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Cohere has completed the first close of its Series E round, which it aims to grow to as much as C$7bn. The Toronto AI company says that would value it at C$35.7bn. The Government of Canada is among the new investors. Cohere announced the round on Thursday in a press release and a blog post […]
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Canada joins Nvidia in backing Cohere’s record C$7bn Series E Read More »
Amii, the Alberta Machine Intelligence Institute, will work with 25 more small businesses in Alberta, Saskatchewan and Manitoba after federal agency PrairiesCan added C$2.5M. Total federal support is now C$5.6M, and the programme has helped 30 firms since 2024. Amii, the Alberta Machine Intelligence Institute, will help 25 more small businesses in Canada’s Prairie provinces […]
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Canada adds C$2.5M to help 25 more Prairie firms adopt AI with Amii Read More »
Solink raised more than $100M led by Vertu Capital, with Goldman Sachs Alternatives, Golub Growth and Comcast Ventures joining. Its AI turns existing cameras in shops, restaurants and warehouses into data on theft, service and safety. It covers 35,000 locations in 65 countries. Solink, an Ottawa startup that turns shops’ security cameras into a source […]
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Solink raises over $100M to turn security cameras into business data Read More »
Norway’s Bulk Infrastructure Group wants a Canadian partner to own most of a planned subsea cable between Europe and Canada. The cable would avoid the US. Bulk’s founder, Peder Nærbø, set out the plan to Bloomberg on Monday. Much of Canada’s data and voice traffic now passes through US networks, the outlet reported. US threats against Canada […]
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Norway’s Bulk reportedly seeks Canadian owner for cable bypassing US Read More »
“Now we’re creating alien beings … And the reality is, we only have a couple of years to adapt to that.” Geoffrey Hinton, the Nobel laureate often called a “godfather” of AI, said this to the Guardian. The interview ran on 13 October. Leyland Cecco interviewed him in Toronto. Hinton also answered Nvidia chief Jensen […]
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Geoffrey Hinton tells the Guardian humans are creating ‘alien beings’ Read More »
Waymo is bringing its driverless taxi service to Toronto, its first city in Canada, and hopes to carry its first riders there in 2028. The Alphabet-owned company announced the move today. Its cars will appear on Toronto’s streets in the coming days, but people will drive them at first. Waymo will first map the city’s […]
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Waymo plans robotaxi service in Toronto by 2028, its first in Canada Read More »
The Académie Goncourt has dropped Thélyson Orélien’s novel C’était ça ou mourir from the first selection for France’s top literary prize. In a statement on Friday, the academy cited plagiarism by the author and analyses showing that AI had most likely written most of the book. Orélien denies using AI, Philip Oltermann reported for the […]
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France’s Goncourt prize drops a novel over claims AI wrote it Read More »
“No government or enterprise should have to choose between capable AI and control over their technology,” said Aidan Gomez, Cohere’s chief executive. Canada’s Cohere and Germany’s Aleph Alpha have signed a definitive business combination agreement, the companies said in their announcement on 16 September. The deal follows the planned combination they announced in April. It […]
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Cohere and Aleph Alpha sign, with headquarters in Berlin and Toronto Read More »
Amazon expects package volume in Canada to rise by more than 40% between 2026 and 2029, outpacing its US growth every year, according to internal documents reviewed by Business Insider. One of the more striking details is a March planning document recording that Amazon shifted some Canadian direct-import sourcing away from the United States and […]
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Amazon moved some Canadian sourcing from the US to China to avoid tariffs Read More »
Anthropic is committing $10 million CAD to eight Canadian research institutions to fund work on beneficial and responsible AI applications. The partnerships span Canada’s three leading regional AI institutes, Amii in Edmonton, Mila in Montréal, and the Vector Institute in Toronto, along with children’s hospital CHEO, the Centre for Addiction and Mental Health, Université Laval, […]
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Anthropic commits $10 million to Canadian AI research across eight institutions Read More »