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SCALE AI announces a major financing round with more than $96M in investments supporting 22 AI projects

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MONTREAL, June 4, 2024 /CNW/ – SCALE AI, Canada’s AI Global Innovation Cluster, is announcing a major financing round with $96 million in total investments to support 22 artificial intelligence (AI) projects in key sectors such as life sciences, retail, manufacturing, transportation and logistics, and agriculture. Each initiative announced today aims to enhance efficiency, safety, and operational excellence thanks to AI-powered services and solutions, further advancing applied AI expertise in the country, to the benefit of the entire Canadian economy.

In a concerted effort to elevate national productivity and tackle Canada’s most pressing societal and economic challenges, AI emerges as a powerful tool to enhance our resource management. The projects selected by the SCALE AI team have been chosen for their potential to deliver concrete economic and human benefits and intellectual property advancements for the players involved and for the Canadian AI ecosystem. From improving supply chain logistics to advancing healthcare outcomes, the technological advances resulting from these projects are set to redefine industry standards and create tangible benefits for businesses and consumers alike.

This is one more step towards the creation of products by Canada’s leading AI providers to accelerate the adoption of AI products here and internationally. By focusing on SMEs, SCALE AI addresses the importance of stimulating domestic AI demand and reinforcing Canadian AI sovereignty amidst international competition.

The Honourable François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry, says: “Artificial intelligence is one of the greatest technological transformations of our age, and the variety of projects being announced today demonstrates why the Canadian AI ecosystem is among the best in the world. These projects are providing Canadians with the tools they need to harness the power of AI, while ensuring the technology is safe and secure.”

Julien Billot, CEO, SCALE AI, explains: “The Scale AI team has diligently crafted a suite of promising use cases within our AI ecosystem, fortifying our prowess and propelling Canada to the forefront of the global AI arena. Our initiatives not only showcase our innovative spirit but also signal a future rich with potential, as we continue to unlock groundbreaking opportunities in artificial intelligence.” 

Hélène Desmarais, Co-Chair of the Board of Directors, SCALE AI, adds: “The projects supported by SCALE AI are not just about technological advancement; they’re a catalyst for job creation and economic growth, opening up new opportunities for skilled employment in the Canadian AI sector. We are proud to be the best ally for accelerating the adoption of AI by both large and small Canadian companies, and we envision a future where artificial intelligence not only drives economic growth but also fosters an inclusive and innovative society.”

22 new projects representing investments of $96 million

To learn more about the projects, click here.

→ NavTrax: AI-enabled forklift automation and collision avoidance

Partners: Foxfire Labs, Johnston Heavy Machinery, Qaskail Systems, Liftow, Royal Canadian Steel, The Design Quantum

SCALE AI investment: $3.5 million

Total investment: $8.8 million

→ AI Enabled Control Tower for End-To-End Supply Chain Visibility and Support

Partners: Cavendish Farms, Deloitte, Nuvoola AI

SCALE AI investment: $3 million

Total investment: $7.8 million

→ Optimized de-icing operations

Partners: Aeromag 2000, Vooban, Air Canada

SCALE AI investment: $3 million

Total investment: $7.6 million

→ Pricing and room assignment optimization – cruise and hospitality industries

Partners: Plusgrade, IVADO Labs, MSC Cruises, InnVest Hotels

SCALE AI investment: $2.5 million

Total investment: $6.4 million

→ Leveraging AI for Patient Segmentation and Medication Adherence Forecasting

Partners: Bayshore HealthCare, Deloitte, Manifold Data Mining, Architech Solutions Consulting Services

SCALE AI investment: $1.9 million

Total investment: $6.3 million

→ Smart Replenishment and Smart Capacity

Partners: LFL Group, InDro Robotics, Lemay.AI

SCALE AI investment: $1.9 million

Total investment: $5 million

→ Bottleneck recognition analytics for manufacturing

Partners: Pacefactory, Woodbridge, Magna International, FunnelCloud, DSS + Dupont Sustainable Solutions

