May 12, 2026
- Issue 12
- 1 min read
- 2 stories / 1 sections
The Canadian government's new $66 million investment in 44 AI companies signals an aggressive push to enhance the country's tech landscape and job market. Meanwhile, Vendasta's expansion of its AI workforce product in Italy highlights a growing demand for accessible AI tools among small businesses, representing a significant step toward bridging the technology gap in the European market.
Canada
Canadian AI policy, companies, and adoption
- 01
Government of Canada supports 44 Canadian companies using AI to transform industries and create jobs (opens in new tab)
The Government of Canada is investing $66 million in 44 companies through the AI Compute Access Fund to improve access to computing power. This funding will help businesses across various sectors, such as health care and agriculture, develop AI products, create jobs, and enhance competition globally.
- 02
Vendasta expands AI workforce product via European-scale rollout (opens in new tab)
Vendasta signed a deal to roll out its AI product, MARiO, to over 100,000 small and medium-sized businesses in Italy. This move aims to make AI tools accessible for small businesses, addressing a market gap where only 17% currently utilize such technology.
