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.
Vention opens new physical AI lab to put more “R” into its R&D
Cohere’s Joelle Pineau will give part-time help setting research agenda at Montréal-based company.
US government invests $200 million USD in Canadian-founded quantum firms
D-Wave and Rigetti both receive $100 million as US government takes stakes in quantum companies.
The Canadian tech stories we’re tracking this fall
Plus: The Feds’ new data centre development guidelines lack teeth.
Molagri wants to design a pesticide that evolves as quickly as pests
Toronto startup looks to emerge from Y Combinator’s Demo Day with “war chest” to hire more scientists.
Quandela brings first photonic system to Canada’s Quantum Computing Sandbox
French company gives businesses and researchers access to quantum capabilities on Canadian soil.