Feds announce $66 million for 44 businesses through AI Compute Access Fund
Program offers financial support to subsidize costs to commercialize or scale AI projects.
Govt
Why IP is a founder’s most powerful growth tool
Delvinia founder and CEO Adam Froman on why Canadian IP needs a rethink.
“Steel, concrete, and code”: Feds and Telus announce three AI data centres in BC
Projects include upscaling existing Kamloops data centre and two new, Vancouver-based centres.
Ontario government invests $5 million into life sciences and healthtech startups
Kare Chemical Technologies, Myomar Molecular, Stoked Bio, among the recipients.
Q&A: Vass Bednar on why Canada is at risk of remaining a digital 51st state
Canadian Shield Institute leader talks digital sovereignty ahead of CUSMA review.
Canada won’t pursue national semiconductor strategy, AI minister says
Canada is the only G7 country without a standalone strategy. Industry groups are urging action.
Canada to create AI and Labour Advisory Council, Solomon says
Advisory group stems from a desire to maintain regular contact with labour leaders following initial meetings.
Canada committed to real-time rail, aims to be a point of stability in an uncertain world, finance minister says
The minister spoke at Payments Canada Summit about modernizing the financial system.
OpenAI violated Canadian privacy laws, federal and provincial watchdogs say
Privacy commissioners say OpenAI broke the rules by scraping Canadian data to develop and train ChatGPT.
First Canada, then the world: nation’s rocket builders see a bigger opening in space
Space tech CEOs say sovereign launch capabilities could help Canada lead in low Earth orbit.
Canada’s plan to ban crypto ATMs worries industry, advocates
Nearly 4,000 cryptocurrency ATMs are located across Canada.
Ottawa plans to spin off federal semiconductor facility into “commercial entity”
The NRC’s Canadian Photonics Fabrication Centre is the only facility of its kind in North America.
Biopharma giant Sanofi to grow Toronto presence with expanded AI centre
French company says $294-million investment will create 50 new jobs.
Wealth? In this economy?
Plus: The full BetaKit Most Ambitious: Town Hall speaker lineup.
PrairiesCan invests $7.9 million in funding to support Co.Labs, local AI firms
Funding was announced in Saskatoon at the Uniting the Prairies conference.