Pender Ventures closes first half of $100 million target for second venture fund
After focusing primarily on Western Canada, Pender Ventures has its eye on other parts of Canada.
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H|T: The Healthtech Times – How Tomi Poutanen is using AI to tackle Canadian healthcare
Plus: Teladoc Health lays off 300 staff.
Alphabet company DeepMind shutters Edmonton site as part of Google layoffs
DeepMind said it’s maintaining its other Canadian locations in Montréal, Toronto.
Tenstorrent swaps CEOs as Apple, AMD, Intel alum takes helm of AI chip unicorn
Tenstorrent founder becomes CTO as company also hires ex-Google director as COO.
Fintech Cadence, Atlantic FinTech partner to create national reach
Partnership hopes to unify FinTech clusters across the country.
Québec to house IBM quantum supercomputer as Xanadu secures $40 million from feds
PINQ² will operationalize the quantum supercomputer this year.
Delphia places co-founder on leave over sexual assault allegations, lawsuit from former employee
Plaintiff: “I feel hurt and betrayed by Delphia’s co-founders.”
Front-end, back-end, full-stack developers needed across Canada
Clio, Busbud, Ceridian, and Global Relay all looking to hire.
TSX-listed Magnet Forensics to be acquired by Thoma Bravo in $1.8 billion CAD deal
Announcement comes hours after IIROC halted trading of Magnet’s shares.
After navigating “major” changes to restaurant industry, Notch closes $13.7 million CAD to fuel pivot to FinTech
CEO: “When you have to pivot in COVID, that’s a challenging place to be.”
A|I: The AI Times – Radical strategies for AI & quantum in Canada
Plus: Scale AI cuts 20% of its workforce.
Volvo backs Waabi to accelerate driverless trucks commercialization
Waabi unveiled its self-driving product in November to gear up for road tests.
Hootsuite CEO Tom Keiser replaced amid third round of layoffs
The cuts mark Hootsuite’s third round of layoffs in the last six months.
R|T: The Retail Times – Shop Pay vs. ‘Buy with Prime’ begins
Plus: TikTok Parent ByteDance’s E-Commerce Volume Surged in 2022.