Canada Technology

The biggest tech stories of 2024

Plus: Annual grades for Wealthsimple, Shopify, Cohere, and more. Congrats, folks, we’ve survived another year. As required for The BetaKit Podcast to maintain its podcasting license, we are here to to review the tech year that was. “We are about to see a bunch of people who are powerful, successful, and feel like they […]

Canada Technology

Feds struggle to table Fall Economic Statement following Minister Freeland’s shock resignation

Mini-budget with many tech commitments comes during a day of chaos on the Hill. The Government of Canada barely tabled its Fall Economic Statement (FES) after a day of political chaos and uncertainty. The Liberal government was thrown into turmoil following the surprise resignation of Deputy Prime Minister and Finance Minister Chrystia Freeland hours […]

Canada Technology

Apple adds ChatGPT integration in latest software update

Apple is aiming to compete with rivals Google and Samsung in the generative AI space – Copyright AFP/File SEBASTIEN BOZON Tech giant Apple on Wednesday rolled out major updates to its artificial intelligence offerings that integrate OpenAI’s ChatGPT into its native applications, including Siri, on the iPhone. In a notable shift for the privacy-focused company, […]

Canada Technology

Canadian-led Medeloop closes $15.5 million USD in Inovia-led Series A round

The founder of exited startup Medesync wants to accelerate clinical research with AI. Silicon Valley-based Medeloop has closed $15.5 million USD ($21 million CAD) in Series A financing to support its platform aimed at speeding up clinical research with artificial intelligence (AI). The all-equity round, which closed in late October, was led by Canadian […]

Canada Technology

Richa Mehta joins Radical Ventures as San Francisco-based partner

AI-focused VC firm launched a new $800-million USD growth fund in August. Toronto-based artificial intelligence (AI)-focused venture capital (VC) firm Radical Ventures has tapped Richa Mehta as its newest partner. Mehta will help lead Radical’s growth strategy, taking on typical partner responsibilities like leading investments, taking board seats, interfacing with limited partners, and helping […]

Canada Technology

As Google and Cohere expand multilingual AI offerings, experts warn of “plausible BS”

Human translators still needed alongside automated tools, experts say, citing legal and safety risks. Translation experts at tech companies and certified translators in Canada are concerned about the fallout of machine-translated content being used in important documents without expert oversight. Canadian businesses are increasingly incorporating artificial intelligence (AI) into their day-to-day operations, often to […]

Canada Technology

Founders of Sysomos, Aislelabs find traction bringing their AI research to AEC

Workorb secures $2.6 million CAD to advance AI in architecture, engineering, construction sectors. Toronto-based artificial intelligence (AI) startup Workorb has closed $2.6 million CAD in seed financing to advance its automation product for the architecture, engineering, and construction (AEC) industry. The round, which consisted of SAFE agreements that closed over the summer, was led […]