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This guys annoys me a an entrepreneur because he gets a sh*t ton of government money and it starves the rest of the ecosystem in Montreal. The previous startup
by Sytten 1y ago
This guys annoys me a an entrepreneur because he gets a sh*t ton of government money and it starves the rest of the ecosystem in Montreal. The previous startup he made with that public money essentially failed. But he is some kind of hero of AI so it's an easy sell for politicians that need to demonstrate they are doing something about AI.
- appleaday1 1y agoThis is misinformation and you are sharing some very dangerous things online.
- anitil 1y agoIt reads like possibly slander, but dangerous? I don't understand how it could be dangerous
- morkalork 1y agoThe sentiment is real in Montréal for the rest of whomever wasn't holding on to the coattails of the government's golden-boy. $100M and what to show for it? A cool office in Rosemont? That company was fucked.
- saagarjha 1y agoI think Hacker News is better when it doesn't involve vague threats.
- fidotron 1y agoThis is accurate, and what's impressive is how well this is scrubbed from the internet. For example: https://en.wikipedia.org/wiki/Element_AI https://en.wikipedia.org/wiki/Element_AI You'd have no idea about the fact most of the money came from the Quebec pension fund (which is then where the ServiceNow money went). For that you have to go to https://betakit.com/element-ai-announces-200-million-cad-series-b-round/ https://betakit.com/element-ai-announces-200-million-cad-ser... or https://www.cdpq.com/en/news/pressreleases/cdpq-expands-its-artificial-intelligence-offering https://www.cdpq.com/en/news/pressreleases/cdpq-expands-its-... Managing to spend $200M on AI in 2019 and having nothing to show for it in 2025. Quite impressive with hindsight.
- afutjhkwsjug 1y ago[dead]