Forcen closes $8.35 million in funding to develop its touch-tech for robots
The round was co-led by Brightspark Ventures and BDC Capital’s Deep Tech Venture Fund.
AI
AI and Web3 startup Inference Labs secures $2.3 million in pre-seed funding
Startup wants to create an open-source AI inference market.
AutoAlign spins off from Armilla AI, launches firewall solution for LLMs
The solution guards against AI flaws while evolving alongside LLMs.
#Budget2024 emergency pod: spoiling for a fight
Canadian tech’s trust battery for the feds’ approach to innovation policy has drained.
Contango Digital Assets closes $5 million for “Blockchain x AI” seed fund
Backed by WonderFi CEO Dean Skurka, the fund seeks to support projects using both blockchain and AI.
A|I: The AI Times – The feds have used AI in nearly 300 projects
Plus: OpenAI prepares to fight for its life.
What’s in #Budget2024 for Canadian tech?
All eyes in Canadian tech are on AI, open banking, cleantech, and… taxes?
Untether AI to collaborate with semiconductor giant Arm on smart vehicle solutions
Untether says its energy efficient architecture is needed to support next-gen vehicles.
Vidyard rolls out AI avatars after securing funding from EDC and existing backers
With AI Avatars, Vidyard aims to facilitate “personalized video communications at scale.”
Pinterest is on a Toronto hiring spree to scoop up AI talent
CTO Jeremy King says company aims to use AI and ML to make Pinterest more “shoppable.”
Avidbots launches Kas, a smaller cleaning robot targeting new markets
Avidbots has slimmed down for hot bot summer.
Riskthinking.AI selected by OSFI to provide financial institutions with climate risk data
Exercise aims to encourage FIs to adopt sound climate risk management practices.
A|I: The AI Times – Microsoft and OpenAI team up to build $100-billion AI supercomputer
Plus: Feds pledge $2B to bolster AI compute, startups, and safety.
Intel says enterprises need choice to scale AI’s potential
To deliver usability at the enterprise level, AI needs open ecosystems, not walled garden tech.
Hootsuite to acquire social media analytics company Talkwalker
Hootsuite shifting from social media management to intelligence.