A look at tech companies' investments in AI startups: Nvidia and NVentures completed a total of 32 deals in 2023, while Microsoft and M12 made 21 investments
Just last week it was reported chip giant Nvidia, Salesforce Ventures 1 and Cisco all participated in a $450 million investment for Toronto-based AI startup Cohere.
Sources: Samsung is combining its AI-focused research centers in Toronto and Mountain View to improve operations; ex-Apple exec Murat Akbacak will run the group
- Company is combining Toronto and California research centers — Apple's Murat Akbacak will be leading the new division
Toronto-based Cohere, founded by two ex-Google Brain team members to commercialize natural language AI models, raises $40M Series A led by Index Ventures
Mark Sullivan / Fast Company : Tweets: @blancheminerva , @jordanjacobs10 , @jordanjacobs10 , @nathanbenaich , and @nickfrosst . Thanks: @jenholmes Tweets: Stella Rose Biderman / @blancheminerva : The...
Internal docs show Google's Sidewalk Labs plans expansion in Toronto's Port Lands, seeks share of property taxes, development fees in return
Google's futuristic development on the eastern waterfront, Quayside, is only the first step in an expansive and ambitious plan to build new neighbourhoods …
Lyft to launch its ride-hailing service in Toronto next month, its first market outside the US
The ride-hailing company Lyft, a major rival to Uber in the United States, is moving to gain ground internationally. — Lyft announced on Monday that it would be offering services in Toronto in time ...
Sources: Lyft is planning to expand into Canada by year's end, its first market outside the US, and could then move into Australia and New Zealand
As Lyft begins a large-scale advertising campaign to try to continue gaining market share versus Uber in the U.S., its geographic ambition is rising. Tweets: @amir and @amir Tweets: Amir Efrati / @ami...
Canada, Google, and 29 more firms invest $128M in new Toronto-based AI institute in bid to attract foreign talent; investment part of “pan-Canadian AI strategy”
Canadian researchers have been behind some recent major breakthroughs in artificial intelligence.