Mila fund aims to spark AI entrepreneurship in Canada
Mila, Canada’s top AI institute, is teaming up with iNovia Capital on a new venture fund aimed at helping Canadian AI scientists move from academia into entrepreneurship. Mila’s Alex Shee says the goal is to create a “generational opportunity” by nurturing locally trained talent, rather than losing researchers to U.S. tech giants. The fund's details are still limited, but it reflects a bigger push to keep Canadian AI innovation at home.
- Mila partnered with iNovia Capital on a new AI venture fund
- Fund aims to help academics become startup founders
- Goal is to keep Canadian trained AI talent
- Details about the fund remain limited so far
Sources covering this
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