The feds are ALL IN on AI
It was a good week to be Canada’s AI darling. One day after the company announced another $100 million USD in funding to…
Quebec
Tailscale’s CEO has an idea “worth billions” for AI startups
Avery Pennarun is building the air traffic control for AI agents. He needs help to make sure the planes land safely.
BDC Capital promotes Mona Minhas to managing partner of Thrive Venture Fund
The appointment comes after BDC’s $50-million Thrive ETA Fund announcement.
Google Android head Sameer Samat, FinTech CEO Odilon Almeida join Lightspeed board
CEO Dax Dasilva says the pair “fortify two strategically important areas” for the company.
Canada hopes to build a sovereign cloud to counter US dominance. It won’t be easy
The alignment on need for Canadian-controlled infrastructure has not yet been met with a plan to execute.
Telus opens inaugural Sovereign AI Factory in Rimouski
Facility lets Canadian entities develop and tweak AI while keeping their data in Canada.
Canada will update AI strategy a year ahead of schedule: Evan Solomon
AI minister says Canada “can’t afford to wait” as government assembles AI strategy task force.
Nesto bets on big banks as a way to provide more Canadian mortgages
Montréal-based mortgage lender says proprietary data is its “unfair advantage.”
Harley Finkelstein and David Segal to explore their entrepreneurial paths at Open House Montréal
BetaKit, TechTO, and Sage partner for fireside chat with iconic Montréal entrepreneurs.
Tatum Bioscience makes case for scalable cancer vaccine
Study shows Tatum’s treatment “uncloaked” cancer cells and wiped out tumours in mice.
Keypr incorporates Nesto mortgage services into platform for homebuyers
Konfidis Realty’s tech platform aims to set itself apart with lower commissions and covered legal costs.
Pender Ventures partner Isaac Souweine leaves VC firm
“Mutual” decision leaves Souweine searching for new opportunities in Canadian tech.
Canada outpaced US in tech talent growth in 2024: CBRE report
Toronto eclipsed New York while Waterloo soared 11 spots to become a top North American tech market.
FeX Energy raises $4.8 million CAD on bet that iron can power the energy transition
McGill spin-out is piloting iron reactor for renewable energy storage targeting heavy industry.
Christopher Skeete exits Québec’s innovation portfolio in cabinet shuffle
Christine Fréchette retains leadership of economy and innovation file, supported by two junior ministers.