Shopify’s former head of core product to lead app development at OpenAI
Glen Coates to head OpenAI’s app platform and help turn ChatGPT into an operating system.
Canadian Startup News
Feds sign five-year MOU with Coveo in latest AI partnership
Government will explore how it can use the company’s platform in its operations.
Amiral Ventures holds $40-million first close to address “lack of leadership” in Canadian VC
Montréal firm backed by Québec government, Desjardins Capital, and nearly 50 individual LPs.
BDC tells VCs it’s willing to lift restrictions on defence investing
Crown corporation aims to support the build up of Canada’s defence industry.
Canadian Space Mining Corporation plans for “rapid expansion” in 2026 under new name
The Canadian Strategic Missions Corporation rebrand reflects a broader focus on critical technologies.
Canadian payments companies’ “sugar high” ended in 2022. VCs say a new spike is coming
Payments startup creation dropped by 44 percent from 2022 to 2023, according to Luge Capital report.
Scale AI unveils $129 million for 44 new applied AI projects across Canada
AlayaCare, League, FluidAI Medical, MDA Space, and Vooban among recipients.
Tetra Trust clears another hurdle on its path to launching CADD stablecoin
Successful test saw CADD transferred between National Bank and Wealthsimple.
Startup investigation reveals 50 peer-reviewed papers contained AI-hallucinated citations
GPTZero found “obvious” instances of false, LLM-generated references in academic papers.
Canada’s Defence Industrial Strategy must include procurement pathways for tech
The Icebreaker co-founder argues Canada must resist a reflexive historical response to our southern neighbour.
National Bank sues Flinks co-founders for alleged non-compete violation
Founders of new startup Deck deny allegations, say they were authorized to build venture.
Canada launches its own quantum research program to rival DARPA initiative
Nord Quantique, Xanadu, Photonic, and Anyon to get up to $23 million in funding through CQCP.
Coinbase Canada CEO Lucas Matheson to join former Shopify colleagues at Opendoor
Former Shopify COO Kaz Nejatian continues to poach Canadian tech talent.
Tuhk raises $6 million USD to crack down on financial cybercrime
Enterprise FinTech startup planning launch in Canada, the US, and UK next year.
Court order prompts Well Health, Healwell to hand over records in merger probe
Federal watchdog to investigate if takeover affects choice and cost to users.