Toronto Star

- Freeland confirms Ottawa to develop $15-billion program to help pension funds invest in AI data centres
Ottawa plans to spend billions on a program to build data centres by attracting investment from Canadian pension funds and is promising a...
from: The Globe and Mail

- Cohere to build ‘multibillion-dollar’ data centre in Canada
The company will partner with AI cloud platform CoreWeave to advance the AI data centre project.
from: Yahoo Finance

- Ottawa proposed $15-billion incentive plan to get pension fund investment in AI green data centres, sources say
The federal government suggested the idea to pension funds as part of a suite of potential measures in consideration for Ottawa's fall...
from: The Globe and Mail

- Canada proposed $15 billion incentive to boost AI green data centre investment, Globe and Mail reports
Ottawa floated the proposal in private consultation with pension funds as part of a suite of potential measures in consideration to be...
from: Yahoo Finance