Canada’s AI strategy looks to shift government from startup supporter to stakeholder | BetaKit
New $500-million fund will take equity stakes in promising Canadian AI firms. Canada’s new AI strategy makes it clear…
Tag: Betakit
AI could democratize access to expert coaching, sports tech entrepreneurs say | BetaKit
Industry leaders see AI as a “complementary piece” of the puzzle alongside actual coaches. Canadian sports tech entrepreneurs say…
Leaked draft of Canada’s AI strategy reportedly reveals plans for tech growth fund | BetaKit
Draft policy promises more funding for AI Compute Access Fund and Canada’s network of AI institutes. A leaked draft…
Spotlighting Canada’s Most Ambitious | BetaKit
Plus: Feds considering Bill C-22 amendments. What a week! BetaKit pounded the pavement hard over the last seven days…
Why regulatory rigour is becoming a competitive edge in clinical AI | BetaKit
AI promises faster workflows, but healthcare orgs want clear answers on privacy, reliability, and accountability. Silicon Valley taught startups…
Canadian startups face a home-market adoption problem, CentML co-founder says | BetaKit
Before it sold to Nvidia, Toronto AI startup struggled to find local adopters willing to take a risk. While…
Quantum computing for drug discovery still hasn’t had its “ChatGPT moment,” biotech founder says | BetaKit
ProteinQure’s co-founder argues “messy biology experiments” are still the bottleneck. Quantum chemistry has been touted as having the potential…
Raquel Urtasun wants Canada to go “all in” on physical AI | BetaKit
Waabi founder said at BetaKit’s Most Ambitious: Town Hall that Canada could lead the physical AI revolution. Raquel Urtasun…
Canada’s AI minister says he’s more worried about creating unicorns than monopolies | BetaKit
Speaking at BetaKit’s Most Ambitious: Town Hall, Evan Solomon said he wants to reward companies taking risks. Evan Solomon…
Databricks and Ada execs on what’s fuelling the Gen Z AI backlash | BetaKit
Reynold Xin and Mike Murchison say there is space for students to reframe their relationship to AI. Recently, young…
Cohere releases its most powerful AI model as open source | BetaKit
As open-source AI becomes concentrated in China, Cohere says it wants to provide a secure alternative. Canadian AI firm…
Trane and BrainBox AI open Montréal lab to cut energy waste in buildings | BetaKit
Companies say emissions cut from AI systems will offset enviornmental cost of running AI. Montréal startup BrainBox AI and…
Relay secures $50 million USD to bring more small businesses to its banking platform | BetaKit
Toronto FinTech firm aims to build “financial command centre” for self-made small businesses. Toronto-based FinTech startup Relay announced on…
Cohere acquires second company with German ties in Reliant AI | BetaKit
Acquisition is intended to accelerate entry into the healthcare sector. Toronto-based AI scaleup Cohere has acquired yet another German-rooted…
Kritik is equipping profs for the AI “arms race” coming to classrooms | BetaKit
Ex-Top Hat founder’s edtech startup sells peer-grading and AI software to university professors. When every university student can have…
Inside ventureLAB’s bid to bring AI to Ontario’s critical industries | BetaKit
The Critical Industrial Technologies initiative helps Ontario’s SMEs move from working pilot to working business. When Halal Meals joined…
Clio tops $500 million USD in ARR as AI reshapes the legal market | BetaKit
CEO Jack Newton sounds off on revenue inflation and weathering the SaaSpocalypse. Burnaby, BC-based legaltech company Clio announced on…
Ian Crosby is back with a new accounting startup for the agentic AI era | BetaKit
Three-time Canadian founder raises $10 million USD for San Francisco-based Synthetic. Ian Crosby is on his third accounting startup,…