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Right On Time for the Canadian Grand Prix 🏎️ Google Invests Big to Keep Canada in the AI Race 🏁🌍

Your AI Product - News Report - June 11th

For those that are new around here, this is an extension of my weekly newsletter where I highlight new and innovative AI products that are worth exploring.


Hey hey!

Happy Wednesday!

Here’s your news in newsletter!

Riding off the high of yesterday’s catchup recap, Today’s News issue covers the news from the past week, so it’ll be short and sweet.

In this Issue:

  • Your Weekly Industry News Recap

  • The Raise Recap

Headliner: Google Invests Big to Keep Canada in the AI Race 🏁🌍

Google just dropped $13M into Canada’s AI future, launching the AI Opportunity Fund to supercharge local talent. 🇨🇦🚀 This fund will help train workers and build the next generation of AI experts as competition heats up globally. 🌎🔥 It’s not just about jobs—it’s about keeping Canada in the innovation game long-term. 💡🎯 With Google behind it, the race for AI talent is getting serious.
🔗 Read more

Your Weekly Industry News Recap

  • AI Won’t Replace Humans—It’ll Replace Skills
    Tech won’t take your job, but it’ll definitely expect you to learn new tricks. 🧠🔄
    🔗 Read more

  • Kovr AI Officially Debuts with Compliance Tech
    A new player enters the AI compliance scene, promising smoother regulation handling. 🧾⚙️ 🔗 Read more

  • Snowflake Adds Agentic AI Products to Marketplace
    The data giant is welcoming more AI-ready tools into its ecosystem. ❄️🤖
    🔗 Read more

  • World Economic Forum Urges Responsible GenAI
    WEF’s latest guidance calls for thoughtful product design and ethical guardrails. 🧭🛡️ 🔗 Read more

  • What’s the Real Cost of Building an AI Product?
    Spoiler: It’s not cheap. This guide breaks down the time, talent, and tools you’ll need. 🧾💸 🔗 Read more

  • Amazon Forms New Agentic AI Group in R&D Lab
    Amazon’s getting serious about AI agents—and they’ve spun up a whole new team to prove it. 🧪🤖 🔗 Read more

  • IBM Sets the Benchmark for Agentic AI
    IBM’s new suite of tests shows which AI agents are ready—and which are just hype. 📊🧠 🔗 Read more

  • AI Agents Tapped for Banking Compliance
    Banks are loving agentic AI for handling rules, reporting, and staying out of hot water. 🏦🤓 🔗 Read more

  • Anthropic Tool Diagnoses What Breaks Your LLM
    Finally! A tool that shows exactly where your language model fails. 🔍💬
    🔗 Read more

The Filipino SEC Launches Innovation Chatbot in a surprising move from regulators
AI meets public service with this new chatbot rolling out under SEC. Easier discovery of compliance requirements means, easier understanding of the rules. It’s a curious next step, but one that may spark a bigger movement to ease-of-access for other regulators internationally! 🤖 🔗 Read more

  • Anitian Uses AI to Speed Up FedRAMP Compliance
    FedRAMP’s slow process just got a major upgrade with automation from Anitian. 🧾⚡ 🔗 Read more

  • Manufacturers Lean into AI for Uncertain Times
    95% of manufacturers are investing in AI to stay agile and competitive. 🏭🔁
    🔗 Read more

  • Do We Need an AI Moratorium?
    Some experts say the world should hit pause before racing ahead with powerful models. ⏸️🧠 🔗 Read more

  • France’s H-Company Debuts 3 New Agentic Models
    France is throwing its hat into the agentic AI ring with a bold product suite. 🇫🇷🤖
    🔗 Read more

This Week’s Raise Recap 📈💰 

  • Solidroad Raises $6.5M to Reinvent Customer Service
    This AI doesn’t replace reps—it coaches them in real time. Coaching bots are the new playbook. 🧑‍🏫🤖 🔗 Read more

  • Filament Syfter Grabs $4.8M to Tackle Financial Risk
    Fintop led the round for this AI-powered fraud and compliance intelligence platform. 🕵️‍♂️💼 🔗 Read more

  • Sema4 AI Adds $25M to Series A Extension
    The health AI company is doubling down on scaling predictive analytics in medical workflows. 🧬📊 🔗 Read more

  • Trustifi Raises $25M to Secure Email with AI
    Email security gets a boost with Trustifi’s “channel-first” AI platform for enterprise protection. 📬🛡️ 🔗 Read more

  • Kiwi Raises $7.8M to Serve Underbanked Latinos
    This AI-driven credit platform is helping underserved U.S. communities gain access to finance. 💳🧠 🔗 Read more

  • Compyl Closes $12M to Rethink Risk with AI
    Governance, risk, and compliance just got smarter thanks to Compyl’s AI-powered engine. 🏛️📉 🔗 Read more
    🔗 Read more (duplicate coverage)

  • ThreatSpike Lands $14M to Boost Cybersecurity
    ThreatSpike’s Series A is fueling its real-time monitoring tech to sniff out cyber threats. 🖥️🔐 🔗 Read more

  • Speedata Raises $44M to Challenge Nvidia
    Speedata is making custom chips to take on AI giants, and it just got serious funding to do it. 🖲️⚡ 🔗 Read more

  • Voxel Raises $44M to Prevent Workplace Accidents
    Using computer vision, Voxel’s AI watches your warehouse to stop injuries before they happen. 📦👁️ 🔗 Read more

  • Ciroos AI Raises $21M to Scale Ops AI
    Stealth-mode no more—Ciroos is building tools to automate and optimize IT ops with agents. 🧠🛠️ 🔗 Read more

  • Cybernetix Ventures Raising $100M for AI + Robotics Fund
    Physical AI is having a moment, and Cybernetix wants to own it with a fresh $100M bet. 🤖💸 🔗 Read more

WHAT I’M STILL READING

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Stay well, and see you next week!

-✌🏽 Sam

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