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by Sytten
377 days ago
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This guys annoys me a an entrepreneur because he gets a sh*t ton of government money and it starves the rest of the ecosystem in Montreal. The previous startup he made with that public money essentially failed. But he is some kind of hero of AI so it's an easy sell for politicians that need to demonstrate they are doing something about AI. |
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You'd have no idea about the fact most of the money came from the Quebec pension fund (which is then where the ServiceNow money went). For that you have to go to https://betakit.com/element-ai-announces-200-million-cad-ser... or https://www.cdpq.com/en/news/pressreleases/cdpq-expands-its-... Managing to spend $200M on AI in 2019 and having nothing to show for it in 2025. Quite impressive with hindsight.