Last week, Waterloo-based BlackBerry announced that it has acquired Cylance, an artificial intelligence and cybersecurity company, for $1.4 billion. This acquisition makes BlackBerry – once known primarily for building the world’s most secure smartphones – one of the world’s largest cybersecurity firms.
Waterloo is quickly becoming one of North America’s hotspots for applied artificial intelligence. Our recent survey found that our community now boasts 95+ AI businesses, from global giants like Google and SAP to startups launching products that bring artificial intelligence to advanced manufacturing, automotive technology, robotics, security and more.
There was tons of exciting news in Waterloo over the last month. That made choosing just 10 stories a challenge, but we did it anyway.
Here are 10 great business and investment stories:
A new report from Current magazine ranks the University of Waterloo 4th in the Americas for innovation in Artificial Intelligence (AI) and robotics.