OpenAI sued by mother of Montréal woman who died by suicide
Complaint comes as Canada introduces bill that would hold chatbot providers liable for harms.
AI
Ballooning AI costs have Canadian startups weighing alternatives
Canadian startup leaders brace for more price increases to the models they rely on.
Nesto secures nearly $1.5-billion valuation in new Series E round
Montréal-based digital mortgage lender wants to speed up approvals using AI.
Clio acquires fellow Canadian legaltech firm Jurisage
Deal gives Clio the legal database it needs to advance its AI roadmap on home turf.
AI rollup company Beacon closes $225-million USD Series C round
Toronto holding firm fuels up to continue software acquisition spree.
Cohere signs exploratory AI agreement with Québec government
MOU tasks Toronto AI company with exploring AI use in province’s public service.
DataBraid secures $1.9 million USD to solve insurance brokers’ “portal hopping” problem
Brainchild of Koru and Scoop aims to solve the quiet inefficiency eating away at brokers’ margins.
Physical AI and economic nationalism at BetaKit Most Ambitious: Town Hall
Waabi’s Raquel Urtasun and CCI’s Jim Balsillie came to Toronto Tech Week armed with data and predictions.
Q&A: OpenCode’s founder on how the AI agent went from zero to 8 million users in a year
Jay V talks key growth decisions and agentic AI’s next wave of adoption.
Inside the GTA facility housing one of Canada’s most powerful supercomputers
Trillium helps Canadian researchers with massive jobs like simulating oceans and modelling stars.
Is Canada’s AI strategy a plan of action?
Plus: Waabi’s Raquel Urtasun explains the coming Physical AI revolution.
National AI institutes get funding and talent boost from AI strategy
Mila, Amii, Vector Institute, and CAISI receive over $200 million in financial commitments.
Inovia promotes Mia Morisset to partner on growth team
Montréal VC firm’s third growth fund has raised $365 million USD of $450-million target.
Pricepoint closes $6.6-million CAD seed round for AI hospitality platform
All-Québec cap table includes Brightspark Ventures, Boreal Ventures, and AQC Capital.
Canada’s AI strategy draws mixed reviews from across tech ecosystem
Viewpoints differ, but experts aligned that strategy needs clearer timelines and greater detail.