University of Toronto, Université de Montréal get combined $325 million as part of $1.4 billion federal investment into university innovation
Other projects focus on sustainability, health, and migrants.
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CIFAR names eight new AI chairs as part of second phase of federal AI strategy
CIFAR also awarded five-year renewals to seven AI chairs appointed in 2017.
Canada, France to collaborate on AI, quantum science as part of new joint committee on innovation
Both countries recently launched investigations into ChatGPT over alleged privacy breaches.
Federal government names six funds to distribute $50 million VCCI life science financing
Pender Ventures, Amplitude Ventures among recipients.
Thales to build cybersecurity hub, hire 110 people in Fredericton with government funding
The hub will also house Thales’ North American cybersecurity centre.
Scale AI’s COO explains how Canada can build an AI-powered economy
Clément Bourgogne says Scale AI is more focused on supply chains than generative AI.
Ocean Supercluster tops up 16 projects with $23 million to drive commercialization
Ocean Supercluster wants to strengthen, grow supply chains while accelerating commercialization.
Academics, CEOs push for AI regulation, as Canadian companies race to adopt the technology
Ada, AlayaCare, Hootsuite, and Unbounce have all rolled out new AI products.
Raghwa Gopal to retire as head of Innovate BC, kicking off search for new leader
Gopal previously helped create Okanagan’s first startups accelerator.
BDC launches $150 million Sustainability fund in revamp of Industrial, Clean and Energy Technology Venture Fund
The Sustainability Venture Fund is set to complement BDC’s $400 million Climate Tech Fund.
Mila secures $21 million from Québec government to support ethical AI research, projects
The provincial government also invested $14.3 million into ten incubators, accelerators.
Calgary Police Force, Chainalysis partnership aims to reduce cryptocurrency scams
Partnership hopes to offer training, support to other law enforcement agencies.
BetaKit’s most-read March stories show #CDNtech sector struggles continue as government innovation promises continue to lag
SVB’s collapse kicked off a month that included new layoffs, bankruptcies, and AI disruptions.
VCCI-backed Kensington Capital Partners secures $158 million first close for third venture fund
Kensington becomes first VCCI-supported fund of funds to announce it has closed financing.
Canadian privacy commissioner launches investigation into ChatGPT
The case is in response to a complaint alleging non-consensual collection, use of personal information.