Meta to hire up to 2,500 workers in Canada, open engineering hub to build metaverse
Meta said Toronto will play an important role in creating the metaverse.
AI
A|I: The AI Times – Validere gasses up funding
Plus: Element AI co-founder calls out Big Tech for role in war.
ApplyBoard makes first acquisition, grabbing Panda Portal to train recruiters
ApplyBoard has rebranded Panda Portal to TrainHub.
Wisedocs closes $4.1 million to bring medical document analysis to “entire” insurance ecosystem
Wisedocs’ “bread and butter” is helping insurance orgs work with medical records.
Mila partners with Twitter’s data and machine learning team
Twitter wants Mila to ML your tweets.
A|I: The AI Times – Robots in space!
Plus: Can Mayday make your calendar smart?
Oil and gas tech startup Validere closes $55 million CAD with BlackRock backing
“In order to manage the energy transition well, environmental attributes cannot be managed in a silo.”
Scribble Data closes $2.2 million to help data science teams train machine learning models
Scribble Data aims to dip into Toronto’s machine learning talent pool.
Bloom secures $1.4 million CAD, launches AI-powered platform to measure e-commerce product photo performance
Bloom’s big picture vision is to match its algorithm with generative AI.
Corl secures $20 million in USD stablecoin for its revenue-based financing model
Digital assets backed by real-world commercial agreements will offset volatility, companies claim.
UofT spinout Halt AI launches tool to measure brands’ diversity across social media
Halt AI’s co-founders previously worked at AR beauty tech firm ModiFace.
Ontario commits $25 million as Canadarm3 manufacturer MDA creates $100 million space robotics centre
MDA combines space robotics with automation and artificial intelligence.
Clinia closes $5 million to scale B2B health search infrastructure
Montréal startup aims to be “first point of entry for health searches.”
A|I: The AI Times – Two astronauts join the mission to build human-like robots
Plus: This is the reason Demis Hassabis started DeepMind.
Quantum Algorithms Institute, Xanadu team up to increase talent pipeline in quantum computing
Xanadu also announced a partnership with semiconductor manufacturer GlobalFoundries.