OpenText lays off two percent of its workforce
Roughly 400 global employees are now out of work, but OpenText says Canadian impact is “minimal.”
Ontario
Canadaâs telco and banking incumbents form AI consortium
Scotiabank, Sun Life, Telus, and Lightworks team up to build AI infrastructure at the enterprise level.
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.
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.
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.
For Canadian femtech, womenâs autonomy is part of the business model
Virtual healthcare that puts womenâs control at the forefront is attracting VC dollars.
Canadaâs Arctic defender looks south?
Plus: Shopify and Shopline settle copyright suit.
Paystone enters creditor protection, pursues debt restructuring, sale
London FinTech firm says debt-fuelled acquisition spree, billing error leave its options limited.
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.
Shopify settles copyright lawsuit with rival Shopline
Shopify had accused Singapore-based Shopline of copying its e-commerce software.
Has quantum computing reached an inflection point? A top insider sees signs
As IEEE Quantum Week returns to Toronto, Nvidiaâs Sam Stanwyck analyzes quantum computingâs momentum.
US finance app SoFi acquires Composer to add AI investing strategies
Acquisition of Toronto FinTech bolsters SoFiâs case to be âthe everything app for digital financial services.â
Spellbook aims to write and renew the worldâs contracts with AI
CEO says new AI contract tool is âbiggerâ than launch of its first copilot product.