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Toronto-based Daisy Intelligence, which has created an AI-powered platform for retail and insurance, has raised $10 million in Series A financing.
“Microsoft and Eros are partnering to take Bollywood’s $5B movie industry global by developing a new platform, creating new offerings, and delivering personalized content – all using Azure.”
– Adam Nanjee, MD of Microsoft for Startups Canada
You don’t see a startup get a $50 million seed round all that often, but such was the case with Vianai, an early-stage startup launched by Vishal Sikka, former Infosys managing director and SAP executive.
The results are tailored to the preferences of both organizations and individuals, and they improve with time thanks to anonymized data mining and analytical techniques.
Neuvoo, a Montréal-based online employment platform, has raised $53 million from Caisse de dépôt et placement du Québec (CDPQ).
Facebook trained Fashion++ by showing the AI thousands of images of outfits that were deemed “fashionable.”
Sherbrooke, Que.-based Classcraft, which uses video games to help kindergarten to grade 12 students be more engaged at school, has closed a $10 million Series A.
The company intends to use the funds for the continued development of the platform.
Finger Food Advanced Technology Group, a Port Coquitlam, BC-based firm that builds custom technology solutions, is hiring 200 people in its new Calgary office.
The experiment shows how AI can become more sophisticated through competition.
When the restructuring was announced last year, DeepMind was accused of breaking a promise not to hand over any NHS data to the American search giant.
Five out of the current 32 semi-finalists in the global IBM Watson AI XPrize are Canadian. BetaKit spoke the startups about their vision of AI for good.
Lunchclub is a startup that’s looking to help users navigate finding new connections inside specific industries.
Its quantum computer can solve tasks that are otherwise unsolvable, a report says.