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American biotech Recursion acquires two Canadian AI drug-discovery companies, Cyclica and Valence

“Policymakers should look to understand why so many promising tech companies choose to sell themselves.”

Next AI participants can receive up to $100,000.

The CityAge conference explored how Canada can grow sustainably to a population of 50 million.

Accenture report outlines the next generation of AI on its way.

Plus: Canadian Q1 VC investment falls 82 percent from last year.

Policy regulations around AI, Bill C-11 will be discussed at Elevate this year.

VC saw a sharp decline in both amount invested and number of deals compared to last year.

Plus: Ray Kurzweil weighs in on calls to pause AI development.

Well Health investing $2.5M into AI healthcare solutions.

Bell posted an 88 percent decline in free cash flow since the first quarter of 2022.

For the first time, Diagram will also invest in companies it doesn’t have a hand in creating.

Plus: Walmart using AI to negotiate with vendors.

1Password is on a mission to lead the shift from traditional passwords to passkeys.

Both programs award seed funding and mentorship support to tech founders.

Plus: After Canadian pilot, Google expands cloud accelerator to US startups.