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Stock impact report

Trudeau announces AI spending plan to bolster Canadian infrastructure, computing capacity and safety [Globe and Mail, The (Toronto, Canada)]

BlackBerry Limited (BB) 
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and create safeguards against the potential downsides of AI technology, Prime Minister Justin Trudeau announced on Sunday. The reveal was the latest in a series of near-daily pre-budget announcements, in which the government has been unveiling its spending plans ahead of the release of the full federal budget on April 16. Canada is home to world-leading AI researchers, but in recent years the country has fallen behind in providing the infrastructure needed for the growing field, particularly the advanced computer chips crucial for building and running AI models. The shift has led many to call for more government intervention. Although Mr. Trudeau offered few details at his announcement, which he made during a news conference in Montreal, many in the industry celebrated the promised investment. Others said past experience with government spending announcements had left them skeptical of Ottawa 's ability to execute on the new promises. Money to build and make accessible more co Show less Read more
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