NATO backs Canadian defence tech with nearly $1 million for two companies
Reaction Dynamics and Tactiql each get 300,000 euros as part of DIANA tech accelerator.
SRTX names BonLook co-founder Sophie Boulanger new CEO
Founder Katherine Homuth left the company in March.
InBC CEO Jill Earthy leaves after “mutual decision” with board
Earthy expects no short-term strategy changes as organization searches for new head.
New era at Mila as Hugo Larochelle named scientific director
The Google alum says the AI institute should be “ambitious” and “do more.”
“Academically disingenuous”: Cohere co-founder calls out Sam Altman for AGI hype
On 20VC Podcast, Nick Frosst rejects idea that AI models pose a threat to humanity.
NordSpace’s rocket launch thwarted by faulty safety system, weather delays
Attempt at delivering the first Canadian commercial rocket launch delayed until at least September.
Ssense seeks to “safeguard” company from potential sale through creditor protection
Online retailer facing headwinds due to US trade policy, dip in luxury demand.
Bench IQ raises $7.3 million CAD for AI platform analyzing judicial rulings
CEO’s previous company still in litigation with Thomson Reuters over 2020 copyright case.
Cohere president Martin Kon stepping down, remains “key member” of the team
Enterprise AI company recently added former Meta, Uber execs to its C-suite.
Shopify bolsters product design team with acquisition of Molly Studio
E-commerce giant’s new Product Design Studio to operate like an “internal agency.”
Construction tech startup Mechasys lays out blueprint to scale with $23-million Series A
Startup aims to produce laser projector for construction sites in Montréal despite tariff concerns.
Taking Pride in Canadian tech
Plus: The former Meta employee trying to stop Canada’s AI brain drain.
Proposed SR&ED changes could boost tech companies and national productivity, experts say
Both private and public Canadian companies could claim capital expenditures again if legislation advances.
North Vector Dynamics secures $4.2-million contract with National Defence for hypersonic propulsion
Calgary-based startup says Canadian VC interest in military technology is growing.
Deep Sky boots up inaugural direct air carbon capture facility in Alberta
Cleantech company plans to remove 3,000 tonnes of CO2 from the air by the end of the year.