Wyvern announced two international partnerships this week that will bring its hyperspectral earth imaging to Saudi Arabian agriculture and the US oil and gas sector. The Edmonton-based company announced on Wednesday that it is partnering with Neo Space Group (NSG), a Riyadh-headquartered commercial space services company launched in 2024 by the Public Investment Fund, Saudi…
In a famous episode of the cult classic TV show Futurama, protagonist Philip J. Fry eats an expired egg salad sandwich and ends up with intestinal worms that fortify his body and turn the slouching anti-hero into a hunky intellectual. Unfortunately, in the real world, intestinal worms are a much different story. Intestinal parasites like…
One of Canada’s big five banks has bought a Toronto-based FinTech startup to grease the wheels of its mortgage process. Being the founder and CEO of Pinch “has been the greatest privilege of my life.” Andrew Wells, Pinch The Royal Bank of Canada (RBC) announced on Wednesday that it had acquired Pinch Financial, but did…
The Government of Manitoba is launching public consultations on AI that will inform future provincial policy. Mike Moroz, Manitoba’s innovation and technology minister, announced the consultations earlier this month, saying feedback from Manitobans was aimed at “confronting the growing risk posed by artificial intelligence.” “AI is advancing faster than most people realize, and with that…
Dr. Alejandro Adem is president of the Natural Sciences and Engineering Research Council of Canada and a mathematics professor at the University of British Columbia. Dr. Arvind Gupta is a professor and academic director in the Department of Computer Science at the University of Toronto. He was also a member of the federal government’s AI…
BY THE OPTIMIST DAILY EDITORIAL TEAM Age-related macular degeneration eliminates the center of your vision – the ability to read, to recognize faces, to see what’s right in front of you. For the more than five million people worldwide living with its most advanced form, geographic atrophy, that loss has always been permanent. A new…
BY THE OPTIMIST DAILY EDITORIAL TEAM Immunotherapy has reshaped cancer treatment over the past decade. It has worked for melanoma, lung cancer, and several other tumor types. Prostate cancer, though, has largely been left out. Researchers classify it as “immune-cold,” meaning the body’s immune system doesn’t recognize or attack it effectively, making it resistant to…
Vancouver-based legal AI startup Walter has been acquired by Stockholm legaltech giant Legora as big players in the sector gear up to fight in a competitive market. “When we saw what the Walter team had built, we immediately recognized a shared philosophy.” Max Junestrand,Legora The two companies announced the acquisition on Wednesday morning, just one…
Québec City startup Femtum has raised $16 million CAD to help semiconductor manufacturers on a microscopic level. Femtum has developed a flagship laser cleaning and laser trimming solution designed for high-precision wafer-level semiconductor processing, a process that’s so precise it’s measured in microns. Femtum claims its lasers outperform standard semiconductor microprocessing and laser patterning methods…
Vancouver-founded, San Francisco-based Gumloop has raised a $50 million USD ($68 million CAD) Series B round to help enterprise employees automate their work. One of Gumloop’s core tenets is to “give people UX they rave about.” Gumloop sells its platform to enterprise companies like Ramp, Shopify, and Instacart. The platform lets employees create their own…
