Harrison Amit is leading a small startup with a big idea. “The vision for the company is helping over 10 million drivers,” said the 28-year-old CEO of Hovr (pronounced Hover). The Toronto-based ride-hailing company launches today, and will service the city and surrounding suburbs. Amit’s goal is to make the company a national brand within … Read more
Harrison Amit is leading a small startup with a big idea. “The vision for the company is helping over 10 million drivers,” said the 28-year-old CEO of Hovr (pronounced Hover). The Toronto-based ride-hailing company launches today, and will service the city and surrounding suburbs. Amit’s goal is to make the company a national brand within … Read more
Mumbai: AI cloud and platform-as-a-service (PaaS) startup Neysa on Wednesday said it has raised $20 million (nearly Rs 166 crore) led by Matrix Partners India, Nexus Venture Partners and NTTVC investment firms. The funding will help drive the Generative AI cloud platform as a service and observability for companies in India and global markets, said … Read more
Trans Mountain’s announcement that its expanded oil pipeline would start commercial operations on May 1 has surprised analysts with an earlier-than-expected commencement on the long-delayed $34 billion project. The federal government-owned company set the date late on Wednesday, having previously said startup would happen in the second quarter. Canada is the fourth-largest oil producer but output has been … Read more
Swaayatt Robots modified a Mahindra Bolero SUV with self-driving capability, following which a was performed on the streets of Bhopal. (Image: @sanjeevs_iitr /X) Swaayatt Robots founder and CEO Sanjeev Sharma said his startup has demonstrated a technology ready to navigate Indian streets and, with more funding and resources, it can achieve the automation goal soon … Read more
New Delhi: Venture capital firm Tin Men Capital, co-founded by Jeremy Tan and Murli Ravi, has led a $2.7 million investment in Ailytics, a Singapore-based B2B heavy industry software startup, it said on Monday. Ailytics utilises scenario-based, AI-powered video analytics solutions to help companies enhance their operational safety and productivity. Ailytics was founded in 2021 … Read more
Elon Musk has sued ChatGPT-maker OpenAI and its CEO, Sam Altman, saying they abandoned the startup’s original mission to develop artificial intelligence for the benefit of humanity and not for profit. The lawsuit filed late on Thursday in San Francisco puts the billionaire at loggerheads with the startup that he co-founded and is now the … Read more
The maker of ChatGPT on Thursday unveiled its next leap into generative artificial intelligence with a tool that instantly makes short videos in response to written commands. San Francisco-based OpenAI’s new text-to-video generator, called Sora, isn’t the first of its kind. Google, Meta and the startup Runway are among the other companies to have demonstrated … Read more
Our planet is changing. So is our journalism. This weekly newsletter is part of a CBC News initiative entitled “Our Changing Planet” to show and explain the effects of climate change. Keep up with the latest news on our Climate and Environment page. Sign up here to get this newsletter in your inbox every Thursday. This week: From … Read more
A Vancouver non-profit is calling on Canada’s competition regulator to launch a greenwashing investigation into Lululemon — saying the athleisure brand is misleading consumers about its environmental practices. The complaint, which was filed by the organization Stand.earth last Thursday, says Lululemon’s Be Planet sustainability campaign from 2020, in which the company said it would work to reduce its greenhouse gas … Read more
