Hopper cuts staff shortly after co-founder departs
Dakota Smith served as CEO of Hopper’s key revenue-driving enterprise division.
Montréal
Where quantum and AI intersect
At ALL IN, quantum leaders discussed why the tech won’t be built (or sold) like AI.
OSCP closes $6-million USD Series A round to power navigation without GPS
Montréal photonics startup aims to disrupt the IMU market with a smaller, more accurate alternative.
Quantum eMotion to acquire fellow Canadian cybersecurity firm Plurilock
Quantum-focused Montréal firm wants to use Victoria-based counterpart to broaden cybersecurity offerings.
French VC firm AdBio expands into Canada with Montréal office
Québec fund Fonds de solidarité FTQ is backing AdBio’s 120-million-euro Fund III.
How Canada can keep its AI talent
Mila’s Alex Shee on the shift from academic institutions that could help create “generational opportunity.”
Axya closes $17-million Series A to modernize manufacturing procurement
McRock, Yamaha, CIBC back Axya’s plan to help manufacturers automate sourcing and purchasing.
BDC is Canada’s sole entrant in investor network for NATO defence accelerator
The NATO DIANA Capital Network connects investors with companies in its defence tech program.
Canada is leading by example in AI
Plus: Canada Rocket Company rises.
Cohere and OpenText partner on Canadian agentic AI stack for enterprises
At ALL IN, Cohere VP says the two companies are targeting a similar customer base.
Aidan Gomez says Cohere won’t get into the business of making chips
Toronto AI company won’t follow competitors in pursuit of in-house semiconductors.
Mila negotiating new federal funding after being tasked with open-source AI file
Solomon: “It’s in the tens of millions. It’s serious backing, and we’re backing Mila.”
CEIMIA, Animikii partner with Manitoba First Nation on stewardship of Indigenous data
Animikii Indigenous Technology and CEIMIA announced the partnership at Montréal’s ALL IN conference.
OpenAI managing director says Canada an “obvious place” for data centre
George Osborne also praised the country’s efforts to solicit international investment and boost AI adoption.
Mila and Mozilla announce plans to build open-source AI for businesses
Canadian government-backed project has received $5 million from Firefox maker and $1 million from Hypertec.