Record-breaking SCALE AI funding round of nearly $129M to drive Canada’s competitiveness with homegrown AI

SCALE AI, Canada’s artificial intelligence (AI) cluster, announced today a total of $128.5 million in investments to support 44 new applied AI projects across Canada. This brings total commitments over the past six months to more than $226 million, reflecting the rapid acceleration of homegrown AI deployment across Canadian industries and organizations. This is SCALE AI’s largest funding round to date, a clear signal of the accelerating momentum behind Canada’s AI—from growing public-sector commitment to rapidly expanding adoption across sectors nationwide.

Congratulations to the 44 new projects representing investments of $129 million! We are proud to see OBIO-affiliated companies, FluidAI Medical, Gray Oncology Solutions, and Zamplo, among the recipients.