After buying Cyclica and Valence, Recursion secures $50 million USD from Nvidia for AI drug discovery
The US biotech firm opened a new Canadian HQ in Toronto last month.
AI
Shopify teases AI assistant for entrepreneurs, Sidekick
Shopify said Sidekick can help with designing storefronts, developer documentation, economic trends analysis.
Sampler acquires AdMass’s tech, founders to add AI, user-generated content to its product sampling platform
The deal marks Sampler’s second acquisition in four months.
Hypercontext completes HR pivot with new AI-powered performance management tool
The startup promises ‘performance reviews so easy, they write themselves’—but what are the risks?
Protein Industries Canada offers $10 million to help grow AI use in food sector
AI is being applied to the plant-based food industry’s efforts to satisfy ever-changing consumer demands.
Tiptap and Omnirobotic pursue restructuring after startups fail to raise additional funding
As VC financing has dried up, a growing number of Canadian tech firms are running out of cash.
Vector Institute, Kids Help Phone team up to expand use of AI in mental health services
Kids Help Phone said AI will help its staff adapt to the way young people speak.
Thoughtworks’ Rebecca Parsons on using threat models to prevent AI peril
“I don’t think the world will be destroyed by AI but I’m more worried about it than I was before.”
AI risks: overblown, existential threat, or something else? VCs and tech experts disagree
Geoffrey Hinton says AI systems may one day develop ‘goals of their own.’
A|I: The AI Times – PitchBook says VC is done for 2023, but AI startups continue to raise
Plus: OpenAI’s personal assistant plans may spark a rivalry with benefactor Microsoft.
Shakudo closes $9.5-million CAD Series A to help companies adopt generative AI
GreatPoint-backed Shakudo is led by AI experts from Georgian, Borealis AI, and BMO.
GeologicAI closes $30-million USD Series A to develop AI-powered robot geologists
Bill Gates-founded Breakthrough Energy Ventures has bet on GeologicAI’s bots.
AWS, NVIDIA launch global FinTech accelerator for seed-stage startups
The accelerator aims to help FinTech companies using AI and machine learning in financial services.
A|I: The AI Times – Can Québec’s Quantum Innovation Zone fill Canada’s D-Wave-sized hole?
Plus: AWS investing $100 million in generative AI center.
Harvest Venture Builders adopts AI focus with new climate and energy vertical
Leaders from energy, FinTech sectors appointed to support Harvest’s new vertical.