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…
Tag: Toronto
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…
Cohere goes Deutsch?
Plus: Hypertec is now a key Nvidia partner in Canada. Canada’s AI champion is reportedly considering going Deutsch. On…
Harmix was a profitable music startup, before AI tools tempted them to build something new
Startup raises $1 million to solve software fragmentation for SMBs. Toronto-based Harmix Group got its start building an algorithmic…
Motorola acquires AI-based 911 call screening startup Hyper | BetaKit
Deal comes less than a year after Hyper exited stealth. Toronto- and San Francisco-based Hyper, which uses AI to…
Canadian VCs are starting to fear an AI-driven “SaaSpocalypse” | BetaKit
At CIX Summit’s Investor Forum, VCs grappled with AI’s impact on an already tough market. Canadian technology investors are…
MaRS Impact Health returns to showcase Canada’s next big healthcare breakthroughs | BetaKit
Annual summit highlights Canada’s promising life science and healthtech startups on April 23. In one month, Toronto will play…
YScope closes $3.9 million USD to track computer activity amid the rise of agentic AI | BetaKit
Two Small Fish backs U of T spinout’s logging infrastructure technology. As AI agents put an ever-growing strain on…