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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.”
Calling Canadian health tech entrepreneurs: pitch your startup to leading North America health industry CEOs!
Accenture’s Health Tech Innovation Challenge brings together start-ups and larger health organizations to tackle the world’s biggest health issues. Now in its fifth year, the challenge gives start-ups the chance to pitch their innovative ideas to leading CEOs from across the healthcare industry in Canada and the US. Entrepreneurs will gain exposure to judges who represent the broad spectrum of Accenture’s clients in healthcare, insurance, life sciences, and government.
Deadline is July 2 – apply today!
Self-driving truck startup Embark to go public in $5.2 billion SPAC deal (WALL STREET JOURNAL)
Embark is the latest self-driving truck firm to tap public markets in recent months, joining Plus and TuSimple.
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.
Boston Dynamics is officially part of Hyundai Motor Group (ARS TECHNICA)
Car manufacturing expertise could supercharge Boston Dynamics’ commercial hopes.
Montréal’s Aifred Health wins second place at IBM AI XPRIZE competition (BETAKIT)
When Aifred Health was revealed to be in the top three finalists in February, the company said it planned to use its prize money, as well as its seed funding, to fund the clinical trial required for regulatory approval of its solution.
AI drug discovery platform Insilico Medicine announces $255 million in Series C funding (TECHCRUNCH)
It’s also yet another indicator that AI and drug discovery continues to be especially attractive for investors.
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.
How AI is taking over our gadgets (WALL STREET JOURNAL)
AI is moving from data centers to devices, making everything from phones to tractors faster and more private. These newfound smarts also come with pitfalls.
Toyota-backed self-driving startup Pony.ai considers going public (REUTERS)
“For autonomous driving, it’s a big opportunity. But at the same time, it’s a long term, big opportunity,” CEO James Peng said in an interview with Reuters.
LinkedIn’s job-matching AI was biased. The company’s solution? More AI. (MIT TECHNOLOGY REVIEW)
ZipRecruiter, CareerBuilder, LinkedIn—most of the world’s biggest job search sites use AI to match people with job openings. But the algorithms don’t always play fair.
Two US startups with Canadian roots, Moonshot and Nylas, secure combined $280 million (BETAKIT)
Nylas provides productivity infrastructure solutions for developers, while Moonshot aims to build a portfolio of profitable e-commerce brands.
How Twitter hired tech’s biggest critics to build ethical AI (PROTOCOL)
Twitter’s META team is made up of some of tech’s most notorious critics, and two more will soon be joining them: Sarah Roberts and Kristian Lum.