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Waterloo EDC Blog

Waterloo companies ranked among world's most promising AI startups

Posted by Waterloo EDC on March 10, 2020

Waterloo is home to an abundance of successful AI startups. Last week, the community was recognized internationally for two of its ground-breaking companies. DarwinAI and Faire have been ranked as two of the top 100 AI startups worldwide.

The AI 100 is an annual ranking list by CB Insights of carefully selected startups with the most potential in the world. This year’s list includes companies...

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Topics: technology, startup, artificial intelligence

Four Waterloo companies on list of potential tech “unicorns”

Posted by Waterloo EDC on February 12, 2020

The annual Narwhal List of top companies based on global growth prospects identified four Waterloo companies as potential unicorns.

The term “narwhal” (a Canadian version of “unicorn”) is used to describe a private company valued at more than $1 billion that has the potential to go public. The Narwhal List identifies companies with the highest potential of unicorn success using a metric they...

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Topics: security, technology, artificial intelligence

Google announces big expansion of its Canadian operations

Posted by Waterloo EDC on February 6, 2020

Google has announced plans for significant new expansions in Waterloo, Toronto and Montréal.

At an event in Toronto, the company announced it is constructing new offices in each city, with the aim of accommodating up to 5,000 employees by 2022. Google currently employs 1,500 engineers, sales leaders and AI researchers in Canada, which means it will more than triple in size over the next two...

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Topics: technology, business, artificial intelligence, site selection

Waterloo-based Northern Digital makes measurements the world can trust

Posted by Waterloo EDC on January 20, 2020

For over three decades, Northern Digital Inc. (NDI) has built a reputation as a leading innovator and manufacturer of advanced 3D measurement technology systems.

With more than 45,000 installations worldwide, NDI’s optical measurement and electromagnetic tracking solutions are trusted by the world’s top OEMs and institutes for the most complex—and groundbreaking—tracking applications in...

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Topics: technology, talent, artificial intelligence

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