A|I: The AI Times – Amazon’s open source AI model optimization

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.


BetaKit

Luminari raises $845,000 in seed round for CPA career management platform

The round was led by CPA Ontario board member Jean Desgagne and several other private investors including the Ontario Centres of Excellence Market Readiness Program.


finsmes

Sherpa.ai Raises $8.5M In Funding

The company will use the new funding to accelerate the development of its conversational AI platform and predictive voice-enabled digital assistant for consumers and businesses.


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Borrowell launches first free AI-powered credit coaching tool in Canada

Borrowell says that more than 800,000 Canadians have received their credit score through its service.


vb

Geophy raises $33 million to apply AI to commercial property appraisal

Geophy, a real estate appraisal platform that taps artificial intelligence to suss out properties’ true market value, raised the funding from Index Ventures, with participation from Inkef Capital and Hearst Ventures.


techcrunch

Electric, the startup that automates IT, raises $25 million from GGV

For startups that haven’t yet hired an IT person, Electric connects startups that need help with installation or in-person troubleshooting with local vendors.


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Two Hat acquires ImageVision, develops AI to fight against child sexual abuse

With the acquisition, Two Hat said it can now provide an all-in-one content moderation solution for social platforms.


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Chicago’s Clearcover, which uses AI to market auto insurance, raises $43 million

Clearcover has developed an API that it seeks to integrate with websites that have the data it needs to figure out which customers are seeking to buy car insurance right now; that includes personal finance apps, automotive websites, and insurance shopping sites.


techcrunch

Blue Prism looks to partners to expand robotic process automation with AI

Blue Prism has released updates to its platform, including an updated marketplace for exchanging connectors to extend the main product, and, in some cases, adding a layer of intelligence.


finsmes

Disco raises $83M in funding

Disco, a legal tech startup, raised the funding from Georgian Partners, with participation from existing investors Bessemer Venture Partners, LiveOak Venture Partners, The Stephens Group, and venture-debt provided by Comerica.


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Ottawa prepares driverless car test track, first of its kind in North America

Ottawa is preparing to open a 16-kilometre test track for autonomous vehicle technologies in the former location of the now-abandoned Ottawa Biotechnology Incubation Centre.


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Amazon open-sources Neo-AI, a framework for optimizing AI models

Amazon says open-sourcing Neo-AI will help usher in “new and independent innovations” on a “wide variety” of hardware platforms, from third-party processor vendors and device manufacturers to deep learning practitioners.


techcrunch

Kaia Health gets $10M support for AI-powered management of chronic pain

Kaia Health’s goal is to offer an alternative to painkillers, using mobile technology to deliver what the founder describes as multimodal, “mind body therapy” for musculoskeletal (MSK) disorders — comprised of guided physical exercises, psychological techniques and on tap medical education.



 

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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.