WonderFi Q2 earnings show widening losses ahead of Robinhood takeover
A volatile crypto market has affected the Canadian startup’s final months of independence.
Healwell plans to offload research, patient businesses as it focuses on AI
Both Healwell and parent company Well Health reported record earnings in Q2.
Commissioner of Canada Elections will “explore the use” of AI
The move comes amid threats to election integrity from AI-enabled disinformation.
Mogo sells $13.8 million of WonderFi stake to buy Bitcoin ahead of Robinhood deal
The company increased Bitcoin holdings as part of a $50-million crypto treasury strategy.
NGen helps lead $108-million investment in sustainable manufacturing tech
News comes as Carbon Upcycling breaks ground on a CO2 capture facility.
WonderFi co-founder’s xTAO startup secures $31 million CAD for its decentralized AI network
The blockchain company is now publicly traded on the TSX Venture stock exchange.
Canada pulls Digital Services Tax to avoid stalling US trade negotiations
CVCA, academics, and business groups had urged ditching the tax to prevent US retaliation.
LeddarTech bankruptcy filing reveals $146 million in debts to Québec, BDC, and other backers
Autonomous driving firm warns that shareholders won’t recoup much value.
Canadian FinTech community mourns Equitable Bank CEO Andrew Moor
Executives from Wealthsimple, Borrowell, and others remember leader and open banking advocate.
Shopify’s Tobi Lütke says his company is embracing AI to prevent stagnation at Homecoming
The CEO of Canada’s largest tech company doesn’t want “the tree rings to show.”
Conquest Planning raises $110-million Series B to fuel US expansion of its financial management platform
Growth Equity at Goldman Sachs Alternatives led the Winnipeg startup’s latest funding round.
Xanadu, NRC, and U of T partner on using quantum to improve electric vehicle batteries
Researchers hope the project results in faster charging, longer battery life, and lower prices.
Government-backed program aims to help Canadian non-profits adopt responsible AI
RAISE hopes to make Canada a leader in AI for charities and social impact causes.
Canada shows its hand: Balatro wins Apple Design Award ahead of developer conference
Solo creator shouts out fellow Canadians as he bests Ubisoft and other large rivals.
Women-led startups sweep first Pitch competition on stage at Web Summit Vancouver
Early-stage sustainability startup Lite-1 edged out Glüxkind and Vodasafe.