Cohere reportedly soars past revenue target, with $240-million USD ARR
Canada’s AI champion had projected $200 million USD ARR last year.
Ontario
Ottawa, Gatineau launch defence innovation task force in bid for NATO defence bank
Task force features mayors, a retired general, and leaders from One9 and Ranovus.
Mesosil’s infection-fighting dental tech gets FDA clearance
Green light lets Toronto-based startup’s technology be sold in US market.
Apple strikes deal to acquire Canadian database software startup Kuzu
US tech giant confirmed the October 2025 deal in a disclosure to the EU.
Backboard.io claims its AI has a better memory than yours
Ottawa startup’s AI platform outperformed other models on two memory benchmarks.
ApplyBoard researchers say they have a fix for AI’s “silent failure” problem
EdTech company’s team wins recognition for “confidence score” that helps keep LLMs honest.
Shopify stock slumps despite record-breaking Q4 revenue
E-commerce giant authorizes $2-billion USD share buyback as CFO touts strong balance sheet.
The feds asked investors for candid feedback on BDC. It was never actioned
BetaKit-obtained 2023 report outlines private-sector grievances with Canada’s largest VC.
Elle, MD, Hiive, and LiORA among latest CIX Startup Awards winners
Annual awards recognize top emerging, early-stage, and growth-stage Canadian startups.
Modem closes $4.4-million USD pre-seed round to help developers ship faster
Co-founders from Sentry, Cohere back Toronto startup’s AI product management platform.
Trust Science acquires Lenders API to build fraud defence system for lenders
Edmonton FinTech plans to integrate Toronto company’s solution into its decision-management infrastructure.
Kiwi Charge takes EV-charging robot to showroom floor with $1.7-million pilot project
“R2-D2 for EV charging” will be showcased at the Canadian International AutoShow this week.
Josh Ogden thinks Canada’s drone industry can gain some altitude
AVSS wants to show that keeping IP and manufacturing in Canada can still work.
We read every submission from Canada’s AI task force: here’s what they said
Nearly 350 pages of recommendations sketch a fractured but urgent road map for Canada’s AI future.
OpenText beats expectations thanks to strong cloud growth in Q2
Executives said quarterly results show progress of strategic initiatives.