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Robotiq's AI platform made to streamline robot integration in factories
Robotiq's AI streamlines robot integration in factories
Robotiq, a Quebec City-based robotics firm, has developed an artificial intelligence (AI)-powered platform named IQ to hasten the deployment of robots in factories, potentially doubling installations and reducing friction.
Koho raises $130-million, in case, to become bank
Online Canadian bank challenger Koho Financial is buttressing its bid to become a federally regulated bank with a $130-million financing round to build its capital base and product suite in its bid for a Schedule 1 bank license.
Top Kneat shareholder rebukes Bravo's takeover offer
One of the largest institutional shareholders in Kneat.com Inc. (KSI-T) plans to vote against Thoma Bravo LP’s $650-million takeover offer for the Toronto Stock Exchange-listed company, saying the board has chosen a poor time to sell the company.
Bench founder returns to bookkeeping with AI bet
Ian Crosby is betting that artificial intelligence can do more than help bookkeepers — it can eventually replace them. The former Bench Accounting co-founder has raised a US$10 million seed round for his new startup, Synthetic.
Countries moving to ban social media for children
Over the months, many countries have announced plans to restrict social media access for children and teens. Australia became the first to implement such measures last year, setting a precedent that other countries are now closely watching.
Enforcing social media bans, apps stores or platforms
As countries move toward social media bans, tech companies are in a tug of war over who should be the gatekeepers. Executives from Snapchat and Meta (owner of Instagram, Facebook and Threads) argue it should be app stores not platforms.
Bluesky launches group chats, adds community features
While Elon Musk-owned X recently doubled down on chats with the launch of a stand-alone XChat app, Bluesky is only now catching up by offering a way for groups to interact more privately on its platform.
Adobe’s CFO departs. Search for new CEO underway
Adobe Inc. said its chief financial officer Dan Durn is exiting his post Monday leaving the company without a top tier of veteran leadership after CEO Shantanu Narayen announced in March that he would step aside.
Prometheus raises US$12B for AI engineer for physical world
Prometheus, the physical AI startup co-founded by Jeff Bezos and Vik Bajaj, announced it raised US$12 billion at a US$41 billion valuation. The software automates the design and manufacturing of physical systems from jets to drugs.
Anthropic releases Mythos A.I. to public
Anthropic is rolling out a public version of its Mythos A.I. model — Claude Fable 5 — but with guardrails barring its use in risky areas such as cybersecurity. A preview sent shock waves globally with its ability to find software flaws.
Anthropic calls Mythos dangerous yet its expanding access
Anthropic PBC has said its new artificial intelligence tool, Mythos, is so good at finding vulnerabilities in software and computer systems that it can’t be released to the general public and initially released Mythos to a small choosen group parties.
Grok AI chatbot violated Canadian privacy law
Sexual deepfakes created by Elon Musk’s Grok AI chatbot and shared on his X platform violated Canada’s privacy law and while the company has made some changes they don’t go far enough, the privacy commissioner, Philippe Dufresne said Thursday.
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