Amazon invests $4 billion in Anthropic as AI race heats up
Amazon is the latest to join the raging tech battle that has seen the likes of OpenAI, Google, Microsoft and Nvidia splurge billions on AI. It announced yesterday that it is investing up to US$4 billion in Anthropic, which created a rival to OpenAI’s ChatGPT called Claude. Under the agreement,
Read moreExperts urge changes to proposed Canadian privacy, AI laws before today’s hearing
In advance of the start of committee hearings on proposed Canadian privacy and artificial intelligence legislation today, 45 groups, experts, and academics released an open letter to Innovation Minister François-Philippe Champagne calling on major changes. Champagne and department officials are scheduled to testify before the House of Commons Industry and
Read moreData on 3.4 million mothers, children stolen from Ontario registry
Data on 3.4 million Ontario mothers, newborns, and children collected over the past 10 years has been stolen from the MOVEit file transfer server of a provincially-funded birthing registry, the latest organization to admit it was victimized by a zero-day vulnerability in the tool. The Better Outcomes Registry & Network
Read moreCoffee Briefing Sept. 26 – Cybercrime on the rise in Canada; CGI selected by Scotiabank to deploy enterprise payments platform; IBM aims to train two million learners in AI by 2026; and more
Coffee Briefings are timely deliveries of the latest ITWC headlines, interviews, and podcasts. Today’s Coffee Briefing is delivered by IT World Canada’s editorial team! Missed last week’s Coffee Briefing? We’ve got you covered. Cybercrime on the rise in Canada, small businesses vulnerable Gearing up for Cybersecurity Awareness Month 2023, a
Read moreKolena, a startup building tools to test AI models, raises $15M
Kolena, a startup building tools to test, benchmark and validate the performance of AI models, today announced that it raised $15 million in a funding round led by Lobby Capital with participation from SignalFire and Bloomberg Beta. The new cash brings Kolena’s total raised to $21 million, and will be
Read moreByju’s to cut as many as 5,000 more jobs amid business restructuring
Byju’s plans to cut as many as 5,000 jobs in the coming weeks, a person familiar with the matter said, as the Indian edtech giant looks to pare down costs amid a broad restructuring of its business. The Bengaluru-headquartered startup, which recently appointed a new head for its India business,
Read morePhoto-sharing app Lapse hits top of the App Store by forcing you to invite your friends
Forget invite-only social apps, Lapse is testing a new technique to acquire its users: it forces you to invite your friends in order to get in. The reinvention of a social camera app first introduced in 2021, Lapse is now king of the U.S. App Store after having jumped from
Read moreAnalogy between prime numbers and simple groups
Simple groups are the building blocks of groups similar to the way prime numbers are the building blocks of integers. This post will unpack this analogy in two ways: How do simple groups compare to prime numbers? How does the composition of simple groups compare to the composition of prime
Read moreAlchemist Accelerator’s latest startups range from sneakernet for energy to solar panel cleaning bots
This morning is Alchemist Accelerator’s demo day, and there are 22 companies making their debut across a wide range of industries. Whether you’re building a construction business, cleaning solar panels or exploring quantum computing, there’s something for you here. Alchemist also announced a partnership with Microsoft under which the latter
Read moreTech layoffs are all but a thing of the past
Provided that tech stocks don't drop by a surprise 10%, I suspect that we're entering a period in which tech companies once again grow their headcounts
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