Shopify stock surges on revenue beat in big quarter for merchants
Gross profit grew by 30 percent as company shipped agentic AI tools for e-commerce.
Canadian Startup News
White Star Capital closes $350-million global fund
Managing partners say diversification and returns helped them in a difficult fundraising market.
U of T prof Sanja Fidler leaves as Nvidia’s VP of AI research
Fidler did not reveal her next move, but said world models are the “next breakthrough” in AI.
Intellistake to acquire Dallas-based NanoAi for $17 million in stock
Vancouver company will combine its enterprise AI infrastructure with NanoAi’s air screening devices.
Calogy secures $1.2-million contract to power Jaunt’s autonomous drones
Sherbrooke cleantech startup to design lightweight battery system for Jaunt’s next-generation aircraft.
Mode40 and CME partner to launch Prairies-wide AI initiative for aerospace, aviation, and defence
AeroTrace is designed to demonstrate the value of AI-enabled systems in industrial manufacturing.
Telesat, MDA Space tapped for $2.3-billion Arctic satellite buildout
Federal contract will expand Lightspeed constellation from 156 to 225 satellites.
Claryx raises $3.5 million USD to detect hospital outbreaks before they start
Canadian co-founders say they’re starting in the US because it’s simpler to sell in private system.
Canadian VC dollar deployment sees first early-year increase since 2021
CVCA report shows capital continues to concentrate into fewer, larger deals.
Calgary crypto exchange Catalyx permanently barred from operating
Former crypto exchange’s CEO, Hyuk Jae Park, will also pay a $90,000 fine to Alberta Securities Commission.
U of T professor Jacob Tsimerman, who won math’s highest prize, to join OpenAI
Fields Medal winner says AI safety is the most important issue of our time.
No product could have stopped OpenAI hack, Canadian cybersecurity firms say
Agentic threats are prompting innovation at companies like 1Password and Lastwall.
NordSpace’s venture arm makes undisclosed strategic investment in North Vector Dynamics
Canadian aerospace companies have already been tackling defence and hypersonic research projects together.
Questrade is remaking its platform for an AI-driven investing market
Digital brokerage showcased chatbot-driven investing, research, and trading options at summer product showcase.
Taking code to the road: How GM Canada and the country’s top universities are engineering the future of driving
As vehicles become software-defined, the automotive talent pipeline now runs from campus to test track.