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Element AI to implement AI features into Japanese automotive company’s operations(BETAKIT)
Montreal-based Element AI has entered into a strategic relationship with Japanese automotive company Aisin Seiki Co.
Microsoft will start letting customers run Azure programs in clouds owned by Amazon and Google(CNBC)
“Revealed at Microsoft’s Ignite Conference, #AzureArc is the latest effort by CEO Satya Nadella to let customers use whatever technology they want, even if it’s from a rival. This will empower people and startups around the world to choose solutions that work for them.” – Adam Nanjee, Microsoft for Startups
Mindbridge loses former CIO of Canada after a few months in role(BETAKIT)
Alex Benay, the former CIO of Canada, has left his role at Ottawa-based Mindbridge after a short few months stint.
Microsoft uses AI to diagnose cervical cancer faster in India(TECHCRUNCH)
The AI model can now differentiate between normal and abnormal smear slides with accuracy and is currently under validation in labs for a period of three to six months.
Tencent-linked health AI developer raises $25 million(BLOOMBERG)
Medopad Ltd., a U.K. artificial intelligence startup teaming with China’s Tencent Holdings Ltd. on new approaches to disease, raised $25 million for clinical studies of its health technology.
Looka lays off 80 percent of staff as failed rebrand from Logojoy cut revenue in half(BETAKIT)
Looka, the Toronto startup that uses AI and machine learning to design logos, has laid off 80 percent of its employees, BetaKit has learned.
Reonomy raises $60 million for AI-powered property research tools(VENTUREBEAT)
CEO Rich Sarkis said the fresh funding will bolster Reonomy’s R&D efforts while enabling it to scale its business to Canada, the U.K., and other international markets following “strong” customer demand.
Mylo raises $10 million Series A with support from National Bank, Desjardins(BETAKIT)
Montreal-based FinTech startup Mylo has raised $10 million in Series A financing for its saving and investing.
Nightfall emerges from stealth with $20M for a cloud-native data loss prevention platform(TECHCRUNCH)
The company bills itself as the industry’s first cloud-native data loss prevention platform.
Chip startup Untether AI announces $9.2 million in funding closed in May(BETAKIT)
Toronto-based chip startup Untether AI recently announced that it has raised an additional $9.2 million CAD, which was originally closed in May of this year.
RedMarlin raises $10 million to fight counterfeiting with AI(VENTUREBEAT)
The funding comes after a year in which RedMarlin’s revenue grew tenfold.
Coveo raises $227 million CAD to pursue “aggressive” growth in AI e-commerce market(BETAKIT)
On Wednesday, Coveo announced it has raised $227 million CAD in a later stage investment round led by OMERS Capital Private Growth Equity Group.
Canada is denying travel visas to AI researchers headed to NeurIPS — again(VENTUREBEAT)
Canadian immigration officials in 2018 voiced concerns that attendees wouldn’t leave the country when the conference was over.
