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Anthropic commits $10 million to Canadian AI research across eight institutions

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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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Canadian workers have few defences against workplace surveillance

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TD’s plan to monitor some staff has exposed a legal gap: in much of Canada, an employer can watch you work and owes you little more than a notice. Then Toronto-Dominion Bank told some of its staff that software would soon be watching how they worked, the employees did what most people do when handed […]

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Canada buys Australian Arctic radar in A$2.5bn defence-export first

Australia, Canada, Defence, Digital Marketing, Next Featured, SEO Tips, Technology /

Australia has been refining the same unusual piece of radar for decades, a system that bounces signals off the ionosphere to see thousands of kilometres past the curve of the Earth, and for all that time it kept the technology to itself. On Sunday it sold it abroad for the first time. Canada agreed to […]

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Nuvei is buying Payoneer for $2.75bn to build a one-stop rival to Stripe

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Nuvei is buying Payoneer for $2.75bn, a bet that the way to take on Stripe is to own every step of a payment, not just one. The Canadian firm will pay $7.40 a share in cash for Payoneer, the cross-border specialist listed on Nasdaq, in a deal both boards have approved. It ends Payoneer’s roughly […]

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Canada’s Carney compares Anthropic shutdown to 2008 financial crisis, warns of AI “model risk”

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Canadian Prime Minister Mark Carney said Sunday that the US export ban that forced Anthropic to shut down Fable 5 and Mythos 5 demonstrates the danger of depending on a small number of powerful AI models. Speaking to reporters during a visit to Ireland, Carney framed the suspension as a warning about systemic vulnerability rather […]

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Canada wants to ban under-16s from social media, and rein in AI chatbots too

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Canada has introduced a bill that would bar under-16s from social media and, in a twist that sets it apart from other countries, regulate AI chatbots in the same sweep. The Digital Safety Act, tabled on Wednesday, is the latest move in a global wave of governments cracking down on platforms over harm to children. […]

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An ‘anti-private-equity’ startup raised $225M to buy Main Street software and rebuild it with AI

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Private equity buys companies, strips out costs, and flips them. A two-year-old startup called Beacon has raised hundreds of millions to do almost the opposite, and to let AI do the heavy lifting. Beacon, an “AI-native” holding company based in Toronto and San Francisco, said on Tuesday it had raised a $225mn Series C led […]

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Apple and Google push for judicial oversight of Canada’s lawful-access bill

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Apple and Google have formally pushed for amendments to Bill C-22, the Canadian government’s lawful-access legislation now working its way through the House of Commons, arguing that the bill as drafted creates a potential for secret orders to compel changes to the encryption underpinning their software and devices. Both companies want judicial oversight built into […]

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