Last month, the Toronto Region learned it had made Amazon’s shortlist of 20 potential candidates to host its second North American headquarters. We are honoured to have been included in this esteemed group of incredible cities — even more so as Canada’s representative on the list.
This is an unmistakable sign that our region is regarded as one of the best destinations in North America for investment and expansion. The Amazons of the world are taking note, and we believe it’s the start of big things to come for our region.Read more
When Sidewalk Labs hosted a public forum in Toronto last November to gather feedback on its plan to build a data-driven innovation hub on a mostly derelict stretch of industrial waterfront, several participants posed tough questions about how the company, a subsidiary of Alphabet/Google, would address privacy issues—questions that have yet to be answered some three months later.Read more
Mayor John Tory has announced that the City of Toronto is launching two smart traffic signal pilot projects to test the latest adaptive traffic management technologies, in order to evaluate which of two rival systems is most suitable for Canada’s largest city.
As its fourth largest city, Toronto was the first in North America to deploy a computerized traffic signal control system when it introduced the technology in the 1960s. The city currently uses a mix of earlier generation traffic systems, some of which are over 20 years old, to control about 2,400 traffic signals.Read more
TORONTO — In 2012, Geoffrey Hinton changed the way machines see the world.
Along with two graduate students at the University of Toronto, Mr. Hinton, a professor there, built a system that could analyze thousands of photos and teach itself to identify common objects like flowers and cars with an accuracy that didn’t seem possible.
He and his students soon moved to Google, and the mathematical technique that drove their system — called a neural network — spread across the tech world. This is how autonomous cars recognize things like street signs and pedestrians.Read more
Google’s founders have long fantasized about what would happen if the company could shape the real world as much as it has life on the internet.
“Years ago, we were sitting there thinking, Wouldn’t it be nice if you could take technical things that we know and apply them to cities?” Eric Schmidt, the executive chairman of Alphabet (now Google’s parent company), said Tuesday. “And our founders got really excited about this. We started talking about all of these things that we could do if someone would just give us a city and put us in charge.”Read more
I was born in Bombay, but I moved to the U.S. for college, to study computer science. Once I was done with that, I wanted to found a company, but I couldn’t. I was on a student visa, so it wasn’t legally possible. I moved to Singapore in 2006, because it seemed like a more accepting place, and I built a company there: Socialwok, an enterprise collaboration platform, similar to Slack. We won a TechCrunch competition in 2009, which led to a lot of interest from companies in Silicon Valley. We didn’t get any huge acquisition offers, but we caught the eye of someone at LinkedIn. A few months later, I moved to Silicon Valley to work for them.Read more
U of T, City of Toronto sign memorandum of understanding to support present and future collaboration
University of Toronto faculty and students are helping the City of Toronto to reach its greenhouse gas reduction goals, develop policies to ensure that everyone in the city has access to affordable, healthy food, and promote the city as one of the world’s leading cultural centres.
These projects are just a few of the ways U of T’s urban experts are helping to make Toronto safer, more inclusive and globally recognized.Read more
Tulip.io Inc., whose mobile software allows sales associates and retailers to engage more effectively with customers, has raised $40 million in a new round of venture-capital financing led by Kleiner Perkins Caufield & Byers.
The financing, which marks Kleiner Perkins' largest investment in a Canadian technology startup, will help Tulip double its staff, expand to retailers in Europe, South America and Asia as well as develop its software for other industries such as the hospitality sector.Read more
Vancouver isn’t the only metropolis north of the border buzzing with tech.
Quebec’s largest city is becoming internationally renowned as a research hub for artificial intelligence. Google (GOOGL, -0.55%) last November established a new A.I. research group in its Montreal office, pledging to invest $4.5 million over three years in the Montreal Institute for Learning Algorithms, an A.I. research lab at the University of Montreal. And earlier this year, Microsoft doubled the size of its local A.I. research group. The tech giant also pledged $6 million to the University of Montreal and $1 million to McGill University over the next five years. Outside of A.I., Amazon (AMZN, +1.02%) houses massive cloud data centers nearby.Read more
TORONTO, July 11, 2017 /CNW/ - Leaders from Toronto's startup and corporate innovation community gathered at the top of the CN Tower to announce a new technology festival called Elevate Toronto that will take place September 12 - 14, 2017. This new festival will showcase Toronto's thriving tech ecosystem while promoting Toronto internationally as a world class destination for innovation, startups, talent and investment.
Toronto is already recognized for its leadership in Artificial Intelligence, FinTech, Blockchain, and other areas of emerging technology, which will dramatically alter how we work and communicate. During the conference portion of Elevate Toronto, experts from these fields will give keynote addresses.Read more