A|I: The AI Times – The AI VC, oh my

VC meeting

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.

BlackBerry launches $50 million fund to work with AutoTech startups (BETAKIT)

In addition to supporting AutoTech startups with go-to-market, the BlackBerry IVY Innovation Fund aims to accelerate the expansion of BlackBerry’s IVY ecosystem.


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VC firms have long backed AI. Now, they are using it. (WALL STREET JOURNAL)

Some firms are using AI algorithms to help with investment decisions.

Enabling Bottom-up Entrepreneurship in Canada (BETAKIT)

How can Canadian tech support & enable more entrepreneurs in Canada? What are the tools & mechanisms required? Join Harley Finkelstein (Shopify), Douglas Soltys (BetaKit), and Andrew D’Souza and Michele Romanow (Clearbanc) for a Clubhouse Chat on how to build a network of bottom-up over top-down support!

AI software developed in N.S. provides glimpse into wild and murky Bay of Fundy (CBC)

The ferocious tides that have so far thwarted efforts to generate renewable electricity on a large scale also make it difficult to get a picture of what’s down there.

Microsoft expanding Canadian presence with cloud hub, data centre, 500 hires in Vancouver (BETAKIT)

“Microsoft is committed to helping Canada emerge from the pandemic stronger than ever.”

Dataminr raises $475M on a $4.1B valuation for real-time insights based on 100k sources of public data (TECHCRUNCH)

Dataminr has confirmed that this Series F values the company at $4.1 billion as it gears up for an IPO in 2023.

Deloitte spin-out company Arteria AI raises $13.7 million CAD Series A round (BETAKIT)

Arteria was first developed at professional services firm Deloitte under the name dTrax. The solution is designed to help organizations contract faster and turn executed contracts into data.

AI could enable ‘swarm warfare’ for tomorrow’s fighter jets (WIRED)

A Pentagon project is testing scenarios involving multiple aircraft that could change the dynamics of air combat.

Google reveals 12 startups in second cohort of Canadian accelerator (BETAKIT)

Participating startups will receive mentorship and technical product support from Google, and take part in workshops on product design, customer acquisition, and leadership development.

Tesla’s autopilot technology faces fresh scrutiny (NEW YORK TIMES)

Federal regulators are investigating 23 recent accidents in which drivers were, or may have been, using the automatic steering and braking system.

Josh Scott

Josh Scott

Josh Scott is a BetaKit reporter focused on telling in-depth Canadian tech stories and breaking news. His coverage is more complete than his moustache.

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