L-Spark is tapping into Canada’s most powerful supercomputer in a program aimed at startups using AI to upend retail, construction, automotive and other industries. Dubbed the Sovereign AI Accelerator, the first-of-its-kind initiative is a partnership between the Kanata-based tech startup incubator and telecommunications giant Telus. Five Canadian-owned startups are developing and testing their AI solutions […]
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L-Spark is tapping into Canada’s most powerful supercomputer in a program aimed at startups using AI to upend retail, construction, automotive and other industries.
Dubbed the Sovereign AI Accelerator, the first-of-its-kind initiative is a partnership between the Kanata-based tech startup incubator and telecommunications giant Telus.
Five Canadian-owned startups are developing and testing their AI solutions on ultra-high-speed computing technology at Telus’s new Sovereign AI Factory in Rimouski, Que. Last fall, the facility was named Canada’s fastest and most powerful supercomputer by the TOP500 Project, which ranks the world’s 500 most powerful computing systems.
The startups will hone their technology on Telus’s supercomputer while getting advice on everything from marketing to fundraising from L-Spark mentors in a bid to “transform ambitious AI roadmaps into scalable, market-ready offerings,” according to a news release from L-Spark.
L-Spark managing director Leo Lax said a business connection at Telus suggested the two organizations work together to give new founders the tools they need to create the next generation of AI-fuelled software.
“They called us up and said, ‘Are you interested to partner?’” Lax explained in an interview with OBJ last week. “And we said, ‘Wow, this is fantastic.’ This is truly an opportunity that I think is going to benefit us. It's going to benefit Telus, and I think it's going to benefit Canada.”
The five companies in the accelerator’s first cohort were chosen from applicants across the country. They include:
- Montreal-based Airy3D, which specializes in 3D imaging technology that can be tailored to any camera sensor with the aim of providing “a compact, power-efficient and cost-effective solution for use in robotics, automotive, industrial automation and consumer devices,” according to L-Spark.
- Codalio, a startup headquartered in Sudbury that is building an AI-driven platform designed to build scalable, enterprise-grade apps faster and more affordably.
- Edge Signal, an Ottawa firm that helps retailers glean insights from AI tools in an effort to boost revenue and profitability, improve customer experience and make operations more efficient.
- Calgary’s PataBid, which makes AI-powered software designed to help construction firms bid on complex projects.
- Toronto-based TopoLift, which specializes in software that uses AI to help companies make more accurate business decisions.
