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.
1QBit xrAI is the company’s first healthcare product, and it received Health Canada approval in just one week after its finishing clinical trials.
“We’re partnering with Techstars Accelerator to host an Online Startup Weekend innovators around the world to tackle COVID-19-related solutions.”
– Adam Nanjee, Microsoft for Startups
Sales startup People.ai lays off 18% of staff, raises debt round amid COVID-19 uncertainty(TECHCRUNCH)
Another startup has turned to downsizing and fund raising to help weather the uncertainty around the economy amid the global coronavirus health pandemic.
Blue J Legal has received $2 million CAD from CIBC Innovation Banking.
The company said it would use the new funds to fuel international growth and invest further in product innovation.
Cam Linke is the newest CEO of the Edmonton-based Alberta Machine Intelligence Institute (Amii).
Security lapse exposed Clearview AI source code(TECHCRUNCH)
Although the repository was protected with a password, a misconfigured setting allowed anyone to register as a new user to log in to the system storing the code.
Feds expand eligibility criteria for small business loan program, introduce rent assistance program(BETAKIT)
The key change to the CEBA, announced Thursday morning, is an expanded for total payroll criteria.
In the main scheme, robo-advisors are merging customers’ information such as their financial goals, risk tolerances, timeframes, with the right asset allocation that qualifies customer’s needs.
After passing the 75 percent wage subsidy Canadian government shared additional details. Here is a breakdown of the program, who’s eligible, and how to apply.
Data helps the insurance company, the agency, and the customer make better predictions and choices.
Federal government commits additional $250 million in IRAP funding to support high growth startups(BETAKIT)
The Government of Canada is making an additional $250 million available through the existing Industrial Research Assistance Program (IRAP) program.
Andrew Ng’s startup Landing AI has created a new workplace monitoring tool that issues an alert when anyone is less than the desired distance from a colleague.