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.
Ada Support has permanently laid off 36 full-time employees, representing just under one-quarter of the company.
“We’re partnering with Techstars Accelerator to host an Online Startup Weekend innovators around the world to tackle COVID-19-related solutions.”
– Adam Nanjee, Microsoft for Startups
Real-time voice transcription service Otter.ai is adding new functionality that will aid home school students and work-from-home employees alike.
Peak.AI, a startup developing AI solutions for enterprise customers, has announced that it has raised $12 million in extended series A funding.
Eddy Travels adds $912,000 CAD to pre-seed round to create features helping travellers during pandemic(BETAKIT)
Eddy Travels, which has created a virtual travel bot to help consumers find deals on flights and hotels, has added $912,000 CAD to its pre-seed round.
AI and digital health startup MyndYou raises $4 million(CALCALISTECH)
The Tel Aviv and New York-based company also announced a partnership with ALCA, an American association of caregivers for the elderly, to provide members with tools to monitor patients remotely during the coronavirus pandemic.
The round is being led by 8VC with previous investors DCVC, DCVC Bio and Mubadala Capital Ventures also participating.
Honestdoor, an Edmonton-based proptech startup, has raised $500,000 in its first round of funding.
The surge of sensationalist COVID-19 AI research(VENTUREBEAT)
Dealing with a pandemic — as significant as it is — does not suspend basic scientific principles.
Faced with staff shortages and overwhelming patient loads, a growing number of hospitals are turning to automated tools to help them manage the pandemic.
Tech reaction mixed to increased scrutiny on foreign investments as overseas buyers express interest(BETAKIT)
Members of Canada’s tech community are reacting to the federal decision to tighten oversight of foreign investments into Canadian companies during COVID-19.
Since coming online in 2018, Randori has raised more than $29 million from investors and picked up dozens of customers, including VMware Inc.’s Carbon Black cybersecurity division.