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Canada, France officially launch global initiative to advance responsible use of AI (BETAKIT)
Canada, France, and 13 other countries launch new international artificial intelligence (AI) partnership to guide policy development and “responsible adoption.”
What your startup can learn from the Navy SEALs
In these unprecedented times, entrepreneurs need all the help they can get. BetaKit has teamed up with Microsoft for Startups on a new series called Just One Thing, where startup founders and tech leaders share the ‘one thing’ they want the next generation of entrepreneurs to learn.
Stockwell, the AI-vending machine startup formerly known as Bodega, is shutting down July 1 (TECHCRUNCH)
TechCrunch has learned and confirmed that Stockwell will be shutting down, after it was unable to find a viable business for its in-building app-controlled “smart” vending machines stocked with convenience store items.
AI manufacturing startup Drishti raises $25 million to go global with its factory floor analytics (FORBES)
Drishti is looking back more than 100 years to Henry Ford’s assembly line as the target for its innovation — essentially an eye on the factory floor to monitor thousands of workers at once.
AI startup Rubikloud to be acquired by Ottawa-based Kinaxis for $81.4 million CAD (BETAKIT)
Toronto-based artificial intelligence (AI) startup Rubikloud will be acquired by Ottawa-based software company Kinaxis for $81.4 million CAD.
A former Google X employee just raised $21 million for his AI startup Streamlit, which is already being used by companies like Uber and Stitch Fix (BUSINESS INSIDER)
Streamlit CEO and co-founder Adrien Treuille first saw snags in building AI apps when he worked on projects like self-driving cars and Google Glass at Alphabet research subsidiary Google X, now known as X.
French AI startup Quortex raises €2.5 million to bring high-quality live streaming to every home (TECH.EU)
French startup Quortex, developer of an AI-based video streaming service, has closed a €2.5 million seed round led by Elaia and Go Capital, with support from Unexo and some business angels.
ModiFace, Amazon partnership allows Canadian shoppers to try on cosmetics virtually (BETAKIT)
ModiFace’s artificial intelligence (AI)-powered technology, which allows customers to digitally test makeup products, is now available on Amazon in Canada.
Urbint raises $20 million for AI that predicts power grid risks (VENTUREBEAT)
The company will use the capital to scale products and expand into new markets and countries, with the goal of delivering “quantifiable” improvements in worker well-being.
AI-powered financial technology startup Pagaya raises $102M (SILICONANGLE)
The Series D round was led by GIC and included Aflac Global Ventures, Poalim Capital Markets, Viola, Oak HC/FT, Clal Insurance, GF Investments and Siam Commercial Bank.
FounderFuel announces startups in virtual 2020 cohort (BETAKIT)
Montreal-based accelerator FounderFuel has announced the companies that will be joining its newest and 13th cohort for 2020.
Kaia Health gets $26M to show it can do more with digital therapeutics (TECHCRUNCH)
Part of the new funding will thus go on building out its commercial team in the US — now its main market.