Montréal industrial AI scaleup Vention raises $110-million USD Series D
Company says it crossed $100-million CAD annual run rate as it looks to expand in Europe.
AI
TikTok and Grok are messes Canada can’t clean up
What’s a middle power to do in the face of algorithms controlled by global superpowers (and their supporters)?
AXL partners with IT firm Compugen to help turn AI ideas into AI applications
Compugen claims to be Canada’s largest privately-owned technology solution provider.
Drive Capital “triples down” on Birdseye with $5 million USD investment for new AI competitive-intelligence tool
Birdseye wanted to know if popular AI chatbots recommended its snail mail marketing tool. Now they’re spinning out Yolando.…
Canada’s housing supply is in crisis. Can robots help?
Automated homebuilders are pitching solutions to get more (ideally affordable) roofs over our heads.
It’s midwinter, yet these Edmonton companies are prepping for wildfire season
FireSafe AI has partnered with Edmonton’s Wyvern and AIRmarket to create a more comprehensive fire detection and prevention…
What CIBC is seeing inside AI’s fastest deals
Investor insights from CIBC’s Daniel Lee and Amy Olah.
Mila and Inovia launch venture fund to turn AI research “diamonds” into startups
National platform targets $100-million USD fund with plans to back 55 companies.
Teamworks, the “operating system for sports,” buys hockey analytics platform Sportlogiq
Sportlogiq says its platform is used by 97 percent of NHL teams, and serves more than 220 clients worldwide.
Feds call for proposals to build large-scale data centres in Canada
Ottawa seeks Canadian companies to build sovereign, AI data centres exceeding 100MW capacity.
Docebo deepens AI capabilities with $55-million USD 365Talents acquisition
Docebo supports how employees build skills, 365Talents helps organizations apply them.
Alexi escalates legal fight with Clio by filing antitrust claim
After being sued for an alleged contract breach, Alexi fires back with countersuit.
YC alum DevCycle bought by Dynatrace to help developers move fast, but hopefully not break things
Combined platform to help devs push smooth updates as software and AI-native applications become more complex.
The Canadian company solving AI’s latency problem
PolarGrid CEO Rade Kovacevic believes GenAI video and voice will be killer apps once they can function in real-time.
Mila researchers target “AI psychosis” amid concerns about chatbots’ mental health impact
Research hub’s AI Safety Studio looks to limit chatbot outputs that feed users’ delusions.