Intuit lays off 17 percent of its global workforce
TurboTax parent puts resources behind “big bets” that come with strategic AI focus.
Toronto
Xanadu strikes deal to raise up to $300 million USD
Toronto firm announces the deal the same day it claims quantum breakthrough.
Quantum Bridge raises $8 million USD to prepare for “Q-Day”
Series A funding will help U of T spinout scale its Q-Day-ready encryption method.
Angel Investors Ontario joins CSCA as it makes new pitch for government funding
With its future still uncertain, AIO hopes the CSCA will help advance its mission nationally.
N49P’s $25-million USD first close for Fund IV will help it hunt more “diamonds in the rough”
Toronto VC firm aims to raise $70 million to invest in more nascent tech startups.
Relay secures $50 million USD to bring more small businesses to its banking platform
Toronto FinTech firm aims to build “financial command centre” for self-made small businesses.
OpenAI partners with 1Password to secure coding agent Codex
Toronto firm’s new Codex integration aims to protect credentials in software workflows.
Cohere acquires second company with German ties in Reliant AI
Acquisition is intended to accelerate entry into the healthcare sector.
Kritik is equipping profs for the AI “arms race” coming to classrooms
Ex-Top Hat founder’s edtech startup sells peer-grading and AI software to university professors.
Xanadu reports larger net loss than expected, but quadrupled revenue in first public earnings report
Company eyeing the “big prize” of a Toronto-based quantum data centre by 2029.
Feds back new group embedding graduate researchers with Canadian companies
TICAN will work with firms to identify R&D challenges, then find grads who can solve the problem.
Inside the Calgary medtech company born from one man’s determination to treat his own son
Saving Adam was the first mission. Selling the science is the next.
The BetaKit Guide: Toronto Tech Week 2026
Your cheat sheet to one of the busiest weeks in Toronto tech.
Nmbr says it’s reshaping payroll competition in Canada. Now it wants to go worldwide
With a presence in every province, Nmbr CEO Simon Bourgeois says it’s time to think internationally.
Q&A: Vass Bednar on why Canada is at risk of remaining a digital 51st state
Canadian Shield Institute leader talks digital sovereignty ahead of CUSMA review.