Waterloo’s WatSPEED to provide businesses with access to AI upskilling programs in new province-wide initiative

By: Media Relations

The Ontario Chamber of Commerce (OCC) launched its new AI Hub on Wednesday with the University of Waterloo’s WatSPEED professional and executive education unit selected as an anchor partner to help strengthen the province’s role as a leader in AI adoption.

AI is poised to transform economies – both global and local – as businesses quickly adopt generative AI tools to grow revenue, enhance customer experiences, and improve efficiencies. The AI Hub is designed to serve as a unique industry-academic partnership that will drive AI adoption among Ontario businesses while providing support for evidence-based policy making from the government, according to the OCC. 

The AI Hub will assist these businesses, specifically small and medium-sized businesses (SMBs), to adopt AI technology through access to resources and talent as well as help address ethical and data privacy concerns that could pose barriers to implementing AI across their organization. 

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