Waterloo EDC Blog

Artificial Intelligence has already permeated the world around us, with such profound implications for the economy and society it can be classified as a second digital revolution, as powerful as the first.

Unlike programming computers with a detailed set of instructions, much of today’s artificial intelligence (AI) uses “machine learning” techniques to enable the software to “learn” from the...

There was a lot of exciting news in Waterloo over the last month, including new investment announcements, exciting new autotech research and a Governor General’s Award for one of Waterloo’s local business leaders.

Here are nine great business and investment stories:

Waterloo-based ApplyBoard, creators of an AI-enabled recruitment platform that helps international students apply to post-secondary programs in North America, has announced $55 million in Series B funding. This comes just one year after the company raised $17 million in Series A.

This new investment will help the fast-growing company further develop its platform and accelerate expansion into...

The automotive sector, a major of driver of economic prosperity in North American communities, has been evolving with technological change ever since the first mass produced cars came off the assembly lines in the early 20^th century.

But now, the pace and the type of change is nothing short of revolutionary.