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Five Canadian startups named to CB Insights’ 2021 AI 100 list (BETAKIT)
“This year’s cohort spans 18 industries, and is working on everything from climate risk to accelerating drug R&D,” said CB Insights CEO Anand Sanwal.
Industry Insights: Selling into Financial Institutions and Regulated Enterprises
The art and science behind enterprise sales is complex, particularly when selling into heavily regulated industries. Join our panel of industry leaders who will share their insights, strategies for success and lessons learned.
Join us: Wednesday April 21, 2021 at 2:00PM EST
SoftBank invests $2.8 billion in Norwegian robotics firm AutoStore (CNBC)
Founded by Ingvar Hognaland, AutoStore has developed what it calls “cube storage automation.”
Self-driving truck outfit TuSimple targets $7.85 billion valuation leading up to IPO (SAN DIEGO UNION TRIBUNE)
The San Diego autonomous driving startup plans to sell shares in the $35 to $39 price range when it goes public at a yet to be determined date.
Deloitte Canada acquires Calgary-based AI and data firm Groundswell Group (BETAKIT)
Following the deal, Groundswell’s 133-person team will join Deloitte’s Canadian consulting practice, under Omnia AI.
Surveillance nation (BUZZFEED NEWS)
A BuzzFeed News investigation has found that employees at law enforcement agencies across the US ran thousands of Clearview AI facial recognition searches — often without the knowledge of the public or even their own departments.
Another prominent Google scientist is leaving the company amid fallout from fired AI researcher (CNBC)
One of the managers of Google Brain, Samy Bengio, announced Tuesday he’s leaving the company.
I called off my wedding. The Internet will never forget (WIRED)
In 2019, I made a painful decision. But to the algorithms that drive Facebook, Pinterest, and a million other apps, I’m forever getting married.
SoftBank, BlackRock lead $640 million funding for startup Trax (BNN BLOOMBERG)
The round valued Trax at more than $3 billion, according to people familiar with the matter, who asked not to be named because the information is private.
Peekapak, Cisco, and the C100 share advice for Canadian tech leaders who “leave it all on the field” (BETAKIT)
Laura Buhler (C100), Ami Shah (Peekapak), and Erin Hipp (Cisco) provide founders with tangible examples of how to adapt and transform in the face of change.
Snorkel AI scores $35M Series B to automate data labeling in machine learning (TECHCRUNCH)
It also announced a new tool called Application Studio that provides a way to build common machine learning applications using templates and predefined components.
Forget Boston Dynamics. This robot taught itself to walk with AI (MIT TECHNOLOGY REVIEW)
Slick, viral videos from Boston Dynamics are impressive but teaching a robot to walk by itself is a lot harder.