National AI institutes get funding and talent boost from AI strategy
Mila, Amii, Vector Institute, and CAISI receive over $200 million in financial commitments.
Inovia promotes Mia Morisset to partner on growth team
Montréal VC firm’s third growth fund has raised $365 million USD of $450-million target.
Pricepoint closes $6.6-million CAD seed round for AI hospitality platform
All-Québec cap table includes Brightspark Ventures, Boreal Ventures, and AQC Capital.
Canada’s AI strategy promises to protect citizens. Critics say it still lacks teeth
Prime Minister says legislation around protecting children will come in the next few weeks.
Cohere says it is not working with Palantir
Toronto AI company says it has no relationship with US firm, despite reports of a partnership.
Canadian government gains access to Anthropic’s powerful Mythos model
Anthropic has kept Mythos in limited release amid concerns hackers could exploit the model.
Montréal research hospital opens new healthtech innovation hub
IMPACT Centre to help startups test and scale medical tech in real-life settings.
Could AI give us more time for creativity? Maybe if you’re an entrepreneur
Re-Work event explored how work will change as AI takes on human tasks.
Ontario universities’ report says schools must help students use AI properly
Post-secondaries need more money and expertise to deal with AI shift, Council of Ontario Universities says.
How Aurmada threads the needle of fashion and defence tech
Toronto startup is developing kevlar base layers and sensor-equipped garments for soldiers and everyday consumers.
Wealthsimple to offer early access to IPO trading
Upcoming IPOs for SpaceX and Anthropic are boosting demand.
Saris raises $28.8-million USD Series A to automate banks’ back offices
Canadian founders of YC-backed Oohlala Mobile return with new startup.
Canada’s quantum Cassandra is finally heard
Turing Award winner Gilles Brassard has spent decades warning about the threat posed by powerful quantum encryption.
Cohere’s Nick Frosst thinks Canadian energy can be “100 percent” renewables
Growing Canada’s domestic capacity was a focus of Homecoming’s sovereignty-themed panel.
Why Shopify’s CEO thinks the one-person company is “bullshit”
But, as Tobi Lütke said at Toronto Tech Week’s Homecoming, those companies could still make a billion dollars.