University of Toronto to Create AI Innovation Center

Friday, March 29, 2019 - 17:45

Two Canadian entrepreneurs, Gerald Schwartz and Heather Reisman, have donated $100-million investment to create Schwartz Reisman Innovation Center in Toronto University.

According to the University of Toronto official website, the gift will help construct a 750,000-square-foot complex designed to anchor U of T’s unique cluster of world-leading artificial intelligence scientists and biomedical experts, its world-class entrepreneurship network, and the country’s largest concentration of student- and faculty-led startups.

The gift will also support the launch of the newly conceived Schwartz Reisman Institute for Technology and Society, whose mission will be to explore and address the ethical and societal implications of AI and other emerging technologies.

The Institute will facilitate cross-disciplinary research and collaboration and will draw on U of T’s signature strengths in the sciences, humanities and social sciences to explore the benefits and challenges that AI, biotechnology, and other technological advances present for our economy, our society and our day-to-day lives.

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