Layoffs persist at Canadian tech companies amid bleak outlook for 2023
FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.
AI
Successful use of AI in government means doubling down on human and democratic values
UofT’s Peter Loewen says citizen trust in government AI use is “still a work in progress.”
AltaML, Waabi, TrojAI among Vector Institute’s 20 Canadian AI startups to watch for 2023
The list was narrowed down from 150 startups.
Ferme d’Hiver raises $46 million CAD to replace 10 percent of Canada’s strawberry imports
Ferme d’Hiver aims to juice Canada’s domestic strawberry supply.
A|I: The AI Times – ChatGPT: charming but flawed
Plus: Apple’s long rumoured self-driving car is pushed back.
Innovobot holds initial close of targeted $40 million fund to invest in “deep tech for good”
The fund has secured $14 million from entrepreneurs and family offices.
Perceiv AI raises $1.5 million to better predict the progression of diseases
Startup’s platform initially focused on improving outcomes for Alzheimer’s patients.
Google opens applications for fourth Startups Accelerator Canada cohort
Helcim, MintList, were among participants of the previous group.
A|I: The AI Times – Turing tested: ChatGPT is craaaazy
Plus: Private AI secures $10.7 million.
Private AI secures $10.7 million CAD to protect personal data from privacy breaches
Microsoft, BDC, Twilio alum are among Private AI’s investors.
A|I: The AI Times – Unpacking 10 years of AI funding
Plus: Are we running out of data to train language AI?
Sanctuary secures $30 million from Canada’s SIF to build robots with human-like intelligence
The AI startup is expected to hire more than 160 employees.
Durable aims to help solo entrepreneurs launch service-based businesses with AI
Durable has closed $6.25 million USD to date from US investors.
RailVision Analytics closes $5.5 million CAD to cut train emissions by curbing fuel consumption
Trucks choo-choo chooses RailVision following successful pilots with Via Rail, Metrolinx.
Nortel alum-turned-mystery novelist combines her tech and writing background with Fictionary
Fictionary’s $1.8 million round one of the first investments out of BDC’s Thrive Venture Fund.