MONTREAL: Swedish telecoms giant Ericsson announced the launch of its “global artificial intelligence accelerator” in Montreal, where other tech heavyweights like Google, Facebook and Microsoft have invested in AI research and development.
The specialized lab will focus on “using AI and automation technologies to create data-driven, intelligent products and services” – work that will specifically impact 5G networks, the company said in a statement.
“Maturing AI capabilities will have a significant impact on 5G and existing networks’ automation and evolution,” said the head of Ericsson Canada, Graham Osborne.
The Swedish firm — which already has 1,000 employees working on R&D in Montreal — said it plans to recruit more than 30 people this year, and possibly more in years to come. Its investment over five years is expected to total CAD 40 million (USD $29.7 million).
Canada’s second-largest city is hoping to become a major hub for AI research, building on the expertise of globally-recognized local experts like Yoshua Bengio.