Tech clusters and Canadian cities with top tech markets attract the country’s fastest-scaling tech firms, according to research. But Canadian SMEs continue to face challenges scaling up.
Organization: Element AI
The Montreal-based artificial intelligence supercluster SCALE.AI has appointed Julien Billot as its CEO.
Financial incentives go a long way, but they’re not the only solution to talent retention.
The Montreal Institute for Learning Algorithms (MILA) and Caisse de dépôt et placement du Québec (la Caisse) have partnered to create Espace CDPQ | Axe IA, a new accelerator hub focused on commercialization.
Montreal-based Element AI has raised $137.5 million in series ‘A’ financing to support investment in large-scale artificial intelligence (AI) projects internationally, cement its status as Canada’s the largest global AI company and hire 250 people by January 2018. The investment is the world’s largest Series A round ever for an AI company. The financing is…
Microsoft Venture‘s new start-up fund has made its first investment in Element AI, a Montreal-based artificial intelligence start-up affiliated with researchers at McGill Univ, Univ of Montreal and Univ of Toronto. Founded by Dr Yoshua Bengio and serial entrepreneurs Jean-François Gagné and Nicolas Chapados, Element AI will use the undisclosed Microsoft investment to achieve scale…