Impact Centre updates Narwhal List to reflect 2019’s big rounds, exits

Following Canada seeing a number of significant raises in addition to large exits in the first half of 2019, the University of Toronto’s Impact Centre has updated its 2019 Narwhal List, a report that highlights Canada’s fastest scaling private tech companies.

“There are a lot of places in Canada where it’s possible to incubate successful companies.”

The Narwhal List ranks financially attractive firms by financial velocity. This metric is derived by the amount of funding a firm has raised, divided by the number of years the company has existed. The report also measures the rate at which a company raises and consumes capital to support its growth.

“We’re having more and more companies raising larger and larger amounts as they grow. That’s critical to our success,” Charles Plant, a senior fellow of the Impact Centre, told BetaKit. “It’s important to call attention to these companies. Accentuating those that are raising substantial amounts of money is a good way to continually bring fo..

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A|I: The AI Times – AI’s poker face

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.

AI and IoT startup Mnubo acquired by Aspen Technology for $102 million CAD
Mnubo, a Montreal-based Internet of Things (IoT) and AI company, has been acquired by Aspen Technology (AspenTech), an asset optimization software firm, for $102 million CAD.

Microsoft’s $399 Azure Kinect AI camera is now shipping in the US and China
Unlike the original Kinect, which launched as an Xbox gaming accessory that never quite caught on, the Azure Kinect is all business.

Former Vector Institute VP Darin Graham to lead LG’s Toronto AI lab
LG has appointed Darin Graham, a longtime artificial intelligence researcher, as the head of its AI lab in Toronto.

Chinese medical AI startup Synyi raises $36.3M in Series C funding
The company will use the funds to explore th..

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Shrine to Apostle Peter unearthed: Israeli archeologist

JERUSALEM, Israel – Excavations in Israel's Galilee have uncovered remains of an ancient church said to mark the home of the apostles Peter and Andrew, the dig's archeological director said Friday.

Mordechai Aviam of Kinneret Academic College, on the shore of the Sea of Galilee in northern Israel, said this season's dig at nearby El-Araj confirmed it as the site of Bethsaida, a fishing village where Peter and his brother Andrew were born according to the Gospel of John.

The Byzantine church was found near remnants of a Roman-era settlement, matching the location of Bethsaida as described by the first century AD Roman historian Flavius Josephus, Aviam said.

The newly-discovered church, he added, fitted the account of Willibald, the Bavarian bishop of Eichstaett who visited the area around 725 AD and reported that a church at Bethsaida had been built on the site of Peter and Andrew's home.

According to Willibald, Aviam says, Bethsaida lay between the biblical ..

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Fast-growing web of doorbell cams raises privacy fears

The woodsy community of Wolcott, Connecticut, doesn't see a lot of crime. But when the police chief heard about an opportunity to distribute doorbell cameras to some homes, he didn't hesitate.

The police who keep watch over the town of 16,000 raffled off free cameras in a partnership with the camera manufacturer. So far, the devices have encountered more bears than criminals, but Chief Ed Stephens is still a fan. “Anything that helps keep the town safe, I'm going to do it,” he said.

But as more police agencies join with the company known as Ring, the partnerships are raising privacy concerns. Critics complain that the systems turn neighbourhoods into places of constant surveillance and create suspicion that falls heavier on minorities. Police say the cameras can serve as a digital neighbourhood watch.

Critics also say Ring, a subsidiary of Amazon, appears to be marketing its cameras by stirring up fear of crime at a time when it's decreasing. Amazon's pro..

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Pamper introduces internet-connected diapers with Lumi

Perhaps to make early parenting a little easier, Pampers has brought us the Lumi system to let parents know if their baby just peed in the diaper and more.
The care package consists of two diapers with detachable sensors, a Wi-Fi-connected camera, and a downloadable mobile app.
Let’s start with the activity sensor. In short, it provides sleep tracking and alerts the user if it detects an abnormal amount of wetness on the diaper.
However, while the sensor suite seems like a plug-and-play solution that could turn any diaper into a smart one, it unfortunately only works on Lumi-optimized products. Stressed-out parents also need to fall back to the sniff test sometimes because it can’t tell if their baby just pooped.
The bundled camera offers a wide-angle, encrypted 1080p birds-eye view to the Pamper’s app over the internet. It would also relay all the measured data from the camera and the activity sensor.
When it comes to the app, the software provides an at-a-glance information tap showi..

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Intel says it was too optimistic about its 10nm goal, will have 7nm in 2021

Intel has admitted that it set an overly-ambitious goal for its 10nm process node, according to Bob Swan, CEO of Intel, at Fortune’s Brainstorm Tech conference in Aspen, Colorado.
Swan clarified to the audience that the company underestimated the challenges to achieve its 10nm node’s 2.7x transistor density improvement over the current 14nm.
“At a time when it gets harder and harder, we set a more aggressive goal. From that, it just took us longer,” said Swan.
The CEO also shed light on Intel’s 7nm development.
“The short story is we learned from it, we’ll get our 10nm node out this year. Our 7nm node will be out in two years and it will be a 2.0X scaling so back to the historical Moore’s Law curve.”
However, while there is no doubt that Intel is inching towards its milestones, the giant nonetheless forced itself into a corner with the old 14nm node since 2015.
Four years later at Computex 2019, AMD finally seized the opportunity to surpass Intel in power efficiency and bragging rights..

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