Canadaâs telco and banking incumbents form AI consortium
Scotiabank, Sun Life, Telus, and Lightworks team up to build AI infrastructure at the enterprise level.
Briefs
ElevenLabs to open Toronto office and double Canadian headcount by end of 2026
Max Lemmens will lead AI voice startupâs expansion efforts as new Canadian GM.
Alberta is open-sourcing its AI playbook for government
Province releases series of white papers explaining how it used Claude, Gemini to upgrade government systems.
Canadaâs real-time rail system will launch this year after achieving âcritical milestone”
After years of consultations and delays, finance minister approves the RTR systemâs bylaw and rules.
Mortgage B-lender Haventree launches online bank
Schedule 1 Canadian bank now offers chequing-and-savings accounts and GICs.
Descartes cruises into Latin America with acquisition of last-mile management platform Drivin
Waterloo-based logistics tech firm makes its 37th acquisition since 2016.
Paraito raises $2.65 million to automate grunt work for Québec notaries
Inovia-backed startup out of Montréal is using AI to speed up real estate title searches.
Katalyze AI thinks the future of pharma operations is teams of AI agents
WFHomie co-founder and former Sanofi leader close $10.5 million USD to speed drug development.
Scandium Canada acquires, rebrands ski-maker Ferreol Technologies
Ferreolâs alloys built high-performing skis. Scandium wants to use them to make spacecraft one day.
Hopper to pay $35 million USD to settle US FTC suit over âhidden feesâ
US federal regulator says MontrĂ©al travel appâs previous tech unfairly charged customers.
Canadians can once again access Anthropicâs Fable after US lifts ban
Anthropic says the jailbreak that prompted the contentious foreign-access ban worked on other AI models, as well.
Telesat donates satellite capacity for Venezuelaâs recovery efforts
Local telecom to use connectivity for communications and emergency response.
Vancouver Police sergeant becomes first Canadian ALS patient to receive Neuralink brain implant
Torontoâs University Health Network debuts new neurosurgical technique to insert Elon Musk-owned medical device.
AI minister says Ottawa considering taking the lead on AI investment rounds
Minister Evan Solomon spoke to the government’s shift from supporter to stakeholder on The BetaKit Podcast.
Stathera raises $55 million USD for semiconductor clock tech amid data centre boom
CEO says thereâs âno reasonâ precision timing tech canât be built in Canada.