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Tenstorrent secures $1.5 billion USD at $6.2-billion valuation to challenge GPU dominance

Canadian-founded chipmaker is betting that the future of AI inference is open-source.

Plus: Why startups are making “dystopian” ads.

Toronto AI homebuilding startup to open its third factory in Phoenix, Arizona.

Plus: Peripheral Labs adds former Meta product lead as CPO.

Three of Wellstar’s five board seats are occupied by current or former Well Health execs.

Toronto software firm has struggled to bounce back from COVID-19 and high debt burden.

Toronto-based biotech raises $153 million USD to give discarded drug candidates an AI-assisted second chance.

Plus: Waabi COO says autonomous trucks are ready to be deployed.

Toast Institute says women in middle management receive significantly less professional sponsorship.

CIBC’s Gradient Ascent Podcast examines how AI is changing round timing and allocation.

Plus: Nvidia, AMD sign Canada’s data centre framework.

Combined company will retain the Cohere name and become dual-headquartered in Toronto and Berlin.

The province-wide launch comes after a three-month early access program.

SGV marks Define’s fourth acquisition to date as it nears $20 million CAD in ARR.

Circular financing! Rogue AI agents! A lack of Situational Awareness! What behaviour is driving the current AI bubble—and…