Five companies in this province have received federal funding to help them with the use of AI.

Federal AI minister Evan Soloman announced $8.5-million for 40 projects throughout Atlantic Canada while in Halifax on Tuesday.

Over $1.2-million will be going to companies in this province for various AI-related projects.

Aucure Inc.
St. John’s, Newfoundland and Labrador
Undertake market development activities to increase market awareness and accelerate growth
Investment: $75,000 (repayable)

trophi.ai
St. John’s, Newfoundland and Labrador
Undertake marketing and product development activities to accelerate revenue growth
Investment: $950,000 (repayable)

qualiTEAS Inc.
St. John’s, Newfoundland and Labrador
Undertake commercialization activities to accelerate revenue growth
Investment: $60,000 (conditionally repayable)

Expertise Hub Co-operative
St. John’s, Newfoundland and Labrador
Implement phase I of a multi-phase immigration retention and mentorship initiative
Investment: $131,250 (non-repayable)

Quidi Vidi Brewing Company Ltd.
St. John’s, Newfoundland and Labrador
Enhance Artificial Intelligence capabilities to boost productivity and growth
Investment: $50,000 (non-repayable) )