Lemurian Labs secures $9 million in seed funding to expedite AI workloads at a lower cost
CEO says company can bring down the power consumption of AI models by 10-times.
AI
Rockwell Automation completes acquisition of Clearpath Robotics and its OTTO Motors division
Reportedly topping $600 million USD, the deal will keep the autonomous robotics startup in the Waterloo Region.
A|I: The AI Times – Canadian leaders sign Gen AI code of conduct, Shopify’s CEO wants fewer “referees”
Plus: Amazon rachets AI race with up to $4 billion investment in Anthropic.
Ocean Supercluster announces $20 Million Investment in nine new AI-powered ocean projects
The funding brings the national innovation focus of AI to aquaculture and coastal cleantech.
Scale AI announces $21 million for nine Canadian AI healthcare projects
The projects address a sector facing budgetary strain, high community needs, and a persistent labour shortage.
AI regulation is coming but Tobi Lütke is not “EFRAID”
AI isn’t a game but some leaders are looking for clear rules and referees. Others just want to keep building.
Healthtech startup Medreddie takes home the first Elevate Women+ Pitch Prize
Medreddie secures funding from The Firehood, Forum Ventures, BDC Capital’s Thrive Lab.
Neo Financial, Float, and Cohere headline LinkedIn’s sixth annual list of Canada’s top 15 startups
Neo Financial joins Wealthsimple as only companies to top list in multiple years.
Canada launches voluntary code of conduct for the responsible use of AI
Cohere, OpenText, Coveo, Ada among first signatories.
A|I: The AI Times – John Grisham, George R.R. Martin headline OpenAI’s latest copyright fight
Plus: ALL IN to showcase Canada’s AI at major conference.
The Québec-IBM Discovery Accelerator now has its quantum computer
The IBM Quantum System One in Bromont, Québec is the first quantum computer of its type in Canada.
UK-based Captain AI will relocate to Canada after closing $2.1 million USD to serve restaurants in North America
GreenSky, Techstars-backed Captain AI already caters to Pizza Pizza.
Secoda closes $19-million CAD Series A to scale its data management AI copilot
As prompts supplant search, US investors Craft Ventures and Abstract Ventures back Secoda’s new AI-powered tools.
Waabi partners with Uber Freight to deploy its autonomous trucking tech
Waabi’s self-driving solution has already hit the road in Texas as part of 10-year agreement.
Vooban closes CDPQ investment to fund acquisitions and North American expansion
This marks the 12-year-old Québec AI firm’s first external funding.