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Canadian clean AI sector projected to employ 30,000 and attract $9-billion by 2030

By

Jeffrey Jones

1mo ago· 4 min readenNews

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.

Source

bskyCanadian clean AI sector projected to employ 30,000 and attract $9-billion by 2030theglobeandmail.com

Key quotes

· 3 pulled
Deploying 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
Snippet from the RSS feed
CleanAI Initiative promotes the tech for its ability to reduce environmental footprints of industrial sectors and operations

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