Augmenta closes $14.4 million CAD to advance quest towards AI-driven building design
Autodesk alums plan to refine electrical system tech, move into plumbing and mechanical.
AI
Canadian government opens $300-million AI Compute Access Fund in latest AI commitment
Fund follows recent refresh of feds’ AI Advisory Council and release of public service AI strategy.
Leaders discuss the right speed for innovation and regulation at Remarkable AI conference
Vector Institute event also explored the role of reinforcement learning and Canada’s compute needs.
Toast wants women to take a radical step this International Women’s Day: rest
#WithoutHer campaign asks men to assume more responsibility for uplifting women in tech.
Toronto and Ottawa area companies receive $32 million in AI-focused FedDev funding
Ada, Mission Control, and Loop Financial among supported companies.
Shopify merchants can now prompt AI to design a store theme
Merchants can generate up to three free personalized themes with a description of their business.
New Turing Award winner Richard Sutton calls doomers “out of line,” talks path to human-like AI
Sutton joins Canadian peers Yoshua Bengio and Geoffrey Hinton in winning “Nobel Prize of computing.”
Sanctuary AI, Nexera, and Novarc make deals and developments in busy week for Vancouver robotics companies
Nexara nabs funding from BDC, Novarc strikes a partnership, and Sanctuary AI’s robots get touchy.
TandemLaunch closes $37-million Fund IV to create and back deep tech startups
Through VCCI, feds support the firm’s plans to launch new Montréal companies.
Former EventMobi, Voiceflow leaders secure $2 million CAD to tackle retail merchandising with Merchkit
Startup aims to help retailers cut product launch timelines, operational costs via AI.
Avitia launches AI-powered cancer diagnostics platform with assets from defunct Imagia Canexia
CEO James Lumsdaine secures $5 million seed round from firm where he is also a partner.
Promise Robotics opens second factory to help increase Canadian housing supply
Calgary plant for home builder robots expected to start production this summer.
Non-profit organizations receive nearly $40 million as part of latest AI-focused CanCode program
Federal funding aims to support 22 orgs teach coding, data analytics, and AI skills to 1.5 million students.
Using AI, University of Toronto team claims development of strongest nanomaterial yet
Team claims the nanomaterial can support over a million times its mass.
CMD Capital halts fundraising amid “tough” VC market
Experienced early-stage VCs say the “timing and context are wrong for us to raise a first-time fund.”