A|I: The AI Times – Building the AI bubble

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ElevateR Pitch gives Canada’s AI startups a chance to earn $1,000,000 in funding this September (BETAKIT)

ScaleUP Ventures and Espresso Capital will provide the funding for the competition.

Salesforce Recommends: Fuelling eCommerce Success at DavidsTea (STRATEGYONLINE)

How DavidsTea is “unlocking the insights to power the rest of the organization in terms of the product and communication.”

Can this startup break big tech’s hold on AI? (FORTUNE)

Element AI has the pedigree to push the boundaries of what is possible with the technology. The question is whether it can accomplish that without becoming what it despises.

Chatbot aids firms’ privacy compliance by finding client exposures within data breach laws (FINANCIALPOST)

‘Parker,’ with AI conversations, could save businesses from giant fines imposed by GDPR, PIPEDA legislation.

Artificial intelligence is in a bubble: Here’s why we should build it anyway (GLOBEANDMAIL)

Unlike many companies that fell into oblivion when the dot-com bubble popped, the companies that have stuck around all took a long-term attitude. Those in the AI business need to remember this.

DeepLearni.ng rebrands to Dessa, appoints Alex Krizhevsky as technical advisor (BETAKIT)

The company also announced that it has appointed former Google Brain researcher Alex Krizhevsky as a technical advisor.

Your next summer DIY project is an AI-powered doodle camera (TECHCRUNCH)

If you’re short on inspiration, you might be interested in artist and engineer Dan Macnish’s how-to guide on building an AI-powered doodle camera using a thermal printer.

Albert Technologies raises $18 million for AI platform that automates marketing campaigns (VENTUREBEAT)

The funding came from Schroder Investment Management, Hargreave Hale, and Old Mutual Global Investors.

Facebook is reportedly close to buying a British AI startup to help it shut down fake news (BUSINESSINSIDER)

Founded in 2015, Bloomsbury AI specialises in natural language processing (NLP) technology, and has developed an AI called “Cape,” which can read text documents and answer questions about their contents.

mnubo opens Toyko office (BETAKIT)

The company said it plans to continue expanding its team in the Tokyo office by adding solution engineers, data scientists, and business managers with expertise in IoT data and AI.

Planck Re scores $12M Series A to simplify insurance underwriting with artificial intelligence (TECHCRUNCH)

The funding was led by Arbor Ventures, with participation from Viola FinTech and Eight Roads.


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.

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