Canadian unicorns Neo Financial, Ada lead LinkedIn’s 2022 Top Startups list
byApplyBoard appears on list for fourth consecutive year.
AI
A|I: The AI Times – Raptors analytics department puts a number on Kawhi Leonard’s buzzer beater
byPlus: AI industry preps for new era of regulation.
Avidbots closes $70 million USD Series C round to grow fleet of commercial cleaning robots
byAvidbots will also open a new, 70,00 square foot headquarters in Kitchener-Waterloo.
Ten years after revolutionary Geoffrey Hinton paper, AI headed towards new era of regulation
byElevate Festival stage explores AI’s use in healthcare, climate change, and … Raptors games.
IMAX acquires video quality solutions startup Ssimwave in $28.3 million CAD deal
byDisney, Paramount Global among mutual partners of Ssimwave, IMAX.
AI startup Ada cuts 16 percent of its workforce
byCEO cites tightening economy as Ada cuts 78 positions.
A|I: The AI Times – Exploring the city Google couldn’t buy
byPlus: Protein industries secures $30 million, launches AI-focused co-investment program.
BC Tech Association reveals four finalists for 2022 startup award
byFinal winner will be named on Oct 6th at the Technology Impact Awards gala.
Protein Industries Canada secures $30 million from Pan-Canadian AI Strategy, launches AI-focused co-investment program
byApplications for the new program are open until October 26.
Mila, Intel expand partnership to use AI for addressing climate change, digital biology
byIntel initially teamed up with Mila last April to accelerate drug discovery.
A|I: The AI Times – The AI chip war goes hot
byPlus: Startup behind AI image generator in talks to raise at a valuation up to $1 billion.
Led by ex-Vidyard employees, HyperComply wants to get rid of security questionnaires
byAfter closing $6.4 million USD in January, HyperComply launched a product to automate due diligence.
A|I: The AI Times – This AI won top prize at the state fair
byPlus: Five months in, details on Canada’s new Innovation and Investment Agency remain sparse.
Thoughtwire, Finaeo make staff cuts as Canadian tech continues to face economic headwinds
byBoth companies are staying mum on the number of employees cut.
A|I: The AI Times – AI companies secure massive funding despite economic downturn
byPlus: D-Wave, Coveo, Canada Drives among companies receiving collective $50 million for Scale AI projects.