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Venture capital money in Canada drying up: RBCx
Venture capital money in Canada drying up: RBCx
Canadian entrepreneurs are still accessing capital when starting up a technology-related firm. But the pool of money is now much smaller than in the past, according to new research from RBCx.
Fig Financial surpasses $500M lent as it expands
Fig Financial, a leading Canadian fintech backed by Ontario Teachers' Pension Plan and Fairstone Bank, has officially lent more than $500 million to Canadians, marking a major milestone in the company's growth.
OMERS takes loss on TouchBistro sold to Constellation
Restaurant point-of-sale software vendor TouchBistro Inc., a one-time Canadian tech darling, has been bought by Constellation Software Inc. subsidiary Harris Computer for $100 million, two sources say. OMERS and other investors took a signifcant loss on the sale.
L-SPARK, Mila Ventures plan to accelerate AI innovation
L-SPARK, an Ottawa-based corporate accelerator and delivery partner for the national TELUS Sovereign AI Accelerator, and Mila Ventures, the Quebec Artificial Intelligence Institute, have established a strategic collaboration to accelerate the growth and commercialization of Canada's most promising AI startups.
The fight against artificial intelligence goes offline
Christie Little moved to a small community outside Winnipeg to live under a big prairie sky and quiet disturbed only by the wind. Then she saw a Facebook post about plans for a hyperscale AI data centre near her home.
AI buildout poses latest inflation threat for consumers
American consumers are being hit with another high-cost headache. The gusher of investment in data centres — US$700 billion this year — to power artificial intelligence has made memory chips, computer processors and other equipment, as well as electricity, more expensive.
Microsoft CEO issues warning to companies using AI
Of all the debates raging about the potential downsides of AI, there is one worry causing the most hand-wringing among AI enthusiasts in Silicon Valley. Their fear is the giant AI labs that sell proprietary models are somehow acting like Trojan horses.
The real AI race may no longer be at the frontier
For several weeks this summer, the AI industry was fixated on Anthropic’s latest frontier models and Washington’s fight to control access to them. Chinese open-weight models accounted for 41 per cent of downloads on Hugging Face this spring, surpassing U.S. models.
Apple accuses ChatGPT of stealing trade secrets in lawsuit
Apple has accused OpenAI of stealing trade secrets as it seeks to build its own hardware for ChatGPT, creating a rupture in a partnership between Apple and the AI company. Apple claims OpenAI encouraged Apple employees to share confidential information.
Canadian tech startups and use of AI in the workplace
AI is flooding into Canadian workplaces — especially in the technology sector. Tech employers and current and prospective workers are now using AI to do everything from generate their resumes to review potential candidates and guide decisions about employees.
Meta removes controversial AI feature on Instagram
Meta has axed a controversial feature that allowed users to modify photos from public Instagram accounts using AI. The feature was rolled out earlier this week along with other AI tools but “missed the mark” and is no longer available.
The EU's plan to restrict children’s access to social media
The EU will propose a law to restrict children’s access to social media. It calls for children under the age of 13 to access social media only in the presence of an adult and older children based on platform policies.
Industry Events
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ALL IN 2026
Sep 16 2026
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Oct 20 2026
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Nov 03 2026
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May 25 2027
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