Contribution: AI Compute Access Fund
Variational AI Inc.
$3,117,381.00
515697
FY 2025-26 · 2026-03-28
Summary
Project Namshub will vastly accelerate the discovery of new drugs across a number of disease areas through the use of our Enki generative AI-based foundation model.
Program
AI Compute Access Fund
Recipient
Location
Vancouver, British Columbia, Canada
Recipient Type
For-profit organization
Business Number
773532932
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Additional Information
2025/26 to 2027/28,
Additional Information (French)
2025/26 à 2027/28,
Agreement End Date
2028-03-31
Agreement Number
515697
Agreement Start Date
2026-03-28
Agreement Title
515697
Agreement Title (French)
515697
Agreement Type
Contribution
Agreement Value
$3,117,381.00
Amendment Number
0
Description
Project Namshub will vastly accelerate the discovery of new drugs across a number of disease areas through the use of our Enki generative AI-based foundation model.
Description (French)
Le projet Namshub accélérera considérablement la découverte de nouveaux médicaments dans plusieurs domaines thérapeutiques grâce à l'utilisation de notre modèle de base génératif Enki.
Expected Results
As a part of the AI Compute Access Fund, this project will accelerate Canadian AI innovation and commercialization and support the use of a diverse range of external compute suppliers so companies can stay competitive in a rapidly changing industry.
Expected Results (French)
Le Fonds d'accès à une capacité de calcul pour l'IA offre un soutien financier aux petites et moyennes entreprises (PME) canadiennes afin de leur permettre d'accéder à la capacité de calcul dont elles ont besoin pour développer et commercialiser leurs projets innovants dans le domaine de l'IA.
Federal Riding
Vancouver East
Federal Riding (French)
Vancouver-Est
Federal Riding Number
59035
NAICS Code
81
Organization Code
ic
Organization
Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada
Program Name
AI Compute Access Fund
Program Name (French)
Fonds d'accès à une capacité de calcul pour l'IA
Program Purpose
The AI Compute Access Fund offers financial support to help Canadian small and medium-sized businesses (SMEs) access the compute power they need to scale and commercialize their innovative AI project.
Program Purpose (French)
Dans le cadre du Fonds d'accès à une capacité de calcul pour l'IA, ce projet accélérera l'innovation et la commercialisation de l'IA au Canada et favorisera le recours à divers fournisseurs externes de services de calcul en vue de permettre aux entreprises de rester compétitives dans un secteur qui évolue rapidement.
Recipient Business Number
773532932
Recipient City
Vancouver
Recipient Country
CA
Recipient Legal Name
Variational AI Inc.
Recipient Operating Name
Variational AI
Recipient Postal Code
V5T 2Z3
Recipient Province or Territory
BC
Recipient Type
F
Reference Number
033-2025-2026-Q4-515697
