A|I: The AI Times – Scrutinizing facial recognition tech


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Eli Fathi retiring as MindBridge CEO (BETAKIT)

Fathi publicly announced his intentions this week, after informing MindBridge’s board of directors earlier this year.


Deadline is July 16 – Pitch your startup to leading North American health industry CEOs

Pitch your business idea to leading CEOs from Healthcare and Insurance companies across North America. Startups get valuable exposure to judges from some of the largest Health industry players in North America. Accenture’s Health Tech Innovation Challenge brings together startups and larger health organizations to tackle the world’s biggest health issues.

Deadline extended to July 16 – apply today!

AnyVision, the controversial facial recognition startup, has raised $235M led by SoftBank and Eldridge (TECHCRUNCH)

This Series C, one of the bigger rounds for an AI startup, is being co-led by SoftBank’s Vision Fund 2 and Eldridge, with previous investors also participating.

Micron Technology puts its cash to work using artificial intelligence (WALL STREET JOURNAL)

The Boise, Idaho-based memory-chip maker says it is earning millions of dollars in extra returns on its deposits thanks to an AI tool developed in house.

Hackers run startups now, too: what businesses need to know (BETAKIT)

Microsoft Canada Chief Security Officer Kevin Magee says startup leaders need to be more vigilant than ever in their security approach.

Intuit, Highline Beta launch new Prosperity accelerator for AI startups (BETAKIT)

The five-month program is aimed to accelerate the growth of seed-stage startups based in North America that use AI to power their financial solutions.

GitHub’s new tool uses AI to craft code. Some developers are furious (FAST COMPANY)

Some developers are frustrated over the way the time-saving tool for coders was built. Others are excited about its potential.

BBTV CEO Shahrzad Rafati on why ethical business decisions are good business decisions (BETAKIT)

Shahrzad Rafati explains how operating ethically is a smart financial decision, and shares how other founders can create broader impact through business.

A global smart-city competition highlights China’s rise in AI (WIRED)

Chinese entrants swept all five categories, featuring technologies to improve civic life. But the advances could also be tools for surveillance.

Semantic Health comes out of stealth to help hospitals use coded data (BETAKIT)

Semantic Health was founded in 2019 with the goal of helping hospitals improve their medical coding and auditing processes.

Michelle McBane on shrinking the gender investing gap in VC (BETAKIT)

On the #CIBCInnovationEconomy Podcast, Michelle McBane talked about the gender investing gap in VC, and what it means for women founders in Canada.

This manual for a popular facial recognition tool shows just how much the software tracks people (THE MARKUP)

One school using the software saw that a student’s face was captured more than 1,000 times during the week.

IBM to open new Toronto office, hire 500 across Greater Toronto Area (BETAKIT)

IBM said the transition to a single hub was “accelerated over the past year when virtual work environments became commonplace.”

AI voice actors sound more human than ever—and they’re ready to hire (MIT TECHNOLOGY REVIEW)

A new wave of startups are using deep learning to build synthetic voice actors for digital assistants, video-game characters, and corporate videos.

Josh Scott

Josh Scott

Josh Scott is a BetaKit reporter focused on telling in-depth Canadian tech stories and breaking news. His coverage is more complete than his moustache.

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