Poutanen, who once studied under deep learning pioneer and Signal 1 AI investor University Professor Emeritus Geoffrey Hinton, co-founded Signal 1 …

The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the globe. If you want to read A I before anyone else, make sure to subscribe using the form at the bottom of this page. In addition to supporting AutoTech startups with go-to-market, the BlackBerry IVY Innovation Fund aims to accelerate the expansion of BlackBerry's IVY ecosystem. BetaKit wants to elevate the current state of Canadian tech journalism. To do that, we need your support.

Data platform company Hockeystick is expanding its offerings with the launch of a new "matchmaking" product that connects startups with funding opportunities. As of Monday, Hockeystick has launched the new AI platform that introduces startups to funders and other partners. The product is the second platform for Hockeystick, which launched its site that provides detailed data on startups in 2018. "This is the culmination of years of work building our database and our community." The matchmaking product leverages Hockeystick's proprietary funding database and uses AI to intelligently match companies with VCs, lenders, accelerators, grants, and other services.

Every day, Canada's tech startups post their latest and greatest job opportunities on Jobs.BetaKit, powered by Jobbio. From early-stage to Series B and beyond, Jobs.BetaKit helps startups from all over the country hire Canada's top tech talent. Each week, BetaKit will highlight a selection of the job roles posted to Jobs.BetaKit. If you're a candidate looking for a position at a tech Canadian startup, survey the selection below or view all the posted positions here. For companies in need of top candidates, scroll to the bottom of this post to learn how to get your roles posted to Jobs.BetaKit!

Deep Genomics, the Toronto-based AI therapeutics startup, has made the first-ever discovery of a diseases treatment and drug candidate using artificial intelligence. The startup announced on Wednesday that its propriety AI-based drug discovery platform has identified a novel treatment target and corresponding drug candidate for Wilson disease, a rare and potentially life-threatening genetic disorder. "Our AI systems can figure out how diseases are caused and how to fix those diseases much more rapidly than humans ever could." "This is the amazing accomplishment for the team," Brendan Frey, founder and CEO of Deep Genomics, told BetaKit. He noted that part of Deep Genomic's goal is to "help everyone in the world" use the discovery and technology its developing in Canada to support discovery and development more broadly.

The federal and Quebec governments have announced the creation of a Montréal-based international centre of expertise for the advancement of artificial intelligence as part of the Global Partnership on AI (GPAI), which was recently discussed at the G7 Leaders' Summit. "Montréal was ideally suited to host this centre of expertise." The federal government will invest up to $10 million over five years to support the activities of the centre once it commences operations. This commitment is in addition to a $5 million grant previously committed by Quebec, and awarded to Montréal International, to create or attract an international AI organization, bringing total government investment to $15 million over five years. "The Montréal ecosystem is recognized as a leader in AI," said Navdeep Bains, minister of innovation, science, and economic development. "Quebec's collaboration on the centre of expertise in artificial intelligence will contribute significantly to the coordination of efforts on artificial intelligence in order to anticipate issues associated with this technology and promote its responsible adoption, both in Canada and on a global scale."

Returning for its third year, Elevate is now simply too big for one event guide. So BetaKit has produced a guide to every event and stage taking place across the seven-day festival. You can find a link to each individual guide on our Guide to Elevate 2019 hub page. "What is going to happen to my data? What is the flow of my data?

Element AI has closed a much-anticipated venture round, raising a $200 million CAD ($151.4 million USD) Series B from the Government of Quebec, pension fund Caisse de dépôt et placement du Québec (CDPQ), and McKinsey & Company, among others. The $200 million in funding is one of the largest venture capital rounds in Canadian history, and follows a record-breaking year for Canadian tech. New investors included CDPQ, a long-term institutional investor, McKinsey & Company, a global management consulting firm and owner of advanced analytics company QuantumBlack, and Gouvernement du Québec. Existing investors from this round include DCVC (Data Collective), Hanwha Asset Management, BDC Capital, Real Ventures, among many others, the startup said, bringing the total amount raised so far to $340 million CAD ($257 million USD). "Operationalizing AI is currently the industry's toughest challenge, and few companies have been successful at taking proofs-of-concept out of the lab, imbedding them strategically in their operations, and delivering actual business impact," said Element AI CEO Jean-François Gagné. "We are proud to be working with our new partners who understand this challenge well, and to leverage each other's expertise in taking AI solutions to market."

Element AI has closed a much-anticipated venture round, raising a $200 million CAD ($151.4 million USD) Series B from the Government of Quebec, pension fund Caisse de dépôt et placement du Québec (CDPQ), and McKinsey & Company, among others. The $200 million in funding is one of the largest venture capital rounds in Canadian history, and follows a record-breaking year for Canadian tech. New investors included CDPQ, a long-term institutional investor, McKinsey & Company, a global management consulting firm and owner of advanced analytics company QuantumBlack, and Gouvernement du Québec. Existing investors from this round include DCVC (Data Collective), Hanwha Asset Management, BDC Capital, Real Ventures, among many others, the startup said, bringing the total amount raised so far to $340 million CAD ($257 million USD). "Operationalizing AI is currently the industry's toughest challenge, and few companies have been successful at taking proofs-of-concept out of the lab, imbedding them strategically in their operations, and delivering actual business impact," said Element AI CEO Jean-François Gagné. "We are proud to be working with our new partners who understand this challenge well, and to leverage each other's expertise in taking AI solutions to market."

Each Canada Day, PwC and CB Insights join forces to release the Periodic Table of Tech in Canada, which exhibits 150 of the most prominent Canadian venture-backed technology companies, investors, and exits. The country's anniversary is a fitting occasion to display and celebrate the abundant ambition and achievement in Canada's tech sector. Click to enlarge or download hi-res version. The 2019 Table is comprised of 108 venture-backed technology companies, 20 investors, and 22 exits. Those listed on the Table were selected using a methodology that focuses exclusively on the venture-backed ecosystem in Canada.