A|I: The AI Times – OpenAI passes $1.3B annualized revenue while Big Tech struggles to turn AI hype into profits
Plus: Canadian quantum group appoints its first CEO.
Federal government commits $2.7 million to new education project through Women Entrepreneurship Strategy Ecosystem Fund
FAIR.E, launched this week, will provide entrepreneurship education programs to 1,800 women in six provinces.
S|W: The SaaS Weekly – Atlassian to buy video messaging provider Loom for nearly $1 billion
Plus: Vendasta closes $20M in new funding following layoffs.
CANImmunize, PharmaGuide, Wave View Imaging named to inaugural cohort of Pfizer Canada’s Healthcare Hub
Pfizer Canada is earmarking $1.4 million in in-kind support and donations as part of the program.
F|T: The FinTech Times – Consumer payments startup Braid shuts down, Goldman Sachs drops BNPL
Plus: Ten Key Labs secures $10.5 million, launches AI equity management tool for founders.
First VCCI inclusive growth stream recipients get funding as Quantum Industry Canada appoints first-ever CEO
Plus: Exploring the forgotten history of Canadian venture capital.
Neo Financial, Jobber, WaitWell among winners of sixth annual Start Alberta Tech Awards
Neo Financial was recognized as scaleup of the year while Jobber was awarded for its $100 million Series D.
H|T: The Healthtech Times – A collective $29 million committed to Canadian AI healthtech integration
Plus: US mental health startup Headway raises $125 million at $1 billion valuation.
R|T: The Retail Times – Hopper makes deep staff cuts, pulls back from Asia to pursue profitability
Plus: Canada looks at limiting number of Airbnbs to free up rentals.
HaiLa Technologies closes $14 million CAD strategic investment featuring Japanese manufacturer Murata Electronics
HaiLa says funding will fuel R&D for its IoT chips and solutions.
Buddybuild founder is back with new code-assist platform Unblocked
Amplify Partners, Slack founder Stewart Butterfield among Unblocked’s investors.
Quantum Industry Canada appoints Lisa Lambert as first-ever CEO following fed investment
Quantum Industry Canada received $1.4 million as part of Canada’s National Quantum Strategy in January.
A|I: The AI Times – Anthropic in talks to raise another $2B, a16z discussed backing Midjourney rival
Plus: Samsung to manufacture chips from AI chip startup Tenstorrent.
FluidAI Medical announces $15-million Series A for AI-driven postoperative monitor
Series A round comes almost exactly one year after rebranding from NERv Technology.
S|W: The SaaS Weekly – Cardata gears up with new funding, BlackBerry plots connected-car split
Plus: Qualtrics lets go of 780 workers.