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DMZ partners with Index Exchange to help AI startups connect with corporates(BETAKIT)
On October 16 and 17, Toronto’s DMZ and Index Exchange are hosting an event with the goal of helping AI startups connect with executives.
The fight against deepfakes(VENTUREBEAT)
A slate of projects have emerged to detect deepfakes and other image- and video-tampering techniques. Here’s how they’re doing.
Praemo raises $3.5 million to develop industrial IoT platform(BETAKIT)
Kitchener-based Praemo, which uses industrial IoT data to provide insights to enterprises, has raised a $3.5 million Series A.
Workplace digital assistant startup Capacity raises $13.2M from Midwestern VCs(TECHCRUNCH)
The company just closed a $13.2 million Series B, funded entirely by Midwestern private investors and angels.
H2O raises $72.5 million to simplify enterprise AI deployment(VENTUREBEAT)
H2O announced that it has raised $72.5 million in a round led by Goldman Sachs and the Ping An Global Voyager fund, with continued investments from Wells Fargo and Nexus Venture Partners.
China AI startup to file for Hong Kong IPO soon despite protests(BLOOMBERG)
Chinese artificial intelligence startup Megvii is filing documents soon for a Hong Kong initial public offering that could raise as much as $1 billion.
Drop closes $58 million CAD Series B with eyes on accelerated growth, going public(BETAKIT)
Mobile rewards startup Drop has closed a $58 million CAD ($44 million USD) Series B to help accelerate its growth and allow it to enter into new markets.
Meet the researchers working to make sure artificial intelligence is a force for good(TIME)
AI has plenty of success stories, with positive outcomes in fields from healthcare to education to urban planning. But there have also been unexpected pitfalls.
Xanadu, BMO, Scotiabank joint project uses quantum for trading products(BETAKIT)
Toronto-based Xanadu has announced the findings of a joint proof-of-concept with BMO and Scotiabank.
Huawei unleashes AI chip, touting more compute power than competitors(ZDNET)
Huawei Technologies has officially unleashed its artificial intelligence (AI) chip Ascend 910, which it says has a maximum power consumption of just 310W–lower than its originally planned specs of 350W.
YC’s Earth AI closes funding for its platform to make mining less wasteful(TECHCRUNCH)
Previously, the startup had raised $1.7 million in two seed rounds from Australian VCs, AirTree Ventures and Blackbird Ventures, as well as angel investors.
Instead of practicing, this AI mastered chess by reading about it(TECHNOLOGYREVIEW)
Machines that appreciate “brilliant” and “dumb” chess moves could learn to play the game—and do other things—more efficiently.
League partners with Vector Institute to improve platform’s AI capabilities(BETAKIT)
Toronto-based League and the Vector Institute have partnered to offer resources in an effort to accelerate the development of machine learning and employee healthcare.
