Google Canada provides $2.7 million in research grants to major Canadian AI institutes CIFAR, Amii, CEIMIA
The funding is aimed at supporting research into sustainability and responsible AI development.
Nuvei stock rises as company confirms discussions following report of potential buyout
Nuvei has formed a special committee to evaluate “expressions of interest” the company has seen.
F|T: The FinTech Times – Minerva chases anti-money laundering big leagues
Plus: Open banking framework is coming, but adoption? Not so soon.
H|T: The Healthtech Times – Salesforce launches an AI healthcare assistant
Plus: Vancouver looks to join the global big leagues of modern medicine.
DevOps platform Codezero raises $3.5-million seed round
The platform is backed by GitHub CEO Thomas Dohmke.
TrueContext to be acquired by Battery Ventures in latest Canadian go-private deal
The acquisition values the workflow platform at approximately $150 million.
R|T: The Retail Times – Life House CEO departs following mismanagement accusations
Plus: Travel perks platform Plusgrade gets a new major investor.
Majority owner Markus Frind named permanent CEO of Cymax Group
The Plenty of Fish founder first invested in Cymax in 2015.
A|I: The AI Times – OpenAI says Elon Musk agreed to plans he is now suing them for
Plus: Feds intend to move on AI legislation without industry consultation.
Alberta earmarks $55 million to build tech, science hub at the University of Calgary
The hub will include incubator space for researchers to collaborate with industry partners.
MDF Commerce to go private in $255-million acquisition by New York-based KKR
The deal’s price tag is a premium on its recent TSX close yet well below its peak value.
S|W: The SaaS Weekly – Apple’s walled garden hit with $2 billion fine
Plus: Travel perks platform Plusgrade gets major NY investor.
US-based Fortinet to open new cybersecurity tech hub in Calgary
The hub looks to address the cybersecurity skills shortage.
F|T: The FinTech Times – Boardroom skirmishes prevent Klarna’s IPO prep
Plus: FINTRAC “incident” shows cyberattacks are getting too easy.
H|T: The Healthtech Times – Canadian pharmaceutical research spending dropped in 2022
Plus: Myanmar Molecular seeks Health Canada approval.