Northside Ventures aims to build “institutional angel investor” with $30-million USD second fund
The Toronto VC has closed $17 million to date to back Canadian tech startups at inception.
AI development unlikely to slow anytime soon, OpenAI Foundation board member says
US AI safety researcher Paul Christiano says progress will accelerate thanks to AI itself.
Government of Canada signs international declaration on AI safety and security
Feds join other countries and major developers like Anthropic, OpenAI, Mistral, and Cohere.
Float appoints former BDC Capital partner Jack Fraser as FinTech’s first CFO
After investing in Float, Fraser is joining the team and returning to his operations roots.
Canadian tech sees promise in federal government’s 500-MW sovereign AI compute pledge
Smaller AI startups are getting crowded out in the compute race. The feds want to ensure they’re at the table.
Why Boson AI’s Toronto office is growing faster than its Silicon Valley HQ
The AI research lab has set up shop in Canada for its compute, talent, and predictability.
Wealthsimple unveils AI assistant and major product expansion in latest showcase
The Toronto FinTech firm revealed a dozen new banking, investing, and AI products and features.
Lightspeed meets revenue expectations, but stock drops on Q2 earnings
Montréal retail tech company’s shares are down nearly 15 percent YTD.
Ada to merge with Dialpad in deal reportedly valuing firm at $600 million
Toronto AI customer service company was worth $1.2 billion USD after closing Series C financing in 2021.
Canada is creating more startups, but fewer are raising pre-seed capital: report
The country is on track for more company creation in 2026 than 2025. AI could be a factor.
Why Canada’s Cohere stake has struck a nerve
Plus: Wealthsimple and Solink raise big rounds.
Feds to buy stake in Cohere via planned $7-billion Series E at $36-billion valuation
The Government of Canada is investing $1.6 billion in the Canadian AI darling.
Bot Food secures $1.5 million to give AI users more control over their data
Repeat AI entrepreneurs behind Wysdom are betting personal context will be key as AI becomes more powerful.
Wealthsimple announces $425-million Series F at $13.8-billion valuation
Existing backers to pour another $300 million into Wealthsimple and buy $125 million in shares from staff.
Loon clears key regulatory hurdle to offer Canadian dollar-backed stablecoin
OSC gives FinTech company and fellow Calgary firm Paytrie exemptive relief to issue and distribute CADC.