February 6, 2019 – Vaughan, York Region | Artificial intelligence (AI) is transforming industries, opening up more opportunities for businesses and helping to build a stronger, more innovative Canadian economy.

Today, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario, announced a FedDev Ontario contribution of up to $882,000 for Daisy Intelligence, an information technology company that uses a cloud-based AI platform, comprised of proprietary algorithms and theories that enhance its approach to machine learning. The model is capable of analyzing large amounts of data to support strategic business decisions such as product mix selection in the retail industry and identification of fraudulent claims in the insurance industry.

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