The new Schwartz Reisman Innovation Centre will turbocharge the next wave of Canadian innovation, advancing how AI, biomedicine and other disruptive technologies can enrich lives. The $100-million investment is the largest donation in U of T’s history and the largest gift ever to the Canadian innovation sector.

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.

“This new complex will contribute enormously to innovation at U of T,” says world-renowned AI pioneer and University Professor Emeritus Geoffrey Hinton. “It will help consolidate Toronto’s leading position in the AI world. The Centre will attract other AI experts and help to spark additional AI-based innovations. It will also bring together scholars from an array of disciplines to study the implications of AI in today’s world.”

Read more: https://www.utoronto.ca/news/landmark-100-million-gift-university-toronto-gerald-schwartz-and-heather-reisman-will-power/