Canadian AI news April 2022

Welcome to the Ask AI news roundup where we highlight the latest innovations, investments, and breakthroughs in the Canadian artificial intelligence sector.

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Investments

• DrugBank announces securing $9M CAD in seed funding

• AI-driven Supply Chain company Quincus announces Toronto R&D expansion

• Canada Pension Plan has invested US$425 million in VerSe platform in India

• Facebook owner Meta says it will hire 2,500 new staff across Canada over next 5 years

• Ask AI Exclusive: How is Cohere building a global NLP powerhouse?

Sustainability

• Telus and Vector Institute launch Energy Optimization System for datacentres across Canada

• Ask AI Exclusive: How can AI make an impact in carbon-intensive industries?

Governance

• Datametrex AI completes first phase of $40M AI contract to stop online propaganda

• Ask AI Exclusive: How can AI help preserve indigenous languages?

Healthcare

• TD’s AI chief quits to start health care firm, backed by bank and Inovia Capital

• The Digital Supercluster is investing in AI to take the guesswork out of diagnosing cancer

• New collaboration to develop AI-based tech to improve the detection of type 2 diabetes

• Cloud DX will partner with Sheridan College to further develop the 'Clinic of the Future'

• Ask AI Exclusive: How is AI helping to create a stethoscope for the 21st century?

• U of T is training a new generation of public health practitioners in'first of its kind' certificate

Natural Resources / Agriculture

• USask partners in new 'Automation and Digital Agriculture Specialist Program'

• GoodLeaf partners with Adastra for data-driven boost in greenhouse yields

Finance

• MindBridge's fraud-busting AI now a 'need-to-have' as firm brings new partner Equifax

• Fundmore.ai Inc. and Filogix announce strategic partnership to develop mortgage products

Robotics/Navigation/EV

• Amazon Canada unveils advanced robotics fulfillment centre in Hamilton

Public Sector / PPP

• MaRS partners with SCALE AI to launch Supply AI to create supply chain solutions

• New international lab dedicated to artificial intelligence kicks-off in Montreal

• Ask AI Exclusive: How is a Data Fabric used to accelerate AI projects?

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