Alberta allocates $30 million to AI as part of new innovation strategy
Amount part of $73 million total promised to provincial tech plan in 2022 budget.
AI
TD chief AI officer, CDL-Toronto lead team up with health expert for new healthtech startup, Signal 1
Signal 1 secured $12.7 million from Geoffrey Hinton, former Rogers CEO, others.
Canvass Analytics secures $5.7 million from federal government to double Toronto workforce
Canvass’ no-code platform lets manufacturers predict the future.
Shopify makes strategic investment in US AI recommendation startup Crossing Minds
Crossing Minds plots Canadian expansion with new Toronto office.
Telus backs new social impact fund focused on community safety and wellness in Edmonton
ScaleGood Fund to invest in grads of the Telus Community Safety and Wellness Accelerator.
A|I: The AI Times – Scale AI everywhere
Plus: Scale AI moves to scale supply chain AI startups with new funding, partnerships.
Ontario utility agencies back BluWave-ai project to manage increased EV power grid use
“We know EVs are coming … so we want to be prepared.”
Volta opens applications for second Scale AI-supported supply chain program
Scale AI also works with innovation hub MaRS on a supply chain program.
A|I: The AI Times – Meta’s AI exodus, OpenAi’s revolution
Plus: Meta’s A.I. exodus: Top talent quits as the lab tries to keep pace with rivals.
Alberta launches new innovation strategy focused on attracting tech talent, capital
Plan contains minimal details on how budget funding will be allocated.
University of Alberta spinout DrugBank closes $9 million from Brightspark, Amplitude, Theodorus to fuel drug discovery with its data platform
DrugBank wants to ‘be the shovel’ in a gold rush of new medical innovation.
Scale AI moves to scale supply chain AI startups with new funding, partnerships
Cluster partners with MaRS to support second Supply AI cohort.
A|I: The AI Times – Canada gets more Meta
Plus: An ex-employee at Google’s AI firm DeepMind accused the company of mishandling her complaints of sexual harassment:…
FutureFit AI raises $5.7 million to scale career navigation platform
JPMorgan Chase, Acumen America co-led the round.
Canadian startups in Y Combinator tie all-time high at Winter 2022 Demo Day
For the second time, 16 Canadian startups participated in a YC cohort.