Person: Nicolas Chapados

Element AI goes global with $137.5-million series ‘A’ investment

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…