Cohere to acquire Germany’s Aleph Alpha in sovereign AI play
Combined company will bear Cohere name with Aidan Gomez leading as CEO.
Toronto
Biossil exits stealth with $70 million USD to give failed medicines a second chance
Toronto-based biotech startup counts OpenAI, Founders Fund, and Staircase Ventures as backers.
Float launches agentic AI solution for corporate credit cards
Toronto FinTech firm says its new AI agent can take hours of bookkeeping off finance teams’ plates.
How StackAdapt quietly built an adtech giant
StackAdapt CEO Vitaly Pecherskiy says AI has changed what customers need from software.
Q&A: Behind the scenes of Cohere’s new AI transcription model
Cohere senior staff product manager unpacks open-source speech-to-text AI model.
Wattpad swaps presidents as Aron Levitz departs to build something new
David Lee takes the reins as Wattpad parent Webtoon streamlines its operating structure.
Inside Wealthsimple’s “simple” effort to bring Canadian talent home
What started as a Canadian Thanksgiving dinner in San Francisco has attracted over 6,000 job applicants.
Wealthsimple partners with Elon Musk’s X for direct stock trading via social media
Stock tickers on X posts will now link to FinTech’s trading platform for Canadian users.
Xanadu stock trades halted five times on TSX in two days, following price spike
Toronto-based quantum company debuted on exchange just last month.
Kepler to lead testing of European Space Agency’s high-speed data network
Toronto firm helped architect the first phase of the HydRON project.
Cohere exec pledges AI firm will stay Canadian-headquartered amid merger reports
Remarks come as Cohere reportedly explores combining with a German enterprise AI peer.
Common Wealth secures $12-million Series A to help deliver workplace retirement plans
The Toronto FinTech firm aims to make it easy and affordable to offer retirement benefits.
AppDirect acquires PartnerStack for upwards of $150 million USD
Acquisition secures “missing piece” to build a unified platform for partner-led growth.
Community event platform Wygo secures nearly $1.6 million pre-seed
Wygo allows hosts to create events for an audience that wants to shift their social life offline.
Harmix was a profitable music startup, before AI tools tempted it to build something new
Startup raises $1 million to solve software fragmentation for SMBs.