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Today, Premier Ford, Minister Jones and Minister Fedeli welcomed a $294 million investment from Sanofi, a global biopharmaceutical company, to expand its Artificial Intelligence Centre of Excellence (AI CoE) in Toronto.
Building on a strong foundation of over 150 employees, the expansion of Sanofi’s AI CoE will leverage the province’s skilled workforce to create 50 new, good-paying jobs, while reinforcing Ontario’s position as a global leader in life sciences and artificial intelligence.
In alignment with the goals of the government’s life sciences strategy, Taking Life Sciences to the Next Level, Ontario is supporting the expansion with up to $5 million in funding through the Invest Ontario Fund.