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.
AI
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.
D-Wave lists on New York Stock Exchange following close of SPAC deal
D-Wave’s stock price jumped as much as 30 percent on opening day.
A|I: The AI Times – DeepMind cracks biology’s biggest problem
Plus: Google Is Selling Advanced AI to Israel, Documents Reveal.
Four Canadian companies selected for inaugural CB Insights Advanced Manufacturing 50 list
BenchSci, Vention among Canadian startups in the list.
A|I: The AI Times – A giant wave of machine-learning acquisitions
Plus: Stradigi.ai says it’s still alive.
Accenture continues Canadian tech acquisition spree with Solvera Solutions, Eclipse Automation
Accenture has acquired six Canadian companies since 2020.
BrainBox AI’s Series A round reaches $30 million following EDC top-up
BrainBox AI’s HVAC systems help buildings consume less energy.
Oncoustics secures $5.5 million CAD to help spot liver disease using AI
Startup aims to “decrease or eliminate” need for high-end imaging, painful biopsies.
A|I: The AI Times – Inside Apple’s struggle to build a self-driving car
Plus: Tesla AI leader Andrej Karpathy announces he’s leaving the company.
Intelligent City puts scaffolding in place to scale sustainable building solution
Intelligent City has secured $22 million CAD from investors like BDC.