Google has a glue problem
Plus: Xanadu wants another $200 million.
toronto
Xanadu’s Christian Weedbrook is raising another $200 million to build a quantum data centre
The CEO of Canada’s quantum unicorn is very optimistic about the country’s innovation potential.
Amii secures $3 million from PrairiesCan to fuel AI adoption in the Prairies
Alberta AI hub aims to give SMBs tools and knowledge to leverage AI.
Major skills shortage looming in cybersecurity, AI
Reskilling in emerging fields can help those impacted by recent layoffs.
DIGITAL invests $10.5 million across four AI projects from healthtech startups
Projects from Swift Medical, RxPx, Gotcare, and AlayaCare carry a collective $26-million value.
H|T: The Healthtech Times – Uber Health rolling out caregiving solution in US
Plus: CloudMD to go private after acquisition spree dries liquidity.
R|T: The Retail Times – The Shopify exec paid more than Tobi Lütke and Harley Finkelstein
Plus: Lightspeed’s Dax Dasilva sheds interim label from CEO title and puts EBITDA in the green.
Daniel Vranesic of TXIO is on a mission to improve personal finance
The Neontra app offers a foundation for financial wellness.
A|I: The AI Times – AI is jeopardizing Microsoft’s climate goals
Plus: OpenAI hemorrhages safety-conscious leaders, including Canadian Ilya Sutskever.
Busbud acquires South African revenue management platform Ratality
The acquisition adds demand forecasting, dynamic pricing, and fleet management features to Busbud’s platform.
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.
F|T: The FinTech Times – Is Canada an easy mark for international money laundering?
Plus: ZayZoon returns its services to Canada after years in the US.
The procurement problem in Canadian healthtech
Plus: The latest stats on Q1 startup funding.