Areto Labs secures $1 million to address online abuse with machine learning
Areto Labs aims to help sports teams protect star athletes from social media trolls.
AI
A|I: The AI Times – Meta shakes up AI unit
Plus: ‘AI’ Shopping Startup Exaggerated Tech Capabilities to Potential Investors.
Babbly secures $3.2 million CAD to scale speech development software for children
The Toronto startup aims to decipher babies’ babbling.
Maropost acquires Swedish AI startup Findify for over $4.45 million USD
Findify’s clients include Victoria Beckham, Pharell Williams, and a Kardashian.
Orna raises over $1 million in seed funding to bolster AI-powered cybersecurity platform
Orna is working on using blockchain tech for secure data storage.
Delphia closes $60 million USD to improve AI-driven investment platform with user-owned data
Delphia taps into crypto as reward for users that provide data.
A|I: The AI Times – Borealis’ ‘big leap forward’
Plus: AI Is New but Not Immune From Old Rules, Bank Regulators Say.
Québec’s innovation minister “not happy” with province’s R&D commercialization
With new $7.5 billion SQRI2 strategy, Minister Pierre Fitzgibbon aims to close the productivity gap with Ontario.
Penny AI raises $33.9 million CAD Series B to expand direct sales solution
Penny’s platform supports sales consultants in over 60 countries and 25 languages.
A|I: The AI Times – Is Canada’s IP strategy paying off?
Plus: The alarmingly accurate face search engine anyone can use.
Manzil looks to expand Halal financial services platform with $2.44 million CAD, acquisition of Muslim Will
Manzil’s mandate is “to bring a digital Islamic financial institution to Canada.”
Able Innovations announces $7.5 million to take the pain out of patient transfer
Amid staffing shortages, Able aims to enable healthcare workers to “do more with less.”
Memorial University to launch two innovation initiatives with support from feds, provincial government, IBM Canada
IBM’s contribution includes hardware, software, staffing.
Worximity secures $14 million for smart factory analytics tech
Worximity part of the push towards the ‘Fourth Industrial Revolution.’
A|I: The AI Times – Xanadu’s quantum computer
Plus: Five Canadian startups crack CB Insights’ 2022 AI 100 list