A|I: The AI Times – OpenAI projects $1 billion in revenue in two years
Plus: Cohere hires YouTube CFO as president.
LATEST NEWS
Payments Canada pens open letter to Minister of Finance to expand organization’s membership eligibility
Koho, ATB Financial, Fintechs Canada part of call to include more startups in “formal system.”
S|W: The SaaS Weekly – John Carmack is leaving Meta
Plus: Former Google ad chief’s ad-free search engine launches in Canada.
Vector Health Labs acquires AI-driven mental health tech startup Get A-Head
The deal was valued at $17 million.
CEO of Briza steps down as insurtech startup cuts close to half of its staff
Briza’s leadership includes FreshBooks founder Mike McDerment and former director of engineering Rishi Sharma.
Federal government commits $90 million to boost intellectual property support for startups
Communitech, MAIN, New Ventures BC, Innovate Calgary, and Springboard Atlantic all secured funding.
F|T: The FinTech Times – The inevitable arrest of SBF
Plus: Nesto raises $80 million series C.
Newly announced investment tax credits a huge leap forward for cleantech cashflow
Cleantech leaders think feds’ Fall Economic Statement did not disappoint.
AlayaCare co-founder launches venture fund Storytime Capital with $15 million
The VC wants to invest in founders that aim to change the landscape of work.
Canadian startup news of the week (12/18/22)
Plus: Kim Furlong talks VCCI & what comes next for Canadian venture.
Founding CEO of agtech unicorn Semios stepping down
“We transformed a theory I had … into one of the world’s largest agtech companies.”
Subsidiaries of FinTech startup Lendified face creditors over unpaid loans
Creditors move to seize Lendified assets after company defaults over some $6.6 million.
Year in review: Kim Furlong talks VCCI and what comes next for Canadian venture
Furlong: “These programs are an anomaly in what the government pushes out. There’s no reason why they should ever…
Layoffs persist at Canadian tech companies amid bleak outlook for 2023
FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.
Successful use of AI in government means doubling down on human and democratic values
UofT’s Peter Loewen says citizen trust in government AI use is “still a work in progress.”
