The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the globe. If you want to read A|I before anyone else, make sure to subscribe using the form at the bottom of this page.
Report: Canadian tech investment hits record $1.3 billion CAD in Q1 2018(BETAKIT)
Q1 2018 saw AI investment increase by 88 percent with $106 million ($83 million USD) invested across eight deals.
Google’s Sergey Brin warns of the threat from AI in today’s ‘technology renaissance’ (THEVERGE)
Google co-founder says the company is giving ‘serious thought’ to problems like job destruction.
Waze signs data-sharing deal with AI-based traffic management startup Waycare (TECHCRUNCH)
The deal will allow the companies to combine anonymized navigation information crowdsourced from the 100 million drivers who use Waze with Waycare’s proprietary traffic analytics.
RBC’s Borealis AI expanding into Vancouver this fall (BETAKIT)
Borealis AI already has labs in Edmonton and Toronto, and announced a Montreal location in November 2017.
Adobe acquires Uru, an AI startup that embeds ads in videos (VENTUREBEAT)
The Uru team will be working on Adobe Sensei, a nebulous umbrella encompassing all of the company’s work with AI across its entire suite of products.
Allegro.AI nabs $11M for ‘deep learning as a service’, for businesses to build computer vision products (TECHCRUNCH)
The funding round was led by MizMaa Ventures, with participation from Robert Bosch Venture Capital GmbH, Samsung Catalyst Fund, and Israeli fund Dynamic Loop Capital.
AI researchers are making more than $1 million, even at a nonprofit (NYTIMES)
One of the poorest-kept secrets in Silicon Valley has been the huge salaries and bonuses that experts in artificial intelligence can command. Now, a little-noticed tax filing by a research lab called OpenAI has made some of those eye-popping figures public.
Canvass Analytics’ Steve Kludt on AI’s need for speed (BETAKIT)
“A lot of companies don’t think of themselves as an AI company, but there’s still a place for AI in your product.”
Australia’s AI video startup Oovvuu raises $3.8M (DEALSTREETSASIA)
The funding round was co-led by Cygnet Capital and CapitalPitch.
Edmonton could be leader in developing uses for artificial intelligence, expert says (CALGARYHERALD)
Edmonton could become a major centre for developing ways to use the artificial intelligence (AI) that will probably drive the world’s next industrial revolution, a top scientist in the field says.
TechAide AI conference raises $100,000 for United Way’s Centraide (BETAKIT)
Centraide is a non-profit working to fight poverty and social exclusion in the greater Montreal area.
Europe eyes boosting data re-use and funds for AI research(TECHCRUNCH)
The European Union’s executive body has taken a first pass at drawing up a strategy to respond to the myriad socio-economic challenges around AI technology and draw up an ethical and legal framework for steering AI developments by the end of the year.
