Canadian VCs are starting to fear an AI-driven “SaaSpocalypse”
At CIX Summit’s Investor Forum, VCs grappled with AI’s impact on an already tough market.
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Mila teams up with Mozilla to build open-source AI tools
Firefox maker investing initial $1 million into partnership with Montréal AI institute.
Defence tech founder warns Canada is getting “wishy-washy” about defining sovereignty
At CIX Summit, Sentinel R&D CEO argued Canada must do more than onshore other companies’ capabilities.
Wealthsimple gets regulatory approval to enter prediction markets
Toronto FinTech clears initial hurdle to enter controversial trading category popularized by Kalshi and Polymarket.
Chexy raises $14 million Series A led by Khosla Ventures
Rewards platform to expand from rent rewards into broader payments platform.
OpenText lays off four percent of its global workforce
Cuts come as former IBM Americas president Ayman Antoun prepares to take over as CEO.
MaRS Impact Health returns to showcase Canada’s next big healthcare breakthroughs
Annual summit highlights Canada’s promising life science and healthtech startups on April 23.
Cohere teams up with Swedish defence firm Saab on AI for surveillance jets
Agreement marks the latest step in Cohere’s push to integrate its AI into defence technology.
BKR Capital secures initial $20 million for second Black Innovation Fund
Firm aims to address growing VC funding gap for Black founders in Canada.
Canada’s moment to build is now
Plus: Another Turing Award win for Canada.
Canadian companies make their case at Nvidia’s GTC conference
Cohere, Telus, and others showcase how they’re building with Nvidia’s dominant AI infrastructure.
Xanadu set to go public as SPAC deal clears shareholder vote
Quantum firm will be first Canadian tech company to list on TSX since 2021.
Defence and housing take centre stage at N3 Summit
Flagship advanced manufacturing summit will bring together leaders across defence, housing, AI, and robotics.
“We’re in a moment in Canada”: Solomon brings AI pitch to Platform Calgary
Federal AI minister says updated AI strategy will benefit everyone, not just “tech bros.”
1Password launches new platform to rein in companies’ AI agents
Unified Access Platform helps businesses deploy autonomous AI without losing control of credentials.