SCALE AI investment: $1.9 million

Total investment: $4.8 million

→ NutriVision

Partners: Foxfire Labs, Magellan Systems, 503 Farming, Alokozay Distribution, Al-Nasr Groceries

SCALE AI investment: $1.6 million

Total investment: $4.2 million

→ ADM AI Ramp Fluidity

Partners: Aéroports de Montréal, IVADO Labs, Groupe Infynia

SCALE AI investment: $1.7 million

Total investment: $17.6 million

→ Usage cycle prediction and anomaly detection for electric vehicle fleets

Partners: Cleo, Location Brossard, IVADO Labs

SCALE AI investment: $1.3 million

Total investment: $3.4 million

→ Advanced Planogram Optimization Functionalities

Partners: Canadian Tire, IVADO Labs, Cantactix Solutions

SCALE AI investment: $1.2 million

Total investment: $3.1 million

→ Platform for the North American Supply Chain Business Health and Risk Management

Partners: FreshBooks, Bullet Security, Digital Design, IXICA Communications, Sitter Select, MiSCAN Lab (McMaster University)

SCALE AI investment: $1.2 million

Total investment: $2.9 million

→ Routific II AI-powered Route Optimization

Partners: Routific Solutions, Fresh Prep, Lemay.ai, Leis de Buds, Greenhouse Juice Company

SCALE AI investment: $1 million

Total investment: $3.4 million

→ Improving last mile delivery with AI-generated indoor maps

Partners: Mappedin, Shippie, Rogers, Communitech, UniUni

SCALE AI investment: $0.7 million

Total investment: $2.5 million

→ Project Janus

Partners: NOLK, MOOV AI, Spaceful

SCALE AI investment: $0.9 million

Total investment: $2.3 million

→ WorkSafe AI

Partners: OVA, ArcelorMittal Produits longs Canada, Centre for Development and Research in Digital Intelligence (CDRIN)

SCALE AI investment: $0.7 million

Total investment: $2.2 million

→ AI-Driven Supply Chain

Partners: Logistik Unicorp, Inmind technologies, SimWell, Laboratoire en Intelligence des Données (LID-polymtl), Mondou, POLR

SCALE AI investment: $0.7 million

Total investment: $1.9 million

→ AI-Automated Inspection and Predictive Maintenance of Wireline Cables

Partners: Tier 1 Energy, Zetane Systems, DeltaTee Enterprises

SCALE AI investment: $0.5 million

Total investment: $1.6 million

→ SOLARIS

Partners: Enovum Data Centers, FirstBlock, Mind in a Box, Société en commandite Lebourgneuf, Énergir

SCALE AI investment: $0.6 million

Total investment: $1.5 million

→ AI-enabled Raw Material Characterization for the Drug Manufacturing Supply Chain

Partners: Katalyze AI, Sanofi Canada

SCALE AI investment: $0.3 million

Total investment: $0.6 million

→ Predicting patient risk of hospitalization and re-optimizing Home Care delivery

Partners: AlayaCare, CIUSSS NIM, Bien Chez Soi, Polytechnique Montréal

SCALE AI investment: $1 million

Total investment: $2.8 million

→ Accelerating Canadian Customs Brokerage with Intelligent Document Processing

Partners: Mely.ai Solutions, W2C, Mantoria

Scale AI investment: $0.2 million

Total investment: $0.3 million

About SCALE AI (scaleai.ca)

As Canada’s AI Global Innovation Cluster, Scale AI acts as an investment and innovation hub that accelerates the rapid adoption and integration of artificial intelligence (AI) and contributes to developing a world-class Canadian AI ecosystem. Based in Montreal and funded by the federal government and the Quebec government, Scale AI works with more than 500 industry partners, research institutes, and other players in the field of AI. The organization develops programs to support investments in companies that implement real-world applications of AI and encourage the emergence of future Canadian flagships in the sector, all while facilitating the development of a highly skilled workforce.

