A|I: The AI Times – AI is jeopardizing Microsoft’s climate goals
Plus: OpenAI hemorrhages safety-conscious leaders, including Canadian Ilya Sutskever.
fintech
Paytm, PSP Investments alumni announce $5.25 million to build a super app for Canadian immigrants called Beacon
Beacon aims to become ‘the trusted brand for immigrants to Canada.’
S|W: The SaaS Weekly – Squarespace to go private in $6.9 billion deal after hefty IPO
Plus: Figma shareholders to sell at a discount in Adobe deal fallout.
Blossom closes $2.1 million to grow its investing social network in the US
After abandoning its brokerage vision, Blossom plans to remain a social platform.
The procurement problem in Canadian healthtech
Plus: The latest stats on Q1 startup funding.
Q1 Canadian VC funding posts mixed results as PE market rebounds, CVCA reports
Pre-seed, seed-stage VC funding declines as late-stage investment continues descent.
Earned wage startup ZayZoon returns its services to Canada
ZayZoon focused on servicing the United States after struggling to take on Canadian clients in 2016.
Baseline closes $2.2 million CAD to help private lenders manage their businesses
Lender-turned-software-startup targets growing private lending market.
Wealthsimple enters mortgage space through Pine partnership
Wealthsimple partners with the “Wealthsimple for home buying” to help customers avoid a “sucker rate.”
Meet the economist calling for a culture shift in Canada’s innovation economy
Plus: Shopify’s Tobi Lütke to headline BetaKit Town Hall.
ITIF president wonders whether Canada has the “political will” to fix its productivity issues
Rob Atkinson pines for a “killer instinct” while launching the CCIC.
Rogers Cybersecure Catalyst and RBC launch FinSec incubator
Incubator aims to help emerging FinTech and cybersecurity startups achieve product-market fit.
R|T: The Retail Times – Klarna joins growing BNPL trend, sunsets rewards program
Plus: The Amazon union movement reaches Québec.
Geoffrey Hinton, Raquel Urtasun, Aidan Gomez set to speak at Collision 2024
Collision will return to Toronto for the fourth year June 17 to 20.
Wealthsimple and Koho CEOs talk productivity, entrepreneurship, and financial innovation
Two of Canada’s FinTech leaders tell founders to “get back to work.”