Google Canada Invests CA$ 3.9 Million in Montréal-Based AI Institute, Mila
On November 13, 2020, Google Canada announced its renewed investment in Montréal-based artificial intelligence (AI) institute, Mila. The renewed funding comes in the form of a C$3.9 million (US$3 million) grant over a three-year period. Mila announced its plans to use the grant funding to continue its research into AI and machine learning.
This grant comes four years after Google Canada invested US$4.5 million in Mila, enabling the institute to grow from 25 to 519 researchers. According to Yoshua Bengio, Mila Scientific Director, the grant comes at a “watershed moment for the Canadian AI community.” COVID-19 has created unprecedented challenges across a multitude of industries, leading Yoshua to believe that “AI is no longer an emerging technology but a useful tool that can serve to solve world problems.” Google Canada’s renewed funding signals to the AI community that Google recognizes this opportunity and is ready to invest in the important work ahead.
Currently, Mila is working on an algorithm aimed at identifying a new drug capable of combatting COVID-19. Google Canada’s renewed support aims to provide Mila with the necessary funding to advance these projects and future AI endeavours.
Author: Shadi Varkiani
Photo Credit: https://unsplash.com/@morganpetroskiphoto
Authors
Expertise
Insights
-
Technology
Whoop and the Wearable Health Market
In March 2026, Whoop Inc. (“Whoop”) completed a Series G funding round for US$575 million, valuing the leading fitness wearable company at US$10.1 billion. Whoop received investment from many notable… -
Technology
The Smartest World Cup Yet: Inside FIFA’s Latest Officiating Innovations
The 2026 FIFA World Cup will showcase some of the most advanced officiating technology ever used in soccer. Building on systems introduced in previous tournaments, FIFA is rolling out new tools… -
Technology
Betting on the Future: How Prediction Markets Are Changing Everything
Recently, the Canadian Investment Regulatory Organization (“CIRO”) approved Wealthsimple to offer forecast contracts. Forecast contracts are investment products that offer investors binary “yes” or… -
Technology
Four Legal Takeaways from the Proposed Canadian Social Media Legislation
On June 10, 2026, the federal government introduced Bill C-34, also known as the Safe Social Media Act. The proposed legislation represents a sweeping effort to regulate social media platforms… -
Technology
Dreaming of a Good Sleep? Technology Might Help
The “sleep economy” is growing rapidly with more than just sleep masks, weighted blankets and melatonin products on the market selling a good night’s rest. Sleep technology has evolved from tracking… -
Privacy and Data Protection
Canadian Privacy Regulators Publish Findings and Guidance on OpenAI Privacy Compliance
Following a multi-year joint investigation, federal and provincial privacy regulators recently published their findings with respect to OpenAI’s collection and use of personal information to train…