Canada can’t outspend its peers. So how might it outsmart them? 2024 was the year that British-Canadian computer scientist Geoffrey Hinton won a Nobel Prize in Physics for his contributions to the field of artificial intelligence (AI). 2024 reinforced that Canada lacks the resources to win the AI war on all fronts. His victory […]
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 […]
Marie Chevrier Schwartz explains how her company lost product-market fit after a decade in business. Could this happen to my company? That was surely one of the questions running through the minds of the assembled tech leaders and founders attending the tell-all fireside chat between Sampler founder and former CEO Marie Chevrier Schwartz and […]
Startups face layoffs and cancelled contracts to cover SDTC financing shortfalls, BetaKit has learned. The sluggish restart of embattled federal cleantech investment agency Sustainable Development Technology Canada (SDTC) has left some of the early-stage cleantech startups the organization was designed to support still waiting for promised funding. With those startups cutting staff and projects […]
Spun out of a subcontracting company, Kahi raised $2.3 million CAD led by BDC Capital Seed Venture Fund. After a disaster like a hurricane, flood, or fire ravages a building, someone’s gotta clean it up. That’s why insurance companies bring in a disaster restoration subcontractor, who use professional-grade climate control equipment like dehumidifiers, heaters, […]
Move is expected to open up a massive audience of 80 million potential young customers to brands. Shopify is set to pilot its checkout in Robloxone of the world’s largest online games, the two companies announced today. “This will open up a massive audience of 80 million daily active, highly engaged, Roblox users, and […]
Shopify CEO Tobi Lütke praised Parakhin’s “deep expertise” in AI and machine learning. Canadian ecommerce giant Shopify is hiring former Microsoft executive Mikhail Parakhin as its new CTO. “The impact of [Parakhin’s] work across the broader tech industry runs deep.” Shopify president Harley Finkelstein According to his LinkedIn, Parakhin had been with Microsoft since […]
