Organizing labels to classify insects found on farms (or on food); scanning a package to detect whether there’s a gun inside the box; calculating the best way to deliver medical treatment to astronauts in space. “Artificial intelligence is transforming governments.” Those are just a few of the more than 400 systems, across 42 departments, where…
As tech giants like Cohere and OpenAI face lawsuits over AI training methods that allegedly violate copyright laws, Versos AI is betting that companies want to buy training material they know they legally have the right to use. The Saint John, NB-based startup announced today it closed a $1.85-million seed round on November 14 that…
The head of Canadian tech’s loudest advocacy group is leaving to lead another key industry association at a pivotal moment for tech founders and the investors who fund them. “Ben has done a great job capturing the trust of public policy makers. He’s going to use a lot of the great lessons learned to reinvigorate…
Amid the artificial intelligence (AI) boom, American venture capital (VC) firm Forum Ventures decided to take a more active role in building the next wave of North American AI software startups by establishing a venture studio in Toronto in 2023. Forum chose Toronto given the growth of the city’s tech ecosystem, its high talent density,…
BY THE OPTIMIST DAILY EDITORIAL TEAM ‘Tis the season of hosting, gathering, feasting! For many of us, this time of year is basically one long parade of hugs, handshakes, shared desserts, and recycled indoor air. It’s also, unfortunately, prime time for the cold and flu carousel to spin at full speed. And while it should…
BY THE OPTIMIST DAILY EDITORIAL TEAM New England is no stranger to frigid winters, but five of its states are now working together on a major effort to keep homes warm with cleaner, more efficient technology. Connecticut, Maine, Massachusetts, New Hampshire, and Rhode Island have jointly launched the New England Heat Pump Accelerator, a $450…
We’re back with another fireside conversation recorded live on the BetaKit Keynote Stage at SAAS NORTH. This time we’re talking AI, or more specifically, AI adoption. That has been a regular topic of conversation on the podcast this year, but rarely have we had a chance to discuss adoption at this scale. “The technology is…
The Government of Canada is investing $42.5 million to deploy new artificial intelligence (AI) computing infrastructure at the University of Toronto (U of T) that will be used by researchers across the country. This funding will expand U of T’s existing AI compute capacity to support AI research from coast to coast. Canada’s Minister of…
QUIZ START The post Alberta’s AI-generated legislation, Tobi’s take on Nokia, and Nvidia’s name-drop first appeared on BetaKit.
Ottawa software startup Augmentt has closed $18 million CAD in Series A funding to help managed service providers (MSPs) protect their clients’ cybersecurity across online applications, the company announced earlier this week. MSPs are third-party firms that provide information technology (IT) services and support to other companies and organizations on an ongoing basis. Augmentt’s platform,…