SOURCE Scale AI

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DANAconnect and eSource Capital Launch PayrollTrace for Digital Payroll Compliance

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2 hours ago

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September 22, 2024

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PayrollTrace is an innovative, secure platform for paperless payroll receipt delivery, ensuring regulatory compliance and real-time traceability.

FORT LAUDERDALE, Fla., Sept. 22, 2024 /PRNewswire-PRWeb/ — DANAconnect, the leading company in automated business communications, in collaboration with eSource Capital, a prominent Google Cloud Partner in Latin America, announce the launch of PayrollTrace, an innovative platform designed for the secure and efficient digital delivery of payroll receipts, ensuring regulatory compliance and complete traceability in every transaction.

Paul Kienholz, CEO of DANAconnect, highlighted: “PayrollTrace is the next step in automating critical business processes, enabling companies to eliminate paper and manage payroll receipt deliveries with full confidence and transparency, while ensuring regulatory compliance.”

PayrollTrace automates the delivery of payroll receipts through multiple channels, including email and SMS, completely eliminating the use of paper or reliance on email. This solution not only simplifies human resources processes but also ensures regulatory compliance with verifiable technical reports that allow companies to manage and audit receipt deliveries in real time.

Paul Kienholz, CEO of DANAconnect, highlighted: “PayrollTrace is the next step in automating critical business processes, enabling companies to eliminate paper and manage payroll receipt deliveries with full confidence and transparency, while ensuring regulatory compliance.”

Juan Aguilera Franceschi, Managing Partner at eSource Capital, added: “Our partnership with DANAconnect allows us to offer companies in the region a robust solution that optimizes payroll management. PayrollTrace provides the security and flexibility companies need to manage payments efficiently and sustainably.”

The partnership between DANAconnect and eSource Capital combines DANAconnect’s strength in omnichannel business communications with eSource Capital’s expertise in cloud digital transformation. Together, they aim to provide businesses across the Americas with a comprehensive solution that not only optimizes payroll delivery but also ensures compliance with local regulations, guaranteeing that every transaction is backed by complete audits.

About DANAconnect

DANAconnect is a North American company and a leader in communication automation for financial companies through its omnichannel platform. It sends communications to more than 10% of the population of the Americas every month, ensuring secure deliveries, traceability, and large-scale regulatory compliance.

About eSource Capital

eSource Capital is a leading Google Cloud partner in Latin America, specializing in digital transformation and cloud solutions. With a focus on Google Workspace and Google Cloud, eSource Capital helps companies optimize their operations in the digital environment.

Media Contact

Fabiana Arroyo, DANAconnect Corp., 1 8556003262, info@payrolltrace.com, https://www.payrolltrace.com

Twitter, LinkedIn

View original content to download multimedia:https://www.prweb.com/releases/danaconnect-and-esource-capital-launch-payrolltrace-for-digital-payroll-compliance-302254651.html

SOURCE DANAconnect Corp.

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Siemon Announces Optical Patching Solutions for GenAI Networks Using NVIDIA Accelerated Computing

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8 hours ago

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September 22, 2024

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Siemon announces it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks.

WATERTOWN, Conn., Sept. 22, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, today announced it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks. Large complex GPU clusters can benefit from using structured cabling patch panels versus point-to-point cabling. Siemon acts as a trusted advisor to customers by providing expert advice and best practice recommendations for design & deployment of NVIDIA AI Infrastructure.

“Siemon is very familiar with NVIDIA reference architectures and has worked with many customers to design and deploy NVIDIA clusters… Siemon offers a full range of AI-ready fiber cabling, DAC, and AOC solutions that support 400G, 800G, and 1.6T applications.”

