Friday, June 28th

🛞 U of T Professor Raises $200M to Launch Self-Driving Trucks by 2025

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What’s In This Email

  • U of T Professor Raises $200M to launch self-driving trucks by 2025

  • Wearable tech: Transforming health & wellness

  • Toronto’s first co-op housing project is still standing

  • Downhill karting in Calgary

  • Notable Spotlight: Da Nico

  • Notable Plug 🔌 

✍️ TAKE NOTE

Waabi Raises $200M to Launch Self-Driving Trucks by 2025

Waabi, a self-driving trucking startup founded by AI expert Raquel Urtasun from the University of Toronto, has secured US$200 million in Series B funding to deploy autonomous trucks by 2025.

Key Takeaways

  • Major Funding: Waabi's latest funding round, led by Uber Technologies and Khosla Ventures, includes investments from NVIDIA, Volvo Group, and Porsche Automobil Holding, bringing total investments to over C$380 million.

  • Innovative Technology: Waabi's AI system, which can reason like a human and generalize to unforeseen road situations, aims to revolutionize self-driving technology, making it safer and more efficient.

  • Strategic Growth: The funding will help expand Waabi's team in Canada and the U.S. and support the launch of driverless commercial deliveries in Texas next year.

  • Academic Roots: Urtasun, a U of T professor and co-founder of the Vector Institute, highlights the importance of Toronto's AI ecosystem and her alignment with Canadian values.

  • Industry Impact: Renowned AI luminary Geoffrey Hinton praises Waabi’s groundbreaking approach, emphasizing its potential to transform the autonomous systems industry.

Why This Matters: Waabi's advancements in self-driving technology exemplify the cutting-edge innovations emerging from Canada's tech ecosystem. This development not only signifies a leap forward for the AI industry but also showcases the potential for significant improvements in safety and efficiency in transportation. Understanding these advancements can provide insights into the future of AI and its practical applications in everyday life.


Wearable Technology: Transforming Health and Wellness

The wearable tech industry is booming, offering innovative solutions to improve health and wellness. From AI-powered headphones to wearable air conditioners, the latest advancements were showcased at the 2024 CES show, highlighting the convenience and potential of these devices.

Key Takeaways

  • Convenience and Accessibility: Wearable devices like smart rings and smartwatches provide easy access to health data, making it possible to monitor health metrics in real time and share this data with healthcare providers for better care.

  • Life-Saving Technology: Examples like Jessie Malone, who was alerted to a critical heart condition by her smartwatch, demonstrate the life-saving potential of wearables.

  • Gamification: Many fitness apps connect with wearables to engage users through creative challenges, enhancing motivation and making fitness more enjoyable.

  • Widespread Adoption: A significant portion of U.S. consumers, especially members of health and wellness communities, are integrating wearables into their daily routines for various activities from exercise to meditation.

  • Room for Improvement: Concerns about data privacy and accuracy highlight opportunities for innovations to meet consumer needs.

Why This Matters: Wearable technology represents a significant shift in how we manage health and wellness. The ability to monitor and improve our health through convenient, accessible, and engaging technology is transforming lifestyles. As wearables become more advanced and customizable, they have the potential to revolutionize the medical industry and everyday health practices, making it essential to stay informed about these developments and their benefits.

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 🌐 AROUND THE INTERWEBS  

Do you know about Toronto’s first and longest standing co-op housing projects?

In the early 1900s the cost of rent in Toronto increased by approximately 95% in the span of 10 years. This was part of a housing crisis that was officially declared public health crisis.

See the video below.
@museumoftoronto

Do you know about Toronto’s first and longest-lasting co-op housing projects? Over 100 years old, the Bain Street and Spruce Court co-ops ... See more

Looking for something fun to do in Calgary this summer?

Head to Winsports for some downhill karting!

See the video below.
@moonshyyne

Replying to @Moonshyyne | Travel&Lifestyle This is probably one of my favourite things to do in Calgary in the summer! Downhill Karting a... See more

🔦 NOTABLE SPOTLIGHT 🔦

Da Nico

Offers Michelin-style cuisine, exceptional service, and unique design.

@krystlengamann

Will this be the next restaurant in Toronto to win a Michelin Star? ⭐️ It has my vote. Highly recommend booking before it becomes too popu... See more

🔌  NOTABLE PLUG

🎙️ Get Into It: Decoding The Gurus podcast. An exiled Northern Irish anthropologist and a hitchhiking Australian psychologist take a close look at the contemporary crop of 'secular gurus', iconoclasts, and other exiles from the mainstream, offering their own brands of unique takes and special insights.

Leveraging two of the most diverse accents in modern podcasting, Chris and Matt dig deep into the claims, peek behind the psychological curtains, and try to figure out once and for all... What's it all About?

Join us, as we try to puzzle our way through and talk some smart-sounding smack about the intellectual giants of our age, from Jordan Peterson to Robin DiAngelo. Are they revolutionary thinkers or just grifters with delusions of grandeur? Listen on Apple or Spotify.

📄 Notable Hires: Senior Manager, Strategic Policy @ The Alcohol and Gaming Commission of Ontario (full-time, Toronto)

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🌍 Notable Destinations: Toronto to Boston ($338 - $560) Dates: July 12 - July 20. Click on this link to see the deal.

🧠 Today We Learned: You may have heard about this study or some debate on the topic floating around the internet. However, a retraction says, it’s not true. The study that says men divorce their sick wives was retracted in 2015 for a major error that severely skewed its results ("no response" was classified as "getting divorced" for men). Men do not divorce their sick wives at a higher rate than women divorce sick husbands.

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