A Toronto-based company developing artificial intelligence (AI) systems for enterprises has recently received a fresh round of funding from Fidelity Investments Canada. DeepLearni.ng will use the $9 million in Series A funding to help the company scale the development of its machine learning platform, called Frontiers, which is used for rapid deployment of AI enterprises.…
Organization: Fidelity Investments Canada
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…