Protein Industries Canada secures $30 million from Pan-Canadian AI Strategy, launches AI-focused co-investment program
Applications for the new program are open until October 26.
AI
Mila, Intel expand partnership to use AI for addressing climate change, digital biology
Intel initially teamed up with Mila last April to accelerate drug discovery.
A|I: The AI Times – The AI chip war goes hot
Plus: Startup behind AI image generator in talks to raise at a valuation up to $1 billion.
Led by ex-Vidyard employees, HyperComply wants to get rid of security questionnaires
After closing $6.4 million USD in January, HyperComply launched a product to automate due diligence.
A|I: The AI Times – This AI won top prize at the state fair
Plus: Five months in, details on Canada’s new Innovation and Investment Agency remain sparse.
Thoughtwire, Finaeo make staff cuts as Canadian tech continues to face economic headwinds
Both companies are staying mum on the number of employees cut.
A|I: The AI Times – AI companies secure massive funding despite economic downturn
Plus: D-Wave, Coveo, Canada Drives among companies receiving collective $50 million for Scale AI projects.
Three Canadian startups selected for Google’s latest Women Founders accelerator cohort
Blossom Social, Emaww, MedEssist represent Canada in the third installation of Google’s accelerator.
A|I: The AI Times – Who owns DALL-E images?
Plus: Elon Musk approaches Synchron.
D-Wave, Coveo, Canada Drives among tech companies receiving collective $50 million for Scale AI projects
The projects in this cohort vary from AI integrations in finance to transportation.
A|I: The AI Times – D-Wave goes public after close of SPAC deal
Plus: Hyundai announces $400M AI, robotics institute powered by Boston Dynamics.
Canvass Analytics secures $3.3 million USD top-up for Series A round
Yamaha Motor Ventures backs Canvass again after its initial investment in 2020.
A|I: The AI Times – Behind the push to call AI sentient
Plus: Meta’s chatbot won’t stop talking about itself.
Bootstrapped since 2008, Evidence Partners closes $20 million to tackle automated literature review market
Evidence Partners caters to more than 60% of the world’s largest pharma, medical device companies.