Canadian clean AI sector projected to employ 30,000 and attract $9-billion by 2030
By
Jeffrey Jones
Summary
A Toronto-based organization is building a financing ecosystem for 'clean AI' — artificial intelligence applied to environmental sustainability. The sector could attract nearly US$9-billion in capital investment and support 30,000 jobs in Canada by 2030. Venture capitalists have already raised US$3.5-billion since 2020 for Canadian AI ventures focused on sustainability, supporting about 7,700 workers currently. The CleanAI Initiative promotes AI's ability to reduce environmental footprints across industrial sectors.
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Key quotes
· 3 pulledDeploying artificial intelligence to make environmental gains can help Canada attract nearly US$9-billion in capital investment and support a work force of 30,000 people by 2030
Venture capitalists have already raised US$3.5-billion since 2020 for Canadian AI ventures focused on a range of sustainability problems, from reducing energy usage to cleaning up industrial processes
That investment helps support as many as 7,700 workers
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