Rithmik secures $2 million to lower mobile mining equipment emissions
The funding will help increase the startup’s global footprint, establish partnerships, and improve its platform.
AI
With $45-million CAD Series B, PocketHealth gears up to continue North American expansion, AI push
Startup adds Round13, Deloitte, Samsung to fuel efforts to help patients understand their medical images.
A|I: The AI Times – Apple scoops up Waterloo startup DarwinAI
Plus: Canada may be losing ground in AI research race.
SEC orders Delphia to pay $225,000 USD for “false and misleading” statements about use of AI
Toronto startup one of two companies accused by US securities regulator of “AI washing.”
Google Canada provides $2.7 million in research grants to major Canadian AI institutes CIFAR, Amii, CEIMIA
The funding is aimed at supporting research into sustainability and responsible AI development.
Monadical launches Developer Capital to fund early-stage AI startups with help from its team of software devs
Montréal investment corp. has closed $2.5 million CAD, backing Unified.to and Rithmik.
DarwinAI acquired by Apple amid Big Tech arms race
Kitchener-Waterloo startup’s customers have included Lockheed Martin.
Ex-BDC partner aims to back early-stage “AI frontier” startups with Defined Capital
Fund has closed over a third of $15-million USD target from LPs like Inovia, Band, and BC tech entrepreneurs.
A|I: The AI Times – OpenAI says Elon Musk agreed to plans he is now suing them for
Plus: Feds intend to move on AI legislation without industry consultation.
Minerva thinks it can stop the flow of dirty money faster with AI
Following Equifax partnership, anti-money laundering platform targets major FIs.
Passwords are showing their age. Here’s the tech set to replace them
Biometrics and AI will shape the next era of cybersecurity.
A|I: The AI Times – Cohere will cover its customers sued for copyright violations
Plus: Six months after launch, Toronto’s Ideogram secures $80 million.
Tenstorrent founder reveals new AI chip startup Taalas with $50 million in funding
Startup says one of its chips can hold an entire large AI model without requiring external memory.
Miovision nabs Traffic Technology Services in second acquisition this year
Miovision acquired traffic data collection company CJ Hensch & Associates in January.
These tech companies are hiring machine learning engineers in Canada
Autodesk, Electronic Arts, and BenchSci are looking to beef up their AI teams.