Coffee Briefing May 30 – Government of Canada supports Mississauga cleantech company; Thomson Reuters announces plugin with Microsoft Copilot; New cloud-based Wi-Fi platform launches; and more | IT Business
Summary
Our governments $4.8-million investment in Stromcore Energy Inc. underscores our commitment to helping businesses reach their potential as they move toward innovative green solutions and create good jobs across our province.Thanks to this investment, the company will add new advanced manufacturing equipment and launch two new products; Turbo Bank, an AI-powered charger, and Electric Cart, a zero-emission e-forklift, developed in collaboration with Amazon, to lift goods.The company said that these new products have fast-charging capability and the ability to operate in colder environments, helping improve productivity while greening operations.Stromcore also said it will create 18 new jobs, as it plans to scale its operations and enhance its competitiveness.The company also plans to continue supporting the sustainable recycling of batteries as part of a circular economy. Lets come together, unite our expertise, and redefine the future of finance on a national scale.The award competition selects a total of 25 startups to participate in a 6-week program that features workshops, coaching, guidance from industry experts, and networking opportunities. This integration seeks to help the company redefine professional work, starting with legal research, drafting and client collaboration.This comes after the company announced during its Q1 2023 results call that it intends to invest more than US$100 million annually on AI capabilities.Generative AI empowers professionals to redefine their work and discover innovative approaches, said Steve Hasker, president and CEO of Thomson Reuters. The AI delivers a draft in Word, where professionals can edit and validate their final document.The company also shared plans to incorporate the following generative AI (gen AI) capabilities: None Westlaw Precision customers can find answers to complex legal questions based on proprietary expert content None Practical Law access the expertise of more than 650 attorney editors combined with gen AI None Legal Document Review and Summary read through hundreds or thousands documents in just seconds to spot risks, resolve questions, etc.UK-based provider of wireless ISP services, GlobalReach Technology has announced Trusted WiFi, a cloud-based Wi-Fi platform designed for managed service providers (MSPs) and broadband carriers to launch Wi-Fi services quickly for their customers.The solution features a brandable captive portal, choice of authentication methods, and anonymised data capture and analytics as well as hardware support and management. Each session will be followed by a street photography experience where participants will test out their new skills.The workshops will be held on the following dates:Register for the workshops here.Additional activity relating to the resolved bribery case with Swedish telecommunications firm Ericsson and the U.S. Department of Justice (DOJ) occurred last week, with news the whistleblower involved is now an extremely wealthy individual.E-learning platform and software company Redwood Performance Group has released a new interactive workplace simulation called GradForce Skills.Microsoft details five ways to govern AI in new reportYesterday, Microsoft released a new report, Governing AI: A Blueprint for the Future, detailing five guidelines that governments should consider when developing policies, laws, and regulations around AI.Shifting to public cloud models: how businesses should be approaching a massive change in infrastructureIT World Canadas chief information officer (CIO) and chief content officer (CCO), Jim Love, sat down with Peter Near, the Canadian national director of technology for VMware, during ITWCs Digital Transformation Conference and awards.OpenAI confirmed at around 7am this morning that the site of its popular AI chatbot, ChatGPT, was experiencing an outage, following reports of elevated error rates.The IT security of Newfoundland and Labradors healthcare system before a crippling 2021 cyber attack and data theft was lacking, says the provinces privacy commissioners office, which also said there was no justification for the government not telling the public for over 500 days that it was ransomware.Channel Bytes May 26, 2023 Webex and Voiceitt partner on accessibility; Apple partners with Broadcom; Opensignal reports connectivitys effect on app usage; and moreStaying informed is a constant challenge.
