As the world searches for more ways to power a maturing AI economy, many are looking at nuclear energy as a cleaner, more reliable solution than the fossil fuels that often power today’s data centres. Canada is no exception. Last June, the federal government announced plans to expand Canada’s nuclear footprint, which has largely been…
Ever since Terminal graduated from Y Combinator in 2023, co-founder and CEO Raghav Midha says he has focused the Toronto-based startup on perfecting its product, rather than chasing growth. Now, it’s time to change gears. The telematics data integration platform has raised a $20-million USD ($28.2-million CAD) Series A round as it looks to ride…
BY THE OPTIMIST DAILY EDITORIAL TEAM It’s usually around this time of the summer season when you find out which plants you’ve been taking for granted. You stroll through your garden, and there it is: your favorite leafy friend, drooping like it’s given up. The instinct is to reach for the hose. More water, surely,…
BY THE OPTIMIST DAILY EDITORIAL TEAM Researchers have planted 9,000 milkweed plants along roads in six North Florida counties, with 6,000 more going in before 2029. Monarchs are already showing up at the sites. The work is part of a national effort led by the University of Illinois Chicago to turn road margins, power line…
BY THE OPTIMIST DAILY EDITORIAL TEAM Every time you stream something, pay a bill, or ask an AI a question, a server somewhere is putting in the work. Those servers live in data centers: large, unglamorous buildings full of humming machines that run around the clock and consume staggering amounts of power and water. Most…
BY THE OPTIMIST DAILY EDITORIAL TEAM Holding in a sneeze carries more risk than most people assume. The injuries it can cause include ruptured eardrums, damage to the tissue lining the throat, and in rarer cases, air trapped under the skin of the neck or leaking into the space between the lungs. These are uncommon….
Integrating AI into the public service has changed the way the Government of Alberta views digital procurement services, and it expects vendors to adapt. Speaking today at the Velocity Symposium, Alberta’s technology minister Nate Glubish told attendees that the Province’s growing AI use means that those looking to do business there must adapt to changing…
The co-founders who encouraged shoppers to buy Canadian with grocery-scanning app Maple Scan have launched a new startup, focused on ushering in a new era of AI that’s more interactive than a standard chatbot conversation. “The way we actually use [AI] has barely moved, and history says whoever closes that gap is who defines the…
New York City-based FinTech giant Ramp has opened its corporate expense management platform to Canadian businesses as it plans to add a new Toronto office. The news: After only serving a small number of businesses operating in Canada for the past couple of years, Ramp announced its expanded entry into the Canadian market on Tuesday….
FinTech company Vena Solutions has entered an agreement to acquire fellow Toronto startup Morpheo AI. The acquisition will help Vena deepen the agentic AI capabilities of its financial planning and analysis (FP&A) platform. “This has been a very interesting year for SaaS businesses around defining how you’re going to approach and bring AI capabilities to…
