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The funding is being made through FedDev Ontario, as part of the Strategic Innovation Fund, to help support the four organizations’ respective projects, with total project costs totaling $101.8 million, according to ISED.
Element AI and Gore Mutual Insurance Company are working together to integrate Element AI’s Underwriting Partner software with insurance company’s underwriting practice.
Industrial robotics giant Fanuc wants to make robots easier to train, therefore making automation more accessible to a wider range of industries, including pharmaceuticals.
Of more than 150 such experts drawn from a larger global survey on AI in the enterprise, almost 60% say their old job descriptions are rapidly becoming obsolete in light of their new collaborations with AI.
The international AI & Society research workshops will consider the economic, ethical, policy, and legal implications of artificial intelligence on society.
NuvoAir has now closed a financing round of $3 million led by venture capital firm Industrifonden, one of the largest life science and tech investors in the Nordics.
Cytora, a provider of artificial intelligence (AI) technology to transform commercial underwriting in insurance, has today closed a £25M series B funding round led by EQT Ventures.
The startup also announced the launch of a new product called Pilot Tax, which is part of its larger ambitions to handle all of its clients back-end operations.
ChalmersBot is a web-based chatbot that offers the homeless population real-time information on overnight shelters, clothing banks, drop-in facilities, and free meals in the city.
Offering a solution aimed at radiologists — and already deployed commercially across 100 sites — Aidoc claims to be able to detect high-level visual abnormalities from various types of medical scans.
PathAI, a startup that employs machine learning techniques to improve diagnostic accuracy, today announced that it’s raised $60 million in series B funding led by growth equity firm General Atlantic, with General Catalyst participating.
Facebook has confirmed a report from earlier today saying it’s working on an artificial intelligence-based digital voice assistant in the vein of Amazon’s Alexa and Google Assistant.
Powered by AI, Hartley claims that Cytora is able to distill the seven-day underwriting process down to 30 seconds via its API.