toronto

Cohere reaches terms with German peer Aleph Alpha to take on AI giants

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

CRC hopes to keep it simple as it races to space on the tailwinds of Canada’s renewed interest in the stars.

GPs and LPs clock “genuine excitement” about Canadian tech from foreign peers close to PM’s summit.

New fund comes as Canada announces billions in funding for FCC as part of its National Food Security Strategy.

At Canada Investment Summit, PM revealed proposed tax incentive and other measures to attract foreign capital.

Leading Canadian pension funds and banks back Toronto AI investor’s late-stage strategy.

Non-binding MOU would be largest private capital investment in province’s history, quadrupling planned capacity.

Former leaders from OMERS, CPPIB, and CDL lead fund to find “the next generation of AI founders.”

Liam Gill writes that Canada needs to unlock domestic capital to grow economic resiliency.

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

Plus: Where every province stands on data centres.

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

BetaKit’s running list of the major investors committing billions of dollars to Canadian projects.

Toronto-based bank joins BMO, RBC, and Canada’s other big banks in ramping up its support for defence.

Weston family-backed firm plans to back 15 more startups.