As part of the solution integration, Siemon has joined the NVIDIA Partner Network (NPN) as a Solution Advisor Consultant. NPN Solution Advisor Consultants provide consultation services and expert advice to customers looking to implement NVIDIA-based solutions or technologies. Siemon joins the network to offer its expertise in addressing the unique infrastructure and cabling challenges presented by accelerated computing.

NVIDIA optical reach specifications are calculated assuming two optical patch panels are used in the link and assuming each employ two optical connectors, which makes for a total allowance of four optical connectors in the link. The Siemon optical patching solutions meet NVIDIA requirements and provide customers with flexibility and ease of management.

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

View original content:https://www.prweb.com/releases/siemon-announces-optical-patching-solutions-for-genai-networks-using-nvidia-accelerated-computing-302254640.html

SOURCE Siemon

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AMSimpkins & Associates Awarded Wisconsin Technical Purchasing Consortium Contract RFB 25-002TP – for Identity Verification Solutions

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9 hours ago

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September 22, 2024

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AMSimpkins & Associates has been awarded the Wisconsin Technical Colleges Purchasing Consortium (WTC-PC) contract for Identity Verification Solutions. This partnership includes providing their advanced S.A.F.E. (Student Application Fraudulent Examination) platform to 16 Wisconsin technical colleges, enhancing security and safeguarding against fraudulent student applications. With a focus on higher education, AMSA aims to support these institutions in maintaining the integrity of their admissions processes and preventing identity fraud. This collaboration underscores AMSA’s commitment to delivering innovative solutions tailored for the education sector.

ATLANTA, Sept. 22, 2024 /PRNewswire-PRWeb/ — AMSimpkins & Associates is proud to announce its selection by the Wisconsin Technical College System Purchasing Consortium (WTC-PC) to provide Identity Verification Solutions through the S.A.F.E. platform. The WTC-PC comprises 16 independent, publicly funded two-year technical colleges across Wisconsin, including Blackhawk Technical College, Chippewa Valley Technical College, Fox Valley Technical College, and Milwaukee Area Technical College, among others.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSA. This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

With a focus on preventing identity fraud, AMSimpkins & Associates’ comprehensive solutions will strengthen the security measures across admissions, enrollment, and financial aid processes, ensuring secure verification and compliance with federal and state regulations. S.A.F.E. will now support Wisconsin’s higher education system, offering its cutting-edge technology to streamline operations and safeguard student data.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSimpkins & Associates,” said Maurice Simpkins, President and Founder. “This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

As part of this agreement, AMSimpkins & Associates will deliver comprehensive services, including system integration, training, and ongoing support to ensure seamless implementation. S.A.F.E.’s capabilities are designed to evolve with growing threats of fraudulent activities, keeping institutions one step ahead in securing student identities.

Institutions in the Wisconsin Technical College System:

Blackhawk Technical CollegeChippewa Valley Technical CollegeFox Valley Technical CollegeGateway Technical CollegeLakeshore Technical CollegeMadison Area Technical CollegeMid-State Technical CollegeMilwaukee Area Technical CollegeMoraine Park Technical CollegeNicolet Area Technical CollegeNorthcentral Technical CollegeNortheast Wisconsin Technical CollegeNorthwood Technical CollegeSouthwest Wisconsin Technical CollegeWaukesha County Technical CollegeWestern Technical College

The S.A.F.E. platform’s advanced identity verification services will play a pivotal role in securing sensitive data and ensuring a safe and fraud-free environment for Wisconsin’s technical colleges and their students.

For more information about AMSimpkins & Associates and the S.A.F.E. platform, please visit amsa-highered.com.

Media Contact

LAQWACIA SIMPKINS, AMSimpkins & Associates, 1 6786824193, LSIMPKINS@AMSA-CONSULTING.COM, amsa-highered.com

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View original content:https://www.prweb.com/releases/amsimpkins–associates-awarded-wisconsin-technical-purchasing-consortium-contract-rfb-25-002tp—for-identity-verification-solutions-302253867.html

SOURCE AMSimpkins & Associates

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