Anthropic job posting suggests it’s eyeing Alberta for data centre buildout
AI giant hiring community engagement manager and national compute lead to bring “gigawatts of compute” to Canada.
Space lands a16z speedrun backing for its vision to turn the cloud into your hard drive
Startup raises $2.4 million USD to build a more seamless version of Dropbox and Google Drive.
Campus safety platform Legio raises $5 million USD from Klass Capital
Funding will help with product development and sucuring partnerships with post-secondary institutions.
Xanadu and University of Alberta partner on quantum-powered cancer research
Researchers hope quantum computing can help develop next-gen photosensitizers for light-based therapies.
Telesat’s steep Q2 net loss slows its stock bull run
Satellite operator attributes its $559-million net loss to increased value of debt and warrants.
The AI text conundrum
Plus: AbCellera cashes in on menopause drug breakthrough.
RBC and BMO to sell off Canadian payment giant Moneris in $2-billion deal
US-based private equity firm Francisco Partners purchases one of Canada’s largest payment processors.
This Ottawa scientist believes skincare is a foothold into the future of medicine
BioThera Solutions’ Frédéric St-Denis-Bissonnette is working with molecules that could help fight cancer.
How a giant battery is transforming a town centre in Cannington, Ontario
Toronto startup Civic Grid is trying to put a new face on public power sources.
U of T prof Sanja Fidler leaves as Nvidia’s VP of AI research
Fidler did not reveal her next move, but said world models are the “next breakthrough” in AI.
Intellistake to acquire Dallas-based NanoAi for $17 million in stock
Vancouver company will combine its enterprise AI infrastructure with NanoAi’s air screening devices.
Telesat, MDA Space tapped for $2.3-billion Arctic satellite buildout
Federal contract will expand Lightspeed constellation from 156 to 225 satellites.
Canadian FinTech braces for US competition
Plus: Was OpenAI’s rogue agent unstoppable?
NordSpace’s venture arm makes undisclosed strategic investment in North Vector Dynamics
Canadian aerospace companies have already been tackling defence and hypersonic research projects together.
Questrade is remaking its platform for an AI-driven investing market
Digital brokerage showcased chatbot-driven investing, research, and trading options at summer product showcase.