A|I: The AI Times – OpenAI employee secondary values company at at least $80 billion
Plus: Why Korean car makers want Tenstorrent’s AI hardware.
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S|W: The SaaS Weekly – Struggling BBTV to go private while BlackBerry spinout eyes June IPO
Plus: What Allen Lau learned from Wattpad’s $754-million acquisition.
F|T: The FinTech Times – Procurify, Hiive secure new funding to tackle spend management & secondaries
Plus: Plaid hires first CFO on road to IPO.
EDC report says Canada is struggling to convert startups to scaleups
Plus: Ripple Ventures plants flag in Vancouver as part of coast-to-coast Fund III.
H|T: The Healthtech Times – AI takeover: predictive pitfall or “medicine’s biggest moment” since antibiotics?
Plus: Quebec City-based OpSens acquired by US firm in $345M deal.
R|T: The Retail Times – Inside the chaos of New York’s Airbnb ban
Plus: Flexport continues weekly cuts with 20 percent workforce reduction.
A|I: The AI Times – OpenAI passes $1.3B annualized revenue while Big Tech struggles to turn AI hype into profits
Plus: Canadian quantum group appoints its first CEO.
S|W: The SaaS Weekly – Atlassian to buy video messaging provider Loom for nearly $1 billion
Plus: Vendasta closes $20M in new funding following layoffs.
F|T: The FinTech Times – Consumer payments startup Braid shuts down, Goldman Sachs drops BNPL
Plus: Ten Key Labs secures $10.5 million, launches AI equity management tool for founders.
First VCCI inclusive growth stream recipients get funding as Quantum Industry Canada appoints first-ever CEO
Plus: Exploring the forgotten history of Canadian venture capital.
H|T: The Healthtech Times – A collective $29 million committed to Canadian AI healthtech integration
Plus: US mental health startup Headway raises $125 million at $1 billion valuation.
R|T: The Retail Times – Hopper makes deep staff cuts, pulls back from Asia to pursue profitability
Plus: Canada looks at limiting number of Airbnbs to free up rentals.
A|I: The AI Times – Anthropic in talks to raise another $2B, a16z discussed backing Midjourney rival
Plus: Samsung to manufacture chips from AI chip startup Tenstorrent.
S|W: The SaaS Weekly – Cardata gears up with new funding, BlackBerry plots connected-car split
Plus: Qualtrics lets go of 780 workers.
F|T: The FinTech Times – Canada’s open banking lead extends his term as delays continue
Plus: Clearco recapitalizes, WonderFi eyes Nasdaq.