As part of Canada’s $2B Sovereign AI Strategy, the new AI Compute Access Fund supports SMEs developing AI solutions by covering up to 67% of eligible cloud-based compute costs (up to $3.35M for Canadian providers, or $2.5M for others).
Eligible applicants must be Canadian-incorporated SMEs with fewer than 500 employees, a Canada-based R&D team, and an AI commercialization plan.
The AI Compute Access Fund is currently accepting applications until July 31!