While Montréal is becoming a globally recognized centre of excellence in artificial intelligence (AI), a 2018 NOVIPRO/Léger survey shows that large and medium-sized businesses in the province are slow to get into the starting blocks and invest in AI.

Founded in 2009 by Université de Montréal Professor Yoshua Bengio, MILA is an artificial intelligence (AI) research laboratory focussing on deep learning. 

La Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor, today announced it has increased its stake in Azure Power Global Ltd. (Azure Power), a leading player in solar energy, to 40% through a US$100 million contribution to the company’s recent capital raising. This new investment in Azure Power brings the total amount invested by CDPQ to US$240 million.

La Caisse de dépôt et placement du Québec (“CDPQ”) and Generation Investment Management LLP (“Generation”) today announced a unique partnership for sustainable investing over the long term.

La Caisse de dépôt et placement du Québec (“CDPQ”) and Generation Investment Management LLP (“Generation”) have today announced the acquisition, subject to regulatory approval, of General Atlantic and H.I.G. Capital’s investment in FNZ, in a deal valuing the company at £1.65 billion.

Round Hill Capital (“Round Hill”), a leading real estate investment, development and asset management firm, and global real estate investor Ivanhoé Cambridge, announce that they have joined forces and have concluded a series of sale and purchase agreements to acquire nine well-located residential assets comprising 362 units in Berlin, Germany, for a total purchase price of approximately €75 million.