Canada Technology

Founders of Sysomos, Aislelabs find traction bringing their AI research to AEC

Workorb secures $2.6 million CAD to advance AI in architecture, engineering, construction sectors. Toronto-based artificial intelligence (AI) startup Workorb has closed $2.6 million CAD in seed financing to advance its automation product for the architecture, engineering, and construction (AEC) industry. The round, which consisted of SAFE agreements that closed over the summer, was led […]

Canada Technology

The future of software development will never be the same again

Image by Mohammad Rahmani on Unsplash Opinions expressed by Digital Journal contributors are their own.Superflexan AI-powered front-end development tool co-founded by Aibek Yegemberdin and Boris Jankovicis set to revolutionize the way engineers code. After a successful launch on Product Hunt, Superflex is quickly gaining traction among developers eager to accelerate their workflows. Transforming design into code with […]

Canada Technology

Fujitsu launches Cohere-powered Japanese LLM for enterprise use

Fujitsu invested in Cohere as part of a partnership to develop an LLM for the underserved language. Japanese IT services company Fujitsu has launched Takane, a Japanese-language large language model (LLM) powered by Toronto-based enterprise artificial intelligence (AI) startup Cohere. Fujitsu claims Takane has achieved industry-leading performance in multiple Japanese-language benchmarks. The new LLM […]

Canada Technology

a16z leads Scribenote’s $8.2-million seed round to boost AI-powered writing tool for vets

AI scribe startup hopes platform can help veterinarians avoid burnout. Kitchener-Waterloo-based artificial intelligence (AI) startup Scribenote has closed $8.2 million in seed funding as it looks to advance the capabilities of its scribe tool for veterinarians. The round was led by Andreessen Horowitz (a16z), with participation from Inovia Capital, the Velocity Fund, and undisclosed […]

Canada Technology

PathPresenter to establish subsidiary in Waterloo Region following Series A round

Canadian-led AI pathology startup believes a physical presence in Canada will drive its push into the local market. PathPresentera Montville, NJ-based pathology and artificial intelligence (AI) startup led by a Canadian CEO, is planning to establish a physical presence in Canada following a $7.5-million USD Series A round of funding. The startup offers a […]

Canada Technology

Coveo snags SIF investment as AI project funding flows during ALL IN 2024

Oceans Supercluster also doled out $4.5 million and Scale AI teased a call for projects. This week, the federal government and one of the federally-backed Canadian innovation clusters announced a number of financial commitments for artificial intelligence (AI) projects across the country at the second annual ALL IN conference held in Montréal. Canada’s Minister […]

Canada Technology

Shopify taps Microsoft executive Mikhail Parakhin as its new CTO

Shopify CEO Tobi Lütke praised Parakhin’s “deep expertise” in AI and machine learning. Canadian ecommerce giant Shopify is hiring former Microsoft executive Mikhail Parakhin as its new CTO. “The impact of [Parakhin’s] work across the broader tech industry runs deep.” Shopify president Harley Finkelstein According to his LinkedIn, Parakhin had been with Microsoft since […]