THE UNIVERSITY OF TORONTO RECEIVES A $100-MILLION GIFT FOR A.I. & EMERGING TECHNOLOGIES

The $100-million donation is the largest in the history of University of TORONTO and the largest gift ever to the Canadian innovation sector.

Donors Gerald Schwartz and Heather Reisman, co-owners of INDIGO, a Canadian bookstore chain, commented – “U of T is a global leader in artificial intelligence, biomedicine and exploring intersections of society and technology. We’re immensely proud to be part of an initiative that will spark innovation, and illuminate the importance of socially responsible technology.” <PHOTO by Ed Middleton/CBC>

The gift will accelerate creation of a 750,000-square-foot complex to anchor the university’s cluster of artificial intelligence scientists and biomedical experts, its entrepreneurship network, and Canada’s largest concentration of student and faculty-led startups.

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