Hitachi Establishes Its Fourth Corporate Venture Capital Fund to Capture Technology Turning Points and Future Growth Opportunities
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Hitachi Establishes Its Fourth Corporate Venture Capital Fund to Capture Technology Turning Points and Future Growth Opportunities

February 6, 2025 Total Assets Under Management (AUM) Reaches 1 Billion USD, Contributing to Sustainable Growth with a World-Class Investment Scale Hitachi, Ltd. recently announced the establishment of the fourth fund of the corporate venture capital (hereinafter referred to as “CVC”) fund “HV Fund” with a purpose to identify startups with the potential to create or…

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Teledyne FLIR Launches Prism Supervisor Software, Enhances UAS Autonomous Capabilities

January 31, 2025 Prism Supervisor integrates drone autopilot flight control systems with real-time, AI-based observations Teledyne FLIR OEM, part of Teledyne Technologies Incorporated, recently announced the release of Prism™ Supervisor, the latest addition to its Prism embedded software ecosystem. Prism Supervisor integrates drone autopilot flight control systems with real-time, AI-based observations at the edge to improve…

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CADDi Joins Google Cloud Partner Advantage to Drive Data-Driven Innovation in Manufacturing

January 30, 2025 Collaboration empowers manufacturers to streamline document management, enhance collaboration, and unlock greater operational efficiencies CADDi, a leading AI data platform for manufacturers, recently announced that it has joined Google Cloud Partner Advantage as a Partner Level partner for Google Cloud in the Build Engagement Model, enabling manufacturers to streamline operations and unlock…

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Xanadu Introduces Aurora: World’s First Scalable, Networked and Modular Quantum Computer

January 28, 2025 Xanadu has achieved what they say is a world-first in the quantum computing industry by successfully building a universal photonic quantum computer consisting of four modular and independent server racks that are photonically interconnected and networked together. This 12 qubit machine, known as Aurora, consists of 35 photonic chips and a combined 13…

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Lighting Up the Quantum Computing Horizon with Aurora

January 28, 2025 A peek inside Xanadu’s latest and greatest photonic quantum computer—Aurora. By Zachary Vernon The Xanadu team has recently announced the successful completion of Aurora, their latest photonic quantum computer. This machine follows in a line of successively more sophisticated earlier systems demonstrations, including X8 and Borealis. Both of those were ground-breaking in their own right: X8 brought…

Lighting Up the Quantum Computing Horizon with Aurora
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Introducing Aurora: First Modular, Scalable and Networked Quantum Computer

January 28, 2025 Introducing Aurora: Introducing Xanadu’s new quantum computer called Aurora! This is the first time a quantum computer has been built that is modular, networked and truly scalable. Aurora is peer reviewed in Nature: It is the very first time anyone has combined all the subsystems necessary to implement universal and fault-tolerant quantum…

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ABB Robotics Names T-Robotics and Mbodi as AI Startup Challenge Winners

January 24, 2025 ABB Robotics recently declared T-Robotics and Mbodi the winners of its 2024 ABB Robotics AI Startup Challenge, marking a significant milestone in advancing artificial intelligence solutions for industrial robotics. Selected from over 100 global applicants, these pioneering startups will help transform how industrial robots understand, learn, and adapt to complex manufacturing environments…

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One Equity Partners Completes Investment in Comau, an Italian Industrial Automation Leader

January 24, 2025 One Equity Partners Completes Investment in Comau, an Italian Industrial Automation Leader One Equity Partners (“OEP”), a middle market private equity firm, have announced that it has completed a majority investment in Comau S.p.A. (“Comau”), making Stellantis an active minority shareholder. Comau is a global technology company specializing in industrial automation and advanced robotics. As…

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Siemens Unveils Breakthrough Innovations in Industrial AI and Digital Twin Technology at CES 2025

January 24, 2025 Siemens is showcasing its vision for the future where data, AI and software-defined automation will converge to enable unprecedented flexibility, optimization and continuous improvement across the world’s industries, for companies of any size. This ambition is at the heart of Siemens’ presence at CES 2025, the world’s most influential tech event. Siemens…

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Government of Canada Supports Xanadu to Accelerate Quantum Computing Research and Education

January 21, 2025 Xanadu receives $3.75M CAD through the Regional Quantum Initiative to accelerate the development of quantum software for practical applications Xanadu (xanadu.ai), a world leader in photonic quantum computing, received a repayable contribution from the Government of Canada, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), to help companies advance…

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Ontario Building Fortress Am-Can to Strengthen Security on Both Sides of the Border

January 14, 2025 Province’s strategic capabilities can enhance protection of land, air, Arctic and water On January 14, Premier Doug Ford outlined Ontario’s plan to strengthen security on land, water and in the air along the Canada-U.S. border, including protecting Arctic sovereignty, as a key component of Fortress Am-Can, a renewed strategic alliance between Canada…

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ABB Invests in Generative AI Energy Manager Startup Edgecom

January 6, 2025 ABB is investing in a strategic partnership with Edgecom Energy, the Toronto-based energy management startup. The company’s unique energy management platform uses generative artificial intelligence to help industrial and commercial users manage and reduce peaks in their power demand. It is the first in the market to use a generative AI copilot…

Beckhoff nominated for Best of Industry Award 2024
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Beckhoff Nominated for Best of Industry Award 2024

January 3, 2025 TwinCAT 3 Machine Learning Creator among the top 3 in the Artificial Intelligence category Beckhoff is delighted to announce that they has been nominated for the Best of Industry Award 2024 in the Artificial Intelligence category. This prestigious award, presented by the Vogel Communications Group, honors outstanding innovations in the industry. Their…

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Canada to Drive Billions in Investments to Build Domestic AI Compute Capacity at Home

December 11, 2024 Strategy will invest in cutting-edge AI infrastructure and supercharge innovation to strengthen Canada’s AI advantage Compute is the technology that powers artificial intelligence (AI). It’s the chips and the data centres, the backbone of this transformative new technology. Access to cutting-edge compute infrastructure is crucial for securing Canada’s AI advantage, empowering researchers and…

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Schneider Electric Announces New Solutions to Address the Energy and Sustainability Challenges Spurred by AI

December 4, 2024 Schneider Electric, the leader in the digital transformation of energy management and automation, has today accelerated its end-to-end AI-ready data center solutions with new announcements that address the urgent energy and sustainability challenges driven by high demand for AI systems. The first part of the announcement is a new data center reference design,…

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Federal Government Launches Programs to Help Small and Medium-Sized Enterprises Adopt and Adapt Artificial Intelligence Solutions

November 12, 2024 Canada is a world leader in artificial intelligence (AI). Our vast AI ecosystem includes researchers, academics, entrepreneurs and more than 1,500 innovative companies, many of which are small or medium-sized enterprises (SME), serving a wide variety of economic sectors that include health, financial services and agriculture. On October 22, the Honourable Chrystia…