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Nanoprecise

Alphabet Layoffs Impact Alberta’s AI Cluster, But Ecosystem Remains Resilient

January 25, 2023 by Knowlton Thomas Leave a Comment

Alphabet’s recent announcement that it will cut a whopping 12,000 staff sent shockwaves throughout the industry. The move will impact many regions and organizations, including dealing a blow to Alberta’s burgeoning artificial intelligence scene. That is because Google owns DeepMind, the company’s AI research arm, which runs an office in Alberta. As a result of […]

Edmonton’s Nanoprecise Raises $10 Million For AI In Manufacturing Plants 

January 10, 2023 by Newsdesk Leave a Comment

Edmonton’s Nanoprecise Sci Corp has raised a USD $10 million series B financing round led by Export Development Canada (EDC) with participation from Honeywell Ventures, NSK Ltd., and EC Mergers & Acquisitions. Nanoprecise is an automated AI-based predictive maintenance solution provider that specializes in the implementation of Artificial Intelligence and IIoT technology for predictive asset maintenance and […]

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