AI rollup company Beacon closes $225-million USD Series C round
Toronto holding firm fuels up to continue software acquisition spree.
AI
Cohere signs exploratory AI agreement with Québec government
MOU tasks Toronto AI company with exploring AI use in province’s public service.
DataBraid secures $1.9 million USD to solve insurance brokers’ “portal hopping” problem
Brainchild of Koru and Scoop aims to solve the quiet inefficiency eating away at brokers’ margins.
Physical AI and economic nationalism at BetaKit Most Ambitious: Town Hall
Waabi’s Raquel Urtasun and CCI’s Jim Balsillie came to Toronto Tech Week armed with data and predictions.
Q&A: OpenCode’s founder on how the AI agent went from zero to 8 million users in a year
Jay V talks key growth decisions and agentic AI’s next wave of adoption.
Inside the GTA facility housing one of Canada’s most powerful supercomputers
Trillium helps Canadian researchers with massive jobs like simulating oceans and modelling stars.
Is Canada’s AI strategy a plan of action?
Plus: Waabi’s Raquel Urtasun explains the coming Physical AI revolution.
National AI institutes get funding and talent boost from AI strategy
Mila, Amii, Vector Institute, and CAISI receive over $200 million in financial commitments.
Inovia promotes Mia Morisset to partner on growth team
Montréal VC firm’s third growth fund has raised $365 million USD of $450-million target.
Pricepoint closes $6.6-million CAD seed round for AI hospitality platform
All-Québec cap table includes Brightspark Ventures, Boreal Ventures, and AQC Capital.
Canada’s AI strategy draws mixed reviews from across tech ecosystem
Viewpoints differ, but experts aligned that strategy needs clearer timelines and greater detail.
Canada’s AI strategy looks to shift government from startup supporter to stakeholder
New $500-million fund will take equity stakes in promising Canadian AI firms.
Canada’s AI strategy promises to protect citizens. Critics say it still lacks teeth
Prime Minister says legislation around protecting children will come in the next few weeks.
Canada’s AI strategy contains $2.3 billion in spending but few details on new privacy regulations
Delayed strategy promises plan to encourage Canadians to reinvest tech investment gains in AI startups.
Cohere says it is not working with Palantir
Toronto AI company says it has no relationship with US firm, despite reports of a partnership.