Mecka AI announces $60 million USD to power physical AI
Canadian-led startup aims to build “the data and deployment layer” for robotics. Mecka AI, which aims to train robots…
Tag: Toronto
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…
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…
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…
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…
Nmbr says it’s reshaping payroll competition in Canada. Now it wants to go worldwide | BetaKit
With a presence in every province, Nmbr CEO Simon Bourgeois says it’s time to think internationally. The average person…
Biopharma giant Sanofi to grow Toronto presence with expanded AI centre | BetaKit
French company says $294-million investment will create 50 new jobs. Sanofi announced on Monday that it is investing $294…
University of Toronto – AI startup founded by U of T alumni to revive failed drug candidates
A startup founded by University of Toronto alumni has won Silicon Valley buy-in for its novel approach to AI-assisted drug…
In AI, it’s US vs. the world
Plus: This Canadian company almost hired an AI candidate. Canada strengthened economic ties with new global partners this week…
Cohere to acquire Germany’s Aleph Alpha in sovereign AI play | BetaKit
Combined company will bear Cohere name with Aidan Gomez leading as CEO. Toronto-based AI scaleup Cohere announced Friday morning…
Biossil exits stealth with $70 million USD to give failed medicines a second chance | BetaKit
Toronto-based biotech startup counts OpenAI, Founders Fund, and Staircase Ventures as backers. Toronto-based biotech startup Biossil has exited stealth…
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. Toronto-based FinTech startup Common…