AMD to pay $2.9-billion for AI chip firm Taalas in one of the largest Canadian tech takeovers
Advanced Micro Devices Inc. AMD-Q said Wednesday that it will pay about US$2.9-billion for Toronto-based semiconductor startup Taalas Inc., making…
Tag: british columbia
Gravity’s 23-year-old founder left Vancouver for San Francisco. One day, he hopes to come back bigger | BetaKit
AI adtech startup hopes to eventually parlay its $30.5-million USD Series A into a Canadian office. There’s an odd…
NorBot closes $1 million to establish a commercial robotics integrator
Aspiring Vancouver-based commercial robotics integrator NorBot Technology has secured $1 million CAD in pre-seed funding. The news: NorBot aims…
Mundo announces $24 million USD to help tackle AI’s “next frontier” | BetaKit
US investors back startup’s plan to provide the data and tools for understanding sensory information. Vancouver-based Mundo AI has…
Selena Gomez sued for alleged fraud over mental health startup
Open this photo in gallery: Investors, who seek to recoup their investments and legal fees, argue that Gomez and other…
Personal training app Flex AI is shutting down | BetaKit
CEO cites difficulty creating a sustainable business in the crowded fitness tech category. Vancouver-based personal training app Flex AI…
Chinese AI model takes U.S. tech industry by surprise with abilities rivaling Claude and ChatGPT
Open this photo in gallery: People stand near Moonshot’s booth during the World Artificial Intelligence Conference in Shanghai, China, on…
Superhuman, formerly Grammarly, acquires AI detector GPTZero | BetaKit
Two companies with Canadian roots want to build the internet’s “authenticity layer.” Superhuman, formerly known as Grammarly, has acquired…
AI-for-health care startup Signal 1 takes off as it borrows page from Shopify and Slack
Open this photo in gallery: Signal 1 AI co-founders Mara Lederman, left, and Tomi Poutanen in the company’s office in…
Ottawa to launch new startup investment fund as part of AI strategy, source says
Open this photo in gallery: The federal government’s artificial intelligence strategy has been highly anticipated by tech companies, researchers and…
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…
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…
NorthX invests $2.2 million in trio of BC wildfire tech startups
NorthX Climate Tech announced more than $2.2 million worth of follow-on investments in a trio of British Columbia (BC)…
Motorola acquires Canadian startup Hyper, known for AI tech that handles non-emergency 911 calls
Open this photo in gallery: Hyper co-founders Ben Sanders (left) and Damian McCabe at the Halton Regional Police Service headquarters…
Online legal database CanLII and AI startup Caseway settle copyright dispute | BetaKit
Settlement terms are confidential but both parties say they will move forward independently. The Canadian Legal Information Institute (CanLII)…
Walter acquired by Legora as legaltech sector consolidation continues | BetaKit
Walter team will join Swedish giant to rebuild company’s core technology into Legora’s platform. Vancouver-based legal AI startup Walter…
Google for Startups Accelerator reveals 14 “AI-driven” Canadian cohort | BetaKit
Class of 2026 marks the first time 10-week program has hosted a startup from Sudbury. The Google for Startups…
Fintech founders claim lawsuit launched by National Bank is effort to deter investors
Open this photo in gallery: Flinks co-founder Yves-Gabriel Leboeuf at its Montreal offices in 2019. He and fellow co-founder Frédérick…