Feds make good on AI Strategy pledge with $500-million top-up for regional AI initiative
Total funding now sits at $700 million, with aims to support AI adoption and commercialization.
Ottawa
Dominion Dynamics strikes deal to build Ukrainian uncrewed ground vehicles in Canada
Ottawa startup partners with Ukrainian firm Tencore to produce armoured vehicles for front-line deployment.
Cohere to open third Canadian office in Ottawa
Toronto AI company plans to tap into the region’s “strong talent pool.”
Canadian tech and investor groups call for tax incentives, capital gains rollover
CVCA, CCI, and others ask for QSBS-style tax incentive meant to retain business value.
Calian and Invest Ottawa to open new defence research and development lab
Ottawa’s Area X.O will get a new testing facility focused on helping defence technologies work well together.
H2 Analytics secures $800,000 in FedDev funding to improve defence training platform
CEO says repayable funding will help the platform integrate new AI features and expand internationally.
Rewind CEO Mike Potter wants to “back up the entire cloud” following private-equity takeover
Data backup firm looks to use new ownership to take advantage of AI-era tailwinds.
Canada invests $67 million in dual-use life sciences research
Funding will support organizations in Ontario, Alberta, and BC, as well as five pan-Canadian research hubs.
Shopify becomes OpenAI’s first e-commerce partner with ChatGPT Ads integration
Integration allows merchants to sync storefronts and advertise directly inside ChatGPT in the US.
Canada, Ukraine tap Canadian drone companies in binational deal
Companies from New Brunswick, Quebec, Ontario, and Saskatchewan among those receiving contracts.
Tailwind finds “stable, long-term home” with Shopify acquisition
E-commerce giant brings the popular web development framework’s team in-house.
Feds appoint Patrick Pichette CEO of new digital transformation agency
Ex-Google CFO and Inovia partner to lead org focused on modernizing public service.
How InDro Robotics is turning a giant truck into a mobile, autonomous command centre
Victoria-based robotics firm wants to build a mainframe for Canada’s autonomous warfare.
Ottawa tech worker builds app to detect nearby smart glasses
Marcos Rezende wants to let users know they might be getting discreetly recorded.
Telesat’s steep Q2 net loss slows its stock bull run
Satellite operator attributes its $559-million net loss to increased value of debt and warrants.