A|I: The AI Times – Microsoft is moving top AI experts from China to Canada
Plus: Canada’s Cohere secures $270M to continue “foundational contributions” to AI.
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S|W: The SaaS Weekly – Instabase notches $2 billion valuation on the back of AI
Plus: Montreal-based HR platform GSoft secures $125M.
F|T: The FinTech Times – SEC sets sights on crypto firms Binance and Coinbase
Plus: Interac appoints Jeremy Wilmot as CEO.
Three Canadian cities ranked in the global top 50 startup ecosystems
Plus: Led by ex-Google researchers, OpenAI rival Cohere secures $270M.
H|T: The Healthtech Times – Pharma giant Bayer moves deeper into digital health
Plus: FemTherapeutics raises $2.5 million CAD to address pelvic floor disorders.
R|T: The Retail Times – Shopify’s birthday gift: a new class-action lawsuit
Plus: Temu is losing millions of dollars to break into the US.
A|I: The AI Times – Public letter escalation: Bengio & Hinton sign another warning
Plus: Canadian AI computing startup Tenstorrent and LG partner to build chips.
S|W: The SaaS Weekly – Is Salesforce repositioning itself as a data company?
Plus: Growth equity firm PSG takes a big bite out of Toronto startup Hostaway.
F|T: The FinTech Times – Stripe looks to enter the credit space
Plus: OSC advisory panel backs stronger crypto regulation.
Inside Canada’s new early-stage VC firm
Plus: Shopify facing $130M lawsuit for alleged attempts at slashing severance pay.
H|T: The Healthtech Times – FDA approves Elon Musk’s Neuralink for human clinical study
Plus: AbCellera and BenchSci get combined $395 million
R|T: The Retail Times – Loblaw axes its third-party seller-driven e-commerce marketplace
Plus: Alibaba pushes back on layoff rumours.
A|I: The AI Times – AbCellera and BenchSci secure big funding
Plus: Ex-OpenAI execs raise $450 million for rival Anthropic.
S|W: The SaaS Weekly – Microsoft launches Fabric, mCloud looks to go private
Plus: Novisto closes $27-million Series B.
F|T: The FinTech Times – Now in Canada: Hiive’s VC secondary trading platform
Plus: QED closes on $925M to back FinTech startups globally.