The University of Waterloo has launched the Waterloo Artificial Intelligence Institute, which will pursue numerous new areas of research including manufacturing, autonomous systems and human-machine interaction.
Waterloo AI is a joint venture of the university’s faculties of Engineering and Mathematics and will also include researchers from Arts, Applied Health Sciences, Environment and Science. It is affiliated with a number of existing labs, centres and institutes at Waterloo.
“Artificial intelligence is estimated to contribute up to $15.7 trillion per year to the global economy by 2030; if properly leveraged, AI will promote innovation, grow the economy and create thousands of middle-class jobs,” said the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development. “As a world leader in AI, Canada’s talent and expertise attract millions in foreign investment annually.”
Sponsors of the new institute include General Motors Canada, Huawei Technologies Co, Magna International and Miovision Technologies.