Cohere deal wonât be last time feds take stake in Canadian tech companies, AI minister says
Evan Solomon says forthcoming $500-million tech fund will consider equity stakes.
Briefs
Telesat posts Q3 losses as satellite company offers âno assurancesâ on ability to pay back debt
Ottawa-based satellite operator reported $81 million in revenue, a 20-percent decrease from same quarter last year.
Alberta data centre boom could lead to worker shortage: report
Provinceâs rapid buildout could leave developers short 5,200 construction and trades workers.
NanoTess delivers wound-care treatment to Ukraineâs front lines
Calgary biotech company said its flagship product has reached more than 6,000 Ukrainians impacted by war.
Lockheed Martin taps Contextere to integrate AI platform into RCAF fleet
Ottawa firm to help defence contractor integrate AI into the Royal Canadian Air Forceâs CC-130J Hercules fleet.Â
âConcerning behaviourâ: Cohere discovers Alibaba’s open-source Qwen3.8 model can send a diagnostic file to China unprompted
Frontier AI developer finds first vulnerability after establishing a cyber division earlier this month.Â
Zafin to acquire US-based Naehas in nine-figure acquisitionÂ
Bank modernization software provider makes first major acquisition since 2024 Swedish private equity takeover.Â
Questrade opens options trading outside market hours through Cboe
Approved users can trade select options of stocks and ETFs before and after market hours.
Canadian Startup Capital Association names new interim executive director
Ottawa-based TJ Misra has a long history of consulting for startups and helping to commercialize innovation.Â
Mila, federal researchers develop AI tool to better predict wildfire behaviour
New model estimates potential wildfire burn area more quickly than Canadaâs existing tools.
Dayforce to acquire Ribbon AI to bolster AI recruitment capabilities
HR software company will integrate AI-powered job interviewers into its agentic recruiting portfolio.Â
Welbi acquired by US-based senior care marketing platform FurtherÂ
Ottawa-based retirement home engagement platform plans to double headcount following deal.
VentureLab CEO Hugh Chow leaves hard tech incubator after three years
Long-serving VentureLab executive Sep Assadian has stepped in as interim replacement.
BioWare to shut down after more than three decades of gaming innovation
Edmonton gaming studio announced the closure after parent company said it would lay off staff.
Canadian military signs $20-million contract with NordSpace for access to Newfoundland spaceport
Department of National Defence will have priority access to the launchpad for 10 years.Â