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Quebec  + Canada + Cross Border News  + Industrial  | 

Mila, Hypertec, 5C to Launch AI Research Hub in GMA

Mila, Hypertec and 5C are investing a total of $250 million in a new sovereign AI research hub in the Greater Montreal Area. 

The new hub will be located at Hypertec’s new global headquarters in LaSalle, Que. Mila is a federally supported AI research institute.

The facility will provide up to three megawatts of power and also host 5C’s operations. Construction has already commenced.

Direct-to-chip, immersion cooling, and applied heat recovery technologies are expected to reduce energy consumption and costs by up to 50% compared to typical facilities.

Photo: Mila

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About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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