Last year, with Collision moving to Vancouver under a new name, a bunch of Toronto tech leaders got together and said, ‘Why not us?’ “You could start your day paddleboarding on Lake Ontario, then you could go to a workout class, then you could go to a session on what VCs want to hear.” Julia…
Canadian AI firm Cohere has unveiled a new AI model that’s available to developers to use or modify as needed, for free. The news: On Wednesday, the enterprise-focused AI startup released its latest large language model: Command A+. The mixture-of-experts model, which splits up processing between sub-models or “experts,” is twice as fast as Cohere’s…
In the 2020 video game Cyberpunk 2077, transhumanism is commonplace. The game envisions a dystopic, sci-fi reality 50 years in the future, where high-tech gadgets are spliced and sutured into the human body to enhance abilities, augment performance, or replace disability. As little as five years ago, Cyberpunk’s cyberware body modification came across as pure…
When you press start on most video games, you often find yourself in the shoes of a protagonist tasked with saving the world. The stakes are only slightly smaller for George Greer. Greer is the co-founder of Besszong, a new Halifax-based independent video game development studio founded out of the ashes of Ubisoft Halifax’s closure…
The Government of Canada is injecting millions of dollars into the Canadian Institute for Advanced Research’s (CIFAR) AI Chairs Program amid a global battle to attract and retain AI professionals. Canadian minister for technology and innovation, Evan Solomon, announced the $24-million investment on the third day of Upper Bound, Alberta’s largest AI conference. Funding will…
First it disrupted investing. Then it disrupted banking. Now, Wealthsimple wants to take over your financial life. As part of its third Wealthsimple Presents, the Toronto-based FinTech announced on Thursday a new suite of banking products it says will allow Canadians to better manage the various aspects of their finances. “For small businesses in particular,…
On May 28, during Toronto Tech Week, Co-Founder Connect is testing a new approach to help you find a co-founder. The event, organized by the Black Entrepreneurship Alliance (BEA) in partnership with YSpace at York University, won’t be your run-of-the-mill mixer. Before the doors even open, the event’s organizers will have already mapped the room….
Toronto-based quantum computing firm Xanadu Quantum Technologies has struck a deal to raise up to $300 million USD ($414-million CAD), the same day it claimed a breakthrough that could make quantum operations significantly cheaper. The news: Xanadu revealed last week it was in negotiations to establish a $300-million USD synthetic at-the-market (ATM) equity facility—a popular…
TurboTax parent company Intuit is laying off about 17 percent of its global workforce, or roughly 3,000 employees. The news: The company, which has an office in Toronto, told employees in an internal memo earlier this week that it’s reducing investments in certain areas so it can pour resources into what it calls its “big…
Canadian angel investment has fallen to levels not seen since the COVID-19 pandemic. But more women than ever are participating in those investments, according to the National Angel Capital Organization (NACO)’s 2026 Report on Angel Investing in Canada. The report found that Canadian angel investors deployed nearly $114 million across 490 investments in 2025, marking…
