1Password tops $500-million USD ARR on the back of accelerating AI demand
Developers using 1Password to deploy agents have helped the Toronto tech firm expedite its growth.
Toronto
Toronto’s mayoral race points to prediction market loopholes
Plus: Shopify CTO Mikhail Parakhin to leave after two years.
Families of Wes Hall, Patsy Anderson make $3-million donation to SickKids’ AI initiative
SickKids AI program looks to deploy “responsible AI” across clinical care, research, education, and operations.
Tenstorrent secures $1.5 billion USD at $6.2-billion valuation to challenge GPU dominance
Canadian-founded chipmaker is betting that the future of AI inference is open-source.
Mecka AI recruits growth hackers behind “IRL sidequest” app Thirdspace
Thirdspace’s founders have been tasked with scaling Mecka’s home data capture app.
10KC co-founder talks engineering an exit and spotting fake term sheets
David Wilkin unpacks the startup’s learnings from failed sale to successful outcome at TechExit.
Waymo to begin robotaxi pilot in Toronto, but with human drivers until 2028
US robotaxi giant will take a phased approach that aims to eventually serve riders autonomously.
McKinsey alumni raise $2.5 million USD to build AI for industrial manufacturers
Toronto’s Aerium has set out to build “the next Siemens of the world.”
U of T’s Citizen Lab exposes “nightmare” spyware hack that requires no clicks from users
Report alleges Israeli spyware firm targeted Al Jazeera devices with “AdFection” scheme.
Molagri raises $5.2-million USD seed round to bolster work on pesticides that “evolve”
Funding will support hiring more scientists and conducting field trials.
Superwhisper, Cohere partner on meeting recorder for enterprise clients
Using Cohere models, meeting transcription and summaries can run locally on users’ devices.
Teens excited, hesitant about Canada’s proposed youth social media ban
High school students at Rally sit down with senator to sound off on social media regulation.
Cohere to acquire Czech AI cybersecurity firm Aisle, set up new cyber division
Deal will see Cohere deepen European presence with Prague office.
Google backs launch of cross-Canada cybersecurity training hubs
Cyber clinics will act like teaching hospitals for the digital age, giving new professionals real-world experience.
Promise Robotics strikes deal to supply largest US homebuilder DR Horton
Toronto AI homebuilding startup to open its third factory in Phoenix, Arizona.