Flare raises $42.5-million CAD Series B to go global with cyber threat detection tech
Threat exposure management startup aims to head off credential theft with AI tools.
AI
Privacy Commissioner announces LinkedIn will pause training AI with data of Canadian members
Commissioner said LinkedIn believed its training model was privacy protective, but agreed to engage in discussions.
Geoffrey Hinton decries tech companies chasing “short-term profits” in Nobel Prize acceptance speech
British-Canadian calls for âurgent and forceful attentionâ to combat AI safety risks at Stockholm ceremony.
Alberta Enterprise Corporation launches Accelerate Fund IV with $15 million to back early-stage tech startups
First close from AEC brings Fund IV more than halfway to its $25-million target.
Spexi raises $16.2-million CAD Series A for blockchain-based drone imagery network
Startup’s long-term goal is to reward drone pilots on its platform with a native crypto utility token.
Foreign and domestic AI with Tenstorrent and Cohere
Plus: Canada Post strike didn’t slow Shopify’s BFCM weekend.
Lessons in leadership, hiring, and AI from SAAS NORTH 2024
Also discussed: how to make leather from mushrooms. SAAS NORTH 2024 was crazy.
Cohere secures federal backing to build multibillion-dollar Canadian AI data centre
This marks the first investment through the new Canadian Sovereign AI Compute Strategy.
KisoJi raises $57-million CAD Series B to advance antibody cancer therapy
Montréal-based biotech company using AI to boost antibody identification platform.
Federal government outlines $2 billion in AI compute spending commitment
Strategy includes $1.3 billion for computing infrastructure and $700 million for AI data centres.
Musical AI partners with Indiaâs Beatoven.ai to create âfully licensedâ AI song generator
Music tech startups join forces to compensate IP holders for songs created with AI.
BDC launches program to help small businesses access financing to adopt AI
Program includes cybersecurity assessment and workflow automation assistance.
AI chipmaker Tenstorrent closes nearly $700-million USD Series D at $2.6-billion valuation
Samsung, Bezos-backed financing comes after the firm quietly relocated to the US.
The DOJ wants to take Google Chrome away, Rob Kenedi wants to decelerate tech
After a decade of quiet dominance, the browser space is suddenly filled with uncertainty.
Major Canadian news orgs sue OpenAI for copyright infringement
Torstar, Postmedia, The Globe and Mail, The Canadian Press, and CBC/Radio-Canada are seeking monetary damages.