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UWaterloo, Microsoft partner to use AI for socially-driven projects(BETAKIT)
Microsoft has partnered with the University of Waterloo’s Artificial Intelligence Institute to provide funding, expertise, and Microsoft’s Azure technology to help the institute use AI for social good.
MIT’s new interactive machine learning prediction tool could give everyone AI superpowers(TECHCRUNCH)
Soon, you might not need anything more specialized than a readily accessible touchscreen device and any existing data sets you have access to in order to build powerful prediction tools.
Quebec’ SCALE.AI supercluster announces first four supply chain projects(BETAKIT)
The federal government is investing up to $2 million in these first projects, combined with $3.1 million in contributions from industry and other partners.
AI-backed FinTech startup Recko raises $1 million in seed funding from Prime Ventures(TECHINASIA)
With the investment, the India-based company plans to expand its team, scale across verticals, and further build out the capabilities of its AI technology.
Apple acquires self-driving startup Drive.ai on the brink of closure(TECHCRUNCH)
Drive.ai, the autonomous vehicle tech startup once valued at $200 million, has been acquired by Apple as it prepared to shut down after four years.
BenchSci’s total funding reaches $27 million as Gradient ups investment(BETAKIT)
Toronto-based BenchSci, an AI biomedical startup, has raised approximately $6.7 million CAD in financing, bringing its total funding to $27 million CAD.
Israeli startup NeuroBlade raises $23 million to develop AI chip(YAHOO)
In addition to $4.5 million previously raised, the funds will be used by NeuroBlade to scale its workforce and ramp up efforts to bring its artificial intelligence chip to market.
Xanadu raises $32 million Series A for quantum cloud computing platform(BETAKIT)
Toronto-based Xanadu has raised a $32 million Series A round, led by OMERS Ventures. This round brings Xanadu’s total investment to $41 million to date.
Cathay Innovation leads Laiye’s $35 million round to bet on Chinese enterprise IT(TECHCRUNCH)
One startup making waves in China’s enterprise software market is four-year-old Laiye, which just raised a $35 million Series B round led by cross-border venture capital firm Cathay Innovation.
Amazon’s future vision of AI, warehouse bots and Alexa
(CNET)
Amazon executives say they don’t see gloom and doom in AI and automation, noting that they continue to hire thousands more people to work alongside their warehouse bots and to create the latest machine-learning code.
