Cohere revenue reports paint mixed picture of growth
AI startup says it has doubled revenue, but The Information reports it fell well below forecasted goals.
AI
Minister of Innovation and AI Evan Solomon part of Liberals’ new Build Canada cabinet committee
Shopify CEO Tobi Lütke calls the committee a “Good move.”
Well Health says its healthy Q1 revenue is a symptom of Canadian growth
Vancouver healthtech expects Healwell AI stake to further boost its 2025 fortunes.
Una Software secures new seed funding as startup adds AI into its financial planning platform
Staircase Ventures-led round brings Una’s total funding to $10 million USD.
Healwell revenue more than doubled in Q1 2025 thanks to acquisition spree and AI
Toronto healthtech expects more strong quarters ahead thanks to Orion Health acquisition.
Katherine Homuth launches “organizational memory” startup as SRTX secures new interim CEO and financing
Homuth stepped down as CEO of SRTX in March as part of a pending fundraising deal.
Making AI work beyond the lab
Researchers at Vector Institute are turning AI breakthroughs into real-world solutions.
Biotech Intrepid Labs exits stealth with funding from Radical Ventures and Avant Bio
University of Toronto spinout looks to fast-track drug formulation with machine learning and robotics.
Half of the internet is bots and they’re feeding you lies
AI-powered disinformation is taking over the internet. Calgary-based Koat.ai is tracking it in real time.
Unblocked raises $27.5 million Series A to make sure developers actually understand their code
Unblocked looks to bridge the knowledge gap as AI-generated code becomes commonplace.
CEO Don Murray says Safe Software’s new features will help replace enterprise SaaS with AI agents
The 30-year-old data workflow platform is set to hit centaur status this year on the back of new AI features.
OpenText makes AI “number-one priority” as company slashes 1,600 jobs
Enterprise software giant detailed 10-point AI mandate in internal email to employees.
WonderFi co-founder’s new startup xTAO to list on TSXV following merger with Adrianna Ventures
Decentralized AI company hopes to raise $10 million USD via private placement.
TD Bank’s chief AI scientist talks about emerging models, safety, and Layer 6’s new NYC office
Maksims Volkovs shares what Layer 6 has been working on and what keeps him up at night.
Cohere Labs head calls “unreliable” AI leaderboard rankings a “crisis” in the field
Cohere-led study claims popular crowd-sourced leaderboard LM Arena tipped scales for Google, OpenAI.