Relocalize to build fully autonomous “dark” microfactory in Montréal
Startup opening sustainable microfactory for water cold packs that will run in complete darkness.
AI
ThinkLabs secures $28-million USD Series A to help power grids manage data centre demand
The AI race will take a toll on power grids. ThinkLabs wants to use its own AI to help.
Venture studio AXL appoints fellows from Nvidia, NASA, Samsung
First cohort of senior U of T scientists aims to bolster studio’s industry expertise.
Feds reveal streams behind $1-billion VC initiative as budget becomes law
Government’s commitments to defence, financial services, VC, and more pass royal assent after months of debate.
Canadian VCs are starting to fear an AI-driven “SaaSpocalypse”
At CIX Summit’s Investor Forum, VCs grappled with AI’s impact on an already tough market.
Mila teams up with Mozilla to build open-source AI tools
Firefox maker investing initial $1 million into partnership with Montréal AI institute.
Opendoor hiring in Canada as it looks to make Toronto a “major hub”
Up to 100 people could join Toronto team, but company has no immediate plans to enter Canadian market.
Denvr signs two defence deals to deepen sovereign AI push in Canada
Calgary company teams up with Dominion Dynamics on drone simulation and Sapper on intelligence and cyber defence.
OpenText lays off four percent of its global workforce
Cuts come as former IBM Americas president Ayman Antoun prepares to take over as CEO.
Cohere teams up with Swedish defence firm Saab on AI for surveillance jets
Agreement marks the latest step in Cohere’s push to integrate its AI into defence technology.
Spark Microsystems secures additional $17 million in Series B funding
Montréal chip firm aims to enable next-gen, short-range wireless communications.
Online legal database CanLII and AI startup Caseway settle copyright dispute
Settlement terms are confidential but both parties say they will move forward independently.
Ecolab to acquire CoolIT Systems for $4.75 billion USD
Acquisition of Calgary cooling systems manufacturer will be finalized in third quarter of 2026.
Canadian companies make their case at Nvidia’s GTC conference
Cohere, Telus, and others showcase how they’re building with Nvidia’s dominant AI infrastructure.
Defence and housing take centre stage at N3 Summit
Flagship advanced manufacturing summit will bring together leaders across defence, housing, AI, and robotics.