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Untether AI plans to use the fresh capital to expand its current product reach and accelerate the development of its next-generation products, attacking “a multitude of markets.”
DeepMind says it will release the structure of every protein known to science (MIT TECHNOLOGY REVIEW)
The company has already used AlphaFold, its protein folding AI, to generate structures for nearly all of the human proteome, as well as yeast, fruit flies, mice and more.
Clearco launches new partnership recommendation service as part of push to serve founders “beyond capital” (BETAKIT)
Earlier this month, Clearco raised $268 million CAD in a Softbank-led round, accelerating the company’s international expansion plans and overall roadmap.
Path Robotics raises another $100M (TECHCRUNCH)
The deal brings the robotic welding firm’s total funding to $171 million.
BetaKit spoke with the Jonah Group about completing a massive digital transformation project for a major Canadian pension plan during a global pandemic.
Last month, Canada’s privacy commissioner office has concluded its investigation into a law enforcement agency’s use of Clearview AI, finding that the Royal Canadian Mounted Police (RCMP) violated Canadian privacy law.
One of the biggest winners from the firm’s portfolio is online education platform Thinkific, which completed a $184 million IPO on the Toronto Stock Exchange in April.
France’s Eurazeo has also announced a €1.6bn growth fund, with both European-focused investment groups having an eye towards AI startups.
“The world of cameras is actually going to evolve very quickly, but we feel…in many ways, well ahead of the curve.”
If it succeeds, the gambit could help support Google Cloud’s lofty ambitions in the manufacturing sector.
Microsoft Canada CSO Kevin Magee argues startup founders need to prioritize security, privacy, and compliance from the start, lest they come back to haunt them.
A new “red team” will try to anticipate and thwart attacks on machine learning programs.
Microsoft Canada and AltaML are leading the AI stream of WE Accelerate, with the goal of helping train the next generation of AI leaders in Canada.