Leaked draft of Canada’s AI strategy reportedly reveals plans for tech growth fund
Draft policy promises more funding for AI Compute Access Fund and Canada’s network of AI institutes.
BDC extends Isabelle Hudon’s mandate as CEO through 2030
Crown corporation’s board chair says Hudon will help shape its next five-year strategy.
Questrade’s Salim Naran doesn’t understand why more people aren’t using AI for personal finance
At Toronto Tech Week, Naran said uptake of AI tools for financial management is “surprisingly low.”
Purpose CEO Som Seif says “self-centred” finance industry is killing competition
Amidst battle with OSC, Seif claims incumbents wield the regulated nature of the financial industry against change.
Investor burn books and FaceTiming Serena Williams: three founder fundraising stories from Homecoming
CEOs of Float, Neo Financial, and Rebel told Homecoming attendees how they courted investors.
Uber’s president doesn’t know what the company’s 10.5 million drivers will be doing in 15 years
Andrew Macdonald tells Toronto Tech Week’s Homecoming that the gig app’s labour pool may soon start to shrink.
Lastwall raises $16 million to defend critical infrastructure in cyberspace
CEO says modern cyber warfare involves targets once considered off limits.
WonderFi clears final regulatory hurdle to be acquired by Robinhood
More than a year after inking the deal, it’s finally slated to close on June 1.
From the ashes of Ubisoft Halifax, an indie studio rises to revive Atlantic Canada’s gaming industry
Besszong is figuring out the mechanics of its debut game, and how to run a studio with no money.
Intuit lays off 17 percent of its global workforce
TurboTax parent puts resources behind “big bets” that come with strategic AI focus.
Canadian angel investment falls to five-year low, but women investors gain ground
NACO says women now represent 40 percent of members in participating Canadian angel networks.
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.
Sagard spins up new $150-million USD AI fund
New fund will target companies helping accelerate AI adoption in financial services and other sectors.
Cohere acquires second company with German ties in Reliant AI
Acquisition is intended to accelerate entry into the healthcare sector.
Feds back new group embedding graduate researchers with Canadian companies
TICAN will work with firms to identify R&D challenges, then find grads who can solve the problem.