Vector Institute hires ex-TD, Thomson Reuters leader Glenda Crisp as president and CEO
Crisp replaces Tony Gaffney, who departed after less than half of a five-year term as head of the AI hub.
Canadian Startup News
Yoshua Bengio warns of “catastrophic risks” of agentic AI at World Summit AI
Deep neural networks trailblazer recommends building non-agentic AI programs without goals of their own.
Missed it by that much: Well Health falls just short of $1-billion revenue mark in 2024 earnings
Revenue deferral and a cyberattack kept the Canadian healthtech firm from reaching milestone.
Enterprise AI companies announce hiring spree for Montréal AI talent
Toronto-based Alexa Translations draws on local talent to power new translation LLM.
Online car retailer Clutch taps former Properly CEO Anshul Ruparell as CFO
Ruparell has spent the last year serving on Clutch’s board of directors.
Innovobot unveils “refreshed” deep tech VC fund under Neha Khera’s leadership
After “intense” attempt to raise her own fund, Khera aims to back 25 to 30 deep tech startups with IRV.
The Manitoba startup that helps companies by hacking them
Why GlitchSecure walked away from a million-dollar deal—then raised even more.
PolicyMe eyes new insurance products, more big-name partners after raising $30 million over two years
Toronto insurtech startup is investing big in AI but cautious about implementation in “tricky” industry.
Bell and Ericsson’s Ottawa team field-test AI-powered tech to reduce cell network traffic jams
Companies say the link adaptation tech is a first and could boost speed and capacity.
Federal government launches loan facility to support enterprises impacted by tariffs
Canada repurposes COVID-era emergency funding agency to provide loans for impacted large businesses.
Amazon’s Climate Pledge Fund joins Cyclic Materials’ extended Series B round
Cyclic now counts Amazon and Microsoft as backers after extending round for a second time.
Cohere doubles down on agentic search capabilities with new Embed 4 model
Agents will continue to be an important part of enterprise AI adoption, Cohere told BetaKit.
New early-stage VC fund Trillick Ventures aims to bring funding to “underrepresented” Manitoba
Trillick has closed nearly a third of its $15-million target and made three investments.
Several tech figures endorse Pierre Poilievre’s Conservatives in open letter connected to Fairfax Financial
John Ruffolo, Amar Varma, and Fairfax’s Prem Watsa among list of 33 signatories.
Xaba aims to make industrial robots smarter with $8-million CAD seed extension
Low-code software serves as a robot’s “synthetic brain,” according to the company.