Canada’s AI champion Cohere is standing up the load-bearing walls of our economy
The Toronto AI firm says that these days, the Canadian flag is a good brand.
Toronto
At Most Ambitious: Town Hall, Canadian tech’s future came into sharper focus
Canada’s AI minister, leaders of Waabi and Xanadu spoke to sold-out crowd at BetaKit’s TTW kickoff event.
Peripheral establishes first biomechanics basketball shooting lab in Toronto
U of T robotics grads and ex-racecar builders return to apply self-driving tech to sports.
How Toronto Tech Week became Canada’s largest grassroots tech event
Co-directors Julia Konefal and Mell Truong explain how TTW went from experiment to 600 events in just two years.
BEA wants to help co-founders LiinkUP at Toronto Tech Week
Co-Founder Connect lands in Toronto on May 28 to help engineer the perfect founder pairings.
Intuit lays off 17 percent of its global workforce
TurboTax parent puts resources behind “big bets” that come with strategic AI focus.
Xanadu strikes deal to raise up to $300 million USD
Toronto firm announces the deal the same day it claims quantum breakthrough.
Quantum Bridge raises $8 million USD to prepare for “Q-Day”
Series A funding will help U of T spinout scale its Q-Day-ready encryption method.
Angel Investors Ontario joins CSCA as it makes new pitch for government funding
With its future still uncertain, AIO hopes the CSCA will help advance its mission nationally.
N49P’s $25-million USD first close for Fund IV will help it hunt more “diamonds in the rough”
Toronto VC firm aims to raise $70 million to invest in more nascent tech startups.
Relay secures $50 million USD to bring more small businesses to its banking platform
Toronto FinTech firm aims to build “financial command centre” for self-made small businesses.
OpenAI partners with 1Password to secure coding agent Codex
Toronto firm’s new Codex integration aims to protect credentials in software workflows.
Cohere acquires second company with German ties in Reliant AI
Acquisition is intended to accelerate entry into the healthcare sector.
Kritik is equipping profs for the AI “arms race” coming to classrooms
Ex-Top Hat founder’s edtech startup sells peer-grading and AI software to university professors.
Xanadu reports larger net loss than expected, but quadrupled revenue in first public earnings report
Company eyeing the “big prize” of a Toronto-based quantum data centre by 2029.