“It’s never been easier to build, but it’s never been harder to win.” FutureSight turns company-building into a science
FutureSight is betting its model can de-risk company building by pairing experienced founders with validated ideas.
AI
Shopify merchants to sell directly through OpenAI’s ChatGPT with new partnership
Shopify stock jumps six percent after widely rumoured partnership is made official.
Mila partners with Hypertec and 5C to launch Sovereign AI Research Hub in Montréal
The Hub aims to develop “frugal AI” with strong value.
The feds are ALL IN on AI
It was a good week to be Canada’s AI darling. One day after the company announced another $100 million USD in funding to…
Tailscale’s CEO has an idea “worth billions” for AI startups
Avery Pennarun is building the air traffic control for AI agents. He needs help to make sure the planes land safely.
Constellation Software shares close week down 17 percent after founder and CEO steps down
Mark Leonard hosted conference call on impact of AI days before resigning for health reasons.
Cohere’s new CFO on carving out space in a crowded AI market
Francois Chadwick argues the “fundamental difference” is how Cohere handles compute.
Minister Evan Solomon reveals Canada’s AI Task Force
Patrick Pichette, Joelle Pineau, and Dan Debow among those tapped by federal government.
Attabotics’ story ends with asset sale to Kentucky engineering firm
Deal comes months after Attabotics filed for creditor protection amid cash flow challenges.
Canada hopes to build a sovereign cloud to counter US dominance. It won’t be easy
The alignment on need for Canadian-controlled infrastructure has not yet been met with a plan to execute.
Telegraph Ventures secures $35 million to back enterprise AI startups in Québec
The provincially backed spinoff fund aims to “catalyze” floundering pre-seed market.
Telus opens inaugural Sovereign AI Factory in Rimouski
Facility lets Canadian entities develop and tweak AI while keeping their data in Canada.
Canada will update AI strategy a year ahead of schedule: Evan Solomon
AI minister says Canada “can’t afford to wait” as government assembles AI strategy task force.
Cohere’s valuation hits $7 billion USD following $100-million round extension
Canada’s leading AI company raised $500 million USD at a $6.8 billion valuation in August.
SAAS NORTH is serving up a new playbook for founders
On Nov. 5-6, Ottawa will host two days of candid talks on building and scaling SaaS in the age of AI.