Scandium Canada acquires, rebrands ski-maker Ferreol Technologies
Ferreol’s alloys built high-performing skis. Scandium wants to use them to make spacecraft one day.
Canadian Startup News
Hopper to pay $35 million USD to settle US FTC suit over “hidden fees”
US federal regulator says Montréal travel app’s previous tech unfairly charged customers.
Paystone enters creditor protection, pursues debt restructuring, sale
London FinTech firm says debt-fuelled acquisition spree, billing error leave its options limited.
Quantum tech firm BTQ to acquire France’s QPerfect
Vancouver-based BTQ will pay just over $30 million CAD for the French quantum firm.
Canadians can once again access Anthropic’s Fable after US lifts ban
Anthropic says the jailbreak that prompted the contentious foreign-access ban worked on other AI models, as well.
Telesat donates satellite capacity for Venezuela’s recovery efforts
Local telecom to use connectivity for communications and emergency response.
Vancouver Police sergeant becomes first Canadian ALS patient to receive Neuralink brain implant
Toronto’s University Health Network debuts new neurosurgical technique to insert Elon Musk-owned medical device.
Shopify settles copyright lawsuit with rival Shopline
Shopify had accused Singapore-based Shopline of copying its e-commerce software.
Canada is building sovereign AI—now it needs to secure it
A former police investigator argues that AI security needs to be treated as a distinct discipline.
Digital elbows up
Cory Doctorow argues that the best way to reclaim our digital sovereignty is to jailbreak Canada.
AI can be the First Spike of Canada’s digital age
Alex Tapscott on what the Canadian Pacific Railway teaches us about building Canada’s next great national projects.
AI minister says Ottawa considering taking the lead on AI investment rounds
Minister Evan Solomon spoke to the government’s shift from supporter to stakeholder on The BetaKit Podcast.
Stathera raises $55 million USD for semiconductor clock tech amid data centre boom
CEO says there’s “no reason” precision timing tech can’t be built in Canada.
Toast launches AI-powered recruitment platform
The Toast Talent Marketplace is scheduled to roll out its beta version in the next two weeks.
US finance app SoFi acquires Composer to add AI investing strategies
Acquisition of Toronto FinTech bolsters SoFi’s case to be “the everything app for digital financial services.”