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Overbond to launch three AI analytics labs in Montreal for R&D in bond pricing(BETAKIT)
The R&D Labs initiative will be part of the Fintech Station, an accelerator launched by Finance Montreal, and will also be part of the venture community hub, Espace CDPQ.
Ascend CEO Sean Knapp: Focus, Speed and Intensity Are The Three Key Ingredients for Startup Success(MICROSOFT)
For Sean, success revolves around ingraining these three facets into a company’s culture. A team that can operate with focus, speed, and intensity is unstoppable – and it’s one of the unique advantages startups have overall in the market.
Nvidia breaks records in training and inference for real-time conversational AI(TECHCRUNCH)
Nvidia’s breakthroughs aren’t just cause for bragging rights — these advances scale and provide real-world benefits for anyone working with their NLP conversational AI and GPU hardware.
NEXT Canada celebrates cohorts at Venture Day, receives $1 million investment(TECHNOLOGYREVIEW)
At Venture Day, NEXT Canada also recognized the top companies and entrepreneurs for their progress and achievements during the programs.
A.I. Is Learning From Humans. Many Humans.(NYTIMES)
Artificial intelligence is being taught by thousands of office workers around the world. It is not exactly futuristic work.
Toronto-based proptech Properly raises $22 million Series A(BETAKIT)
Properly, a Toronto-based proptech startup, has closed a $22 million Series A financing round, consisting of $12 million in equity and an initial $10 million debt facility.
AI startup Orbo.ai raises $1.6M from YourNest Ventures, Venture Catalysts(YOURSTORY)
Mumbai-based Orbo.ai plans to use the investment to ramp up its AI-based research efforts and to further create a seamless and automated visual enhancement stack.
Facebook’s human-AI blend for audio transcription is now facing privacy scrutiny in Europe(TECHCRUNCH)
Facebook’s lead privacy regulator in Europe is now asking the company for detailed information about the operation of a voice-to-text feature in Facebook’s Messenger app and how it complies with EU law.
Fiix acquires US-based Alchemy IoT(BETAKIT)
Fiix has acquired Colorado-based Alchemy IoT, an industrial asset intelligence company, in order to bring AI to Fiix’s maintenance and asset management software.
OpenSpace raises $14 million for AI platform that visually tracks construction projects(VENTUREBEAT)
The global construction market will be a $12 trillion industry by 2022, according to a recent Construction Intelligence Center (CIC) forecast.
Polarity raises $8.1M for its AI software that constantly analyzes employee screens and highlights key info(TECHCRUNCH)
Interestingly, the enterprise-centric startup pitches itself as an AR company, augmenting what’s happening on your laptop screen much like a pair of AR glasses could.
SomaDetect closes $2.6 million CAD seed round for dairy farming sensor technology(BETAKIT)
Fredericton-based SomaDetect, which has developed a sensor that helps farmers measure milk quality, has completed a $2.6 million CAD ($2 million USD) seed round.