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Mnubo, a Montreal-based Internet of Things (IoT) and AI company, has been acquired by Aspen Technology (AspenTech), an asset optimization software firm, for $102 million CAD.
Unlike the original Kinect, which launched as an Xbox gaming accessory that never quite caught on, the Azure Kinect is all business.
LG has appointed Darin Graham, a longtime artificial intelligence researcher, as the head of its AI lab in Toronto.
The company will use the funds to explore the smart healthcare sector, attract new medical and AI talent and ensure its products stay at the top of the Chinese market.
Montreal-based C2RO, a startup specializing in artificial intelligence-powered enterprise products for retail applications, has closed a $2.25 million Series A round.
The deal, which has been rumored for months, is part of a broader alliance between VW Group and Ford that covers autonomous and electric vehicles.
Taiger, an artificial intelligence startup whose clients include Bank of America Corp, AIA Group Ltd. and Banco Santander SA, has raised $25 million of funding for its expansion.
Artificial intelligence startup Kyndi raises $20 million to advance industry’s first Explainable AI platform
The round was led by Intel Capital, with participation from UL Ventures, PivotNorth Capital, and existing investors.
Karen HR, a Toronto-based AI company with a recruiting software tool for human resources workers, has been acquired by global talent acquisition company, Alexander Mann Solutions.
Real estate computer vision platform startup Matterport is set to acquire Arraiy, an AI startup aiming to automate special effects processing in film.
The AI won an average of five bucks per hand, cashing in roughly a grand every hour.
Luminar is now expanding its product lineup substantially as it looks to corner an autonomous vehicle market that’s anticipated to be worth $556.67 billion by 2026.
“First Nations need to own, control, and possess their own data and communications systems in order to create vibrant, self-sustaining communities.”