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Gatik raises $107 million CAD Series B round, announces Texas expansion (BETAKIT)
Along with the funding announcement, Gatik has revealed plans to expand its operations in Texas, where it intends to establish “a long-term presence.”
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Companies need more workers. Why do they reject millions of résumés? (WALL STREET JOURNAL)
Automated-hiring systems are excluding many people from job discussions at a time when additional employees are desperately needed.
Attabotics files patent infringement claim against Boston-based Urbx (BETAKIT)
Attabotics’ complaint, obtained by BetaKit, alleges that Urbx has and continues to infringe two patents held by Attabotics.
Chinese A.I. firm SenseTime files for Hong Kong IPO despite tech crackdown and U.S. blacklist (CNBC)
The company did not disclose the size of the deal but is pushing ahead with a listing even as China tightens regulation for the country’s technology industry.
Yandex buys out Uber’s stake in Yandex Self-Driving Group, Eats, Lavka and Delivery for $1B (TECHCRUNCH)
Russian internet and ride-hail giant Yandex has acquired Uber’s stake in its Self-Driving Group (SDG), as well as Uber’s indirect interest in Yandex.Eats, Yandex.Lavka and Yandex.Delivery.
54e Dev Studios pulls in $1.7 million to build its low latency robotics platform through golf (BETAKIT)
Conexus Venture Capital led the round of seed capital that will enable 54e Dev Studios Inc. to continue to develop and expand its remotely-operated robotic gaming app.
Facebook apologizes after its AI software labels Black men ‘primates’ in a video featured on the platform (BUSINESS INSIDER)
The company told The New York Times that it was an “unacceptable error.”
Lytica raises over $3.8 million to bolster pricing software (BETAKIT)
The company’s SupplyLens software, which provides cost reduction and risk intelligence for electronics companies has seen “successful adoption” from some top Fortune 500 companies.
The fight to define when AI is ‘high risk’ (WIRED)
Everyone from tech companies to churches wants a say in how the EU regulates AI that could harm people.
NestReady acquired by Homebot in real estate tech deal (BETAKIT)
NestReady, founded in 2017, offers an AI-powered digital home-buying platform for mortgage lenders.
Peak raises $75M for a platform that helps non-tech companies build AI applications (TECHCRUNCH)
Richard Potter, Peak’s CEO, said the rapid follow-on in funding was based on inbound interest, in part because of how the company has been doing.
