Heidi invests nearly $26 million to establish Toronto as North American headquarters
Australian healthtech plans to hire 30 more staff in Canada, its second-largest market.
Altis Labs raises $25 million USD Series A to expand AI for cancer trials
New funding will help build out a platform designed to detect treatment effects sooner.
Shopify becomes OpenAI’s first e-commerce partner with ChatGPT Ads integration
Integration allows merchants to sync storefronts and advertise directly inside ChatGPT in the US.
Aidan Gomez says Cohere won’t get into the business of making chips
Toronto AI company won’t follow competitors in pursuit of in-house semiconductors.
OpenAI managing director says Canada an “obvious place” for data centre
George Osborne also praised the country’s efforts to solicit international investment and boost AI adoption.
Terry Fox Research Institute commits $25 million to AI powered health projects
Fourteen Canadian projects can use TFRI’s secure platform to analyze “vast amounts of complex health data.”
Yoshua Bengio’s LawZero receives $300 million backing from Canada and Germany to pursue safer AI ambitions
Non-profit startup will use the funding to establish a Berlin office and a Canadian sovereign compute partnership.
Cohere reaches terms with German peer Aleph Alpha to take on AI giants
Combined company will retain the Cohere name and become dual-headquartered in Toronto and Berlin.
BDC outlines how it will deploy $1 billion from its Defence Platform into funds and startups
Crown corporation increased direct defence investment capacity and pledged more to defence-focused fund-of-funds.
Bell announces $50-billion buildout to produce Canada’s largest data centre in Saskatchewan
Non-binding MOU would be largest private capital investment in province’s history, quadrupling planned capacity.
Cohere CEO Aidan Gomez says Canada could become a data centre superpower
Remarks at the Canadian Global Growth Forum follow recent guidelines on data centre development in Canada.
Intrepid Growth Partners secures $525-million USD final close for inaugural AI fund
Former leaders from OMERS, CPPIB, and CDL lead fund to find “the next generation of AI founders.”
Tracking the Canadian capital commitments surrounding Carney’s investment summit
BetaKit’s running list of the major investors committing billions of dollars to Canadian projects.
Gravity’s 23-year-old founder left Vancouver for San Francisco. One day, he hopes to come back bigger
AI adtech startup hopes to eventually parlay its $30.5-million USD Series A into a Canadian office.
Galaxia raises $4.5 million to bring satellite computers to Canada’s space race
Halifax startup developing AI-powered satellites that can process and analyze data in orbit.