SCALE.AI is one of five supercluster projects which, in total, received $950 million in funding through the federal government’s Innovation Superclusters Initiative. The private sector will match the government’s funding. The government defines superclusters as “dense area of business activity” where “large and small companies, post-secondary and other research institutions […] energize the economy and act as engines of growth.”
The SCALE.AI supercluster will be co-presided by Louis Roy, CEO of Optel Group, a “multinational, leading global provider of traceability systems” based in Canada, and Hélène Desmarais, president of the board of directors of HEC Montréal. IVADO, an AI and big data research institute in Montreal, will also contribute to the project.
Targray is an international renewable energy and electronic materials company with a leading presence in four major markets: Solar Photovoltaics, Lithium-ion Battery, Biofuels, and Optical Media. Drawing on three decades of experience in technology-driven industries, the company provides a comprehensive range of advanced materials & solutions designed to create value for its customers throughout the supply chain.
Since being incorporated in 1987 in Montreal, Canada, Targray has grown to become one of the renewable energy industry’s most important suppliers, with office locations in 6 countries and approximately 400 million USD in annual sales.