A year after its fundraising failure, Omnirobotic emerges from restructuring as a profitable robot builder
Reborn Québec firm’s machines now serve cabinet manufacturers across North America.
AI
Midjourney competitor Ideogram closes $80-million USD Series A as it launches latest text-to-image model
The fundraise comes just six months after its $22.3-million seed round.
A|I: The AI Times – Nvidia rides the AI wave to a $2-trillion valuation
Plus: Yoshua Bengio calls for deepfake regulations.
Four Canadian companies selected to Comcast SportsTech Accelerator
Canada lead the pack with the highest number of companies in the global cohort.
Yoshua Bengio co-signs statement calling for new laws to combat deepfakes
One study cited a 3,000 percent increase in deepfake fraud last year.
Ontario companies receiving $17.2 million in federal funding to commercialize quantum solutions
Xanadu, High Q, ProteinQure among companies receiving funding.
A|I: The AI Times – OpenAI debuts Sora, a hyper-realistic text-to-video generator
Plus: How Vector Institute is reversing Canada’s AI brain drain.
Y Combinator and Yoshua Bengio-backed Armilla AI secures $6 million CAD in new funding
Armilla says its AI model warranty could have covered Air Canada’s chatbot snafu.
Maple VC co-leads $4-million USD seed round for Canadian-led Inference.ai
Palo Alto-based startup is the latest to receive investment from Maple VC.
Mining tech company GeologicAI acquires consultancy Resource Modeling Solutions
GeologicAI has developed “robot geologists” for the mining sector.
Unbounce among the latest #CDNtech companies making changes at the top
WeCook, Aifred Health, and Stream Systems have also made leadership changes this month.
A|I: The AI Times – Deepfaked: employee falls for $25M USD money transfer order
Plus: Google launches a re-branded Bard in Canada and AI flags abound.
Staircase Ventures bets on Sibli as VC firm reveals first four investments
Sibli uses AI to give asset managers “information advantage” when researching opportunities.
Fuelled by Well Health partnership, Healwell looks to apply AI to preventative care
Healwell AI zeroes in on M&A for growth after surgically removing its clinical footprint.
Vector Institute leaders chart AI hub’s progress and the challenges that remain
Experts discuss AI safety, regulation, and how Canada can maintain global leadership.