Communitech announces $1 million prize for AI competition

“Using artificial intelligence to solve a worldwide problem could get you a $1 million prize.

Saying he wants to capture the imagination of Canadians and unleash a wave of innovation, a Toronto-based tech investor is making the new competition part of Waterloo region’s annual technology conference.

David Stein made his fortune in technology after founding two software companies — Rypple and Workbrain. These days he is the co-founder and managing partner at Leaders Funds, a venture capital firm that specializes in software-as-a-service companies.

Last June, Stein attended True North, the annual technology conference organized by Communitech that attracted 2,200 people from more than a dozen countries. He was impressed.”

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