toronto | BetaKit

Canadian OpenAI co-founder Ilya Sutskever launches new company focused on safe AI development

New company follows the recent exodus of safety-focused employees at OpenAI.

Each startup is receiving between $150,000 to $500,000 based on company stage, needs, and evaluation processes.

Heylist, Vosyn, Pok Pok, and Ability Biologics have all raised fresh capital.

TD Innovation Partners’ leadership team is almost entirely ex-SVB and ex-RBCx leaders.

Chexy is looking to become a one-stop shop for tenants paying their monthly rent and expenses.

Uber and Khosla double down as Nvidia, Porsche, IKEA join Toronto AV startup’s cap table.

Plus: Copperleaf to go private in billion-dollar deal.

The fund will make up to 10 investments per year, ranging from $100,000 to $250,000 CAD.

Plus: An exclusive interview on the new Float product launches.

Plus: BetaKit breaks news on BDC and Collision’s next stop.

Intelliware, Ripple, Accenture offering career opportunities to cloud experts.

Firm is tapping into its “superpowers” to spot early winners in frontier tech.

As part of the Cohere Startup Program, Borderless hopes to attract new customers by opening up its AI offering.

Inovia-backed CreditApp aims to bring innovation to the auto-lending market.

Plus: Feds table bill with new healthtech data security rules.