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Descartes buys Tai and Extensiv for combined $220M
Descartes buys Tai and Extensiv for combined $220M
Canadian logistics firm Descartes Systems Group (DSG-T) is boosting its technological capabilities by purchasing two separate American companies, Extensiv and Tai, for a combined US$220 million.
Nvidia confirms it will buy Hugging Face for $12.9B
After weeks of swirling rumours, Nvidia (NVDA-Q) confirmed it has acquired Hugging Face for US$12.93 billion. Hugging Face’s platform hosts three million models, one million applications used by over 18 million developers, and half a million datasets.
Meta is paying to peek at how you use their latest AI model
Most AI tools allow you to opt out of sharing your usage. For its new Muse Spark model, Meta is offering an explicit discount averaging out to about 95 per cent for users who “contribute” to future models by sharing their activity.
AI firms agree to Ottawa’s new data centre framework
More than 20 artificial intelligence and digital infrastructure companies, including OpenAI and Anthropic PBC, have signed on to a new federal framework for data centre development, as local opposition to these facilities grows.
The shocking and predictable threat posed by AI
OPINION: What happened at OpenAI this summer was both shocking and entirely predictable. Who could have imagined artificial intelligence agents breaking their rules of engagement during a test and teaming up to hack another company?
Rogue OpenAI agents hijacked German website
A swarm of rogue OpenAI agents hijacked a German website this spring and transformed it into a bulletin board for other AI agents, according to new research published Friday and two people familiar with the matter.
Venture capitalists see AI influence on investments
For investor and entrepreneur Michele Romanow and Christina Fox, the CEO of TechAlliance of Southwestern Ontario, AI is about more than productivity. They see an opening for women and other founders outside traditional venture capital circles to attract funding.
Infrastructure behind AI-enabled SaaS and startups
Across Canada, businesses are being encouraged to embrace AI. Chandrashekar Lalapet Srinivas Prasanna, managing director of Zoho Canada, says obstacles to AI adoption have less to do with AI itself and more with company operations.
NorBot closes $1M for commercial robotics integrator
Aspiring Vancouver-based commercial robotics integrator NorBot Technology has secured $1 million in pre-seed funding. NorBot aims to act as “the bridge” between the world’s top robotics platforms and Canadian businesses.
The Cybercab is Tesla’s ‘fork in the road’ moment
Thursday could be the day Tesla changed forever. On Thursday, Tesla (TSLA-Q) “launched” the Cybercab — a small, gold, two-seater sedan with no steering wheel or pedals that uses cameras and AI to navigate the world.
Google’s latest AI weather model more predictive
Scientists at Google DeepMind and Google Research have released a new artificial intelligence model for weather forecasting that sees our changing atmosphere more clearly and predicts its behaviour more often.
New York City bans AI for students through 8th grade
New York City’s public schools will temporarily ban elementary and middle school students from using generative artificial intelligence tools during the upcoming school year. The one-year moratorium will apply to “all software that uses student-facing generative AI.”
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