A|I: The AI Times – The feds have used AI in nearly 300 projects
Plus: OpenAI prepares to fight for its life.
startup job spotlight
R|T: The Retail Times – Dax Dasilva returns as Lightspeed CEO, Shopify drops on strong earnings
Plus: Investors fooled by Lyft typo.
S|W: The SaaS Weekly – Prodigy’s got a new plan, a new CFO, and a leaner team to boost growth
Plus: It’s getting (slightly) easier to sell software.
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.
R|T: The Retail Times – Canadian-founded company behind Instant Pot files for bankruptcy
Plus: Shopify partners with Volt to offer open banking solutions (but not in Canada).
Collision will remain in Toronto for 2024
Tech conference inks one-year extension, but Collision’s long-term future in Canada still unclear.
Alberta’s tech sector remained resilient in first quarter of 2023
Jobber’s megadeal pushed venture funding over $200 million in the first three months of the year.
S|W: The SaaS Weekly – Magnet shareholders ignore critics, back acquisition
How 1Password plans to build a passwordless future.
BC venture funding fell to a seven-quarter low in Q3 2022
Investor sentiment goes from FOMO to fussy as deal volume falls to three-year low.
H|T: The Healthtech Times – AlayaCare makes cuts as revenue doesn’t follow “aggressive investment”
Plus: Nurses say Amazon’s ambitions clash with health best practices.
Armed with more capital to back women entrepreneurs, Phoenix Fire makes first investment in VoxCell
Phoenix Fire’s LPs now include the co-founders of Thinkific and Odaia.