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OMERS Ventures founder John Ruffolo paralyzed following biking accident (BETAKIT)
OMERS Ventures founder John Ruffolo has been paralyzed from the waist down following a cycling accident that took place in Markham, Ontario last week.
Xanadu launches photonic quantum cloud platform (BETAKIT)
Toronto-based quantum computing startup Xanadu on Wednesday announced the release of a publicly available photonic quantum cloud platform.
How to look past the résumé to find your next hire
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.
Hypatos gets $11.8M for a deep learning approach to document processing (TECHCRUNCH)
Process automation startup Hypatos has raised a €10 million (~$11.8 million) seed round of funding from investors including Blackfin Tech, Grazia Equity, UVC Partners and Plug & Play Ventures.
How Google Maps uses DeepMind’s AI tools to predict your arrival time (THE VERGE)
In the blog post, Google and DeepMind researchers explain how they take data from various sources and feed it into machine learning models to predict traffic flows.
This know-it-all AI learns by reading the entire web nonstop (MIT TECHNOLOGY REVIEW)
Diffbot is building the biggest-ever knowledge graph by applying image recognition and natural-language processing to billions of web pages.
Myst AI claims its AI energy prediction technology boosts utilities’ reliability (VENTUREBEAT)
Myst claims to combine AI techniques with “highly localized” time-series data from a range of vendors, improving forecasting accuracy by as much as 30% to 60%.
Felix & Paul, alliance of global telcos sign deal for immersive International Space Station series (BETAKIT)
Felix & Paul has signed a co-financing and distribution deal with an alliance of global telcos for a show that chronicles the lives of astronauts in space.
Algorithmic policing technology threatens Canadians’ privacy, says research group (IT WORLD CANADA)
The increasing use of algorithmic surveillance technologies by Canadian police threatens privacy and fundamental freedoms, says a University of Toronto technology and rights research group.
SoftBank leads $100 million investment in AI and digital therapeutics startup Biofourmis (FORBES)
Biofourmis announced that it raised a $100 million Series C round, led by Softbank Investment Advisers, to further expand and develop its product portfolio, which includes digital therapeutics for pain and cancer.
AI job listings plummet as COVID-19 recession appears imminent (THENEXTWEB)
According to experts, COVID-19 has stalled the once meteoric rise of available jobs for deep learning developers.
Removing animals from the food system: Climax Foods raises $7.5M seed for innovation (CRUNCHBASE)
CEO Oliver Zahn told Crunchbase News that using Climax Foods’ method will make the plant-based food taste similar or better than animal-based products.