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Deep Genomics secures $226 million CAD led by SoftBank as it scales AI drug discovery platform (BETAKIT)
The round brings Deep Genomics total funding to date to around $302 million CAD.
How AI-powered tech landed man in jail with scant evidence (AP NEWS)
Williams sat behind bars for nearly a year before a judge dismissed the case against him last month at the request of prosecutors, who said they had insufficient evidence.
Nvidia-ARM takeover raises serious antitrust concerns, finds UK’s CMA (TECHCRUNCH)
A behavioral remedy offered by Nvidia was rejected by the CMA — which has recommended moving to an in-depth “Phase 2” investigation of the proposed merger on competition grounds.
Hootsuite nabs conversational AI startup Heyday in $60 million deal to further social commerce push (BETAKIT)
Heyday is Hootsuite’s second acquisition this year, following the purchase of automated messaging platform Sparkcentral.
Amid the labor shortage, robots step in to make the french fries (WALL STREET JOURNAL)
Fast-food chains are working with a host of startups to bring automation to their kitchens.
L2? L2.99? China and the U.S. are both failing to regulate self-driving cars (PROTOCOL)
Marketing language often refers to the future, not the present — and drivers in both countries are getting confused, and sometimes hurt.
Yaletown Partners raises $130 million in first close of Innovation Growth Fund II (BETAKIT)
IGF II follows Yaletown’s first Innovation Growth Fund, which closed in 2018.
Tech-industry AI is getting dangerously homogenized, say Stanford experts (FAST COMPANY)
With more and more AI built on top of a few powerful models, bias and other flaws can rapidly spread. Careful review in an academic environment could help.
How KitchenMate evolved its foodservice product for the post-pandemic workplace (BETAKIT)
“Offices need to accommodate higher safety requirements … and food service must be completely rethought as a result.”
Tesla promised a robot. Was it just a recruiting pitch? (WIRED)
The highlight of an event aimed at AI whizzes was a human simulating a robot that might someday replace a human.
XpertSea secures $25 million CAD to expand sustainable aquaculture solution to new markets (BETAKIT)
In 2018, XpertSea raised a $10 million Series A round to help farmers manage aquaculture inventory.
The world’s largest computer chip (THE NEW YORKER)
In the race to accelerate AI, the Silicon Valley company Cerebras has landed on an unusual strategy: go big.
With a new name and product, Wisedocs targets US expansion (BETAKIT)
Wisedocs’ CEO and founder Connor Atchison told BetaKit the startup recently changed its name to Wisedocs “to cater to a clearer representation” of what it does given “how agnostic [its] system is.”
China’s Baidu launches second chip and a ‘robocar’ as it sets up future in AI and autonomous driving (CNBC)
Baidu, known as China’s biggest search engine player, has focused on diversifying its business beyond advertising to artificial intelligence and driverless cars.