The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the globe. If you want to read A|I before anyone else, make sure to subscribe using the form at the bottom of this page.
LG partners with the University of Toronto to establish AI research lab
The five-year research partnership with the University of Toronto will allow LG to build on its Open Platform-Open Partnership-Open Connectivity strategy to expand the AI ecosystem.
Salesforce Reccommends: AI Looks To Double Growth Rates by 2035(SALESFORCE)
Forecasts show that AI will underpin many of the future advances — and leaps — in business productivity. Delve into how algorithms, data and new workflows will ensure your future AI success.
Autonomous vehicle startup Kodiak Robotics raises $40 million(CTECH)
Kodiak Robotics, which aims to develop new autonomous driving technologies for the long-haul trucking market, raised the funding from Battery Ventures, with participation from CRV, Lightspeed Venture Partners, and Tusk Ventures.
Diligen launches AI contract assistant for real estate documents(BETAKIT)
Diligen for Real Estate will allow lawyers to identify provisions, clauses, and contractual obligations that are important to real estate law practices.
Chinese AI startup Tianrang raises a $26M funding round, launches new project to apply ML to cities(TECHCRUNCH)
Based on deep learning and other AI technology, Tianrang provides data analysis and smart solutions for enterprises.
AI for cybersecurity is a hot new thing—and a dangerous gamble(TECHNOLOGYREVIEW)
Machine learning and artificial intelligence can help guard against cyberattacks, but hackers can foil security algorithms by targeting the data they train on and the warning flags they look for.
Samsung plans $22 billion for artificial intelligence, autos(THESTAR)
Samsung said it will spend the sum on hiring artificial intelligence researchers in about 1,000 artificial intelligence centres around the world, on ensuring it will be a global player in next generation telecoms technology called 5G and on deepening its involvement in electronic components for future cars.
Fredericton-based Resson receiving up to $370,000 from NB government to create jobs(BETAKIT)
Resson, which raised a $14 million Series C in May, uses high-resolution cameras, AI, and cloud computing for its crop management system.
Wysdom.AI partners with the Vector Institute to solve the most difficult enterprise AI challenges(DIGITALJOURNAL)
Partnering with Vector will allow Wysdom to share its industry experience and strategy with other Canadian AI startups and gain access to some of the country’s smartest academics in AI, machine learning, and deep learning research.
AI giant SenseTime leads $199M investment in Chinese video tech startup(TECHCRUNCH)
With the investment, SenseTime said it also inked a partnership with Moviebook which will see the two companies collaborate on a range of AI technologies, including augmented reality, with the goal of increasing the use of AI in the entertainment industry.
Artificial intelligence model “learns” from patient data to make cancer treatment less toxic(MIT)
Machine learning system determines the fewest, smallest doses that could still shrink brain tumors.
Edmonton becomes 1st Canadian city to use artificial intelligence travel tool (GLOBALNEWS)
Edmonton Tourism has partnered with Utrip, an artificial intelligence recommendation engine for travel, which allows users to tailor a dream vacation within minutes.
Your vegetables are going to be picked by robots sooner than you think(TECHCRUNCH)
The automation revolution that’s arrived on the factory floor will make its way to the ag industry in the US and its first stop will likely be the indoor farms that are now dotting the US.
Elevate 2-for-416 Startup Ticket
Miss the Early Bird to get your Elevate tickets? BetaKit has your hookup with the 2-for-416 Startup Ticket bundle. Startups buying a minimum of two tickets can save more than $100 per ticket! Offer ends August 19th.