News
Opinion: Canada is building sovereign AI'now it needs to secure it
1+ day, 18+ hour ago (635+ words) Devi Narayan is a former investigator with the Toronto Police Service and is now CEO of Autnhive, a Canadian cybersecurity firm specializing in AI system security. I spent years as an investigator with the Toronto Police. I watched organizations pour…...
OPINION: AI can be the First Spike of Canada's digital age
1+ day, 2+ hour ago (990+ words) Alex Tapscott is the CEO of CMCC Global Capital Markets, Co-founder of the BRI and the co-author of the institute's report Rebuilding Canada for the New Technology Order, published June 16. Today, we celebrate Canada Day. While Canadians rightly mark our…...
AI minister says Ottawa considering taking the lead on AI investment rounds |
1+ day, 4+ hour ago (353+ words) Beta Kit Canadian AI minister Evan Solomon hinted that Canada could become a lead investor in Canada's AI boom on The Beta Kit Podcast. The news: During a conversation with Beta Kit editor-in-chief Douglas Soltys, Solomon said the federal government…...
Stathera raises $55 million USD for semiconductor clock tech amid data centre boom
1+ day, 21+ hour ago (164+ words) Stathera has raised $55 million USD ($78 million CAD) to boost production of its semiconductor clock technology amid an AI-fuelled push for compute power." Stathera develops semiconductor timing technology'a kind of clock for computing chips'for various uses, from mobile devices to hyperscale…...
Spellbook aims to write and renew the world's contracts with AI
2+ day, 20+ hour ago (351+ words) Spellbook wants to change how contracts are drafted and signed in the age of AI software." The Toronto-based company released its Spellbook Autonomous Contract Management (ACM) product on Tuesday to a limited number of customers; the company hopes the product…...
US finance app So Fi acquires Composer to add AI investing strategies
2+ day, 42+ min ago (335+ words) San Francisco-based banking, lending, and investing app So Fi has acquired Toronto-based Fin Tech startup Composer for an undisclosed amount." The news: Last week, So Fi revealed Composer by So Fi, a new AI-powered investing platform within its financial app,…...
Dominion Dynamics lands $139-million Series A to build Canadian defence "neoprime
2+ day, 19+ hour ago (874+ words) Six months after closing a major seed round, Ottawa-based defence tech company Dominion Dynamics has secured $139 million CAD ($100 million USD) in Series A financing to advance its mission to become Canada's first line of defence in the Arctic. In an…...
Prairies Can invests $5. 6 million to support Black entrepreneurship in Alberta |
2+ day, 1+ hour ago (302+ words) Beta Kit The federal government is injecting $5. 6 million into organizations that support Black entrepreneurship in Alberta. The news: Funding comes via Prairies Economic Development Canada's (Prairies Can) Black Entrepreneurship Program (BEP) and will go towards three Alberta-based organizations to support…...
Vector Institute launches open-source AI bias detector
2+ day, 20+ hour ago (330+ words) Beta Kit There's now an open-source tool to help detect biased language in writing and AI datasets, developed by a Canadian research hub. The news: Toronto's Vector Institute released Un Bias-Plus on Tuesday, a free tool that Vector research scientists…...
From Chrome extension to customer data engine: Floqer announces $2-million raise
3+ day, 3+ hour ago (496+ words) Halifax-based Floqer began as a simple Google Chrome extension. Now, the less-than-two-year-old software startup is helping big-name companies like Perplexity and Wise gather and review client data. Floqer revealed on Tuesday that it closed just over $2 million CAD in previously…...