BY THE OPTIMIST DAILY EDITORIAL TEAM There’s a particular kind of exhaustion that comes from doing everything right. The career is advancing, the goals are being ticked off, and the productivity is real. And yet something feels off, or hollow, or impossible to name. Modern culture tends to treat this as ingratitude or a failure…
BY THE OPTIMIST DAILY EDITORIAL TEAM Two years ago, Molly Kelley found out that a close family friend had used a nudification website to make nonconsensual deepfake images of her and dozens of other women. About 80 women in Minnesota were affected by the same person. When she tried to figure out what legal recourse…
Newly public quantum company Xanadu posted a net loss of $20.6 million USD in its inaugural earnings call, but revenue grew fourfold compared to the same period last year. “I want to take a moment to acknowledge what this call represents, not just a financial reporting milestone but a public commitment to transparency and accountability,”…
Most people playing the stock market would agree that it’s a good idea to ensure the product a company provides actually exists before taking it public. That’s not the case for Vancouver’s General Fusion. CEO Greg Twinney is taking the company public, anyway, potentially as soon as next month. Speaking with Axios national energy correspondent,…
Getting trained nurses credentialed and onto the front lines quickly is one of the most practical ways a province can strengthen its healthcare system. In Alberta, that process used to take months—sometimes years. Today, in many cases, it takes just minutes. “The goal wasn’t to just digitize licensing. It was to rebuild the work so…
The federal government is backing a new organization to connect Canada’s top research and development (R&D) talent with the companies that need them. Industry Minister Mélanie Joly announced the launch of Talent Innovation Canada (TICAN) on Thursday morning, supported by $29 million in federal funding that was initially proposed in the 2024 Fall Economic Statement….
CMC Microsystems, the not-for-profit that accelerates research into advanced technology, has doled out $10.7 million in federal funding to nearly a dozen Canadian semiconductor technology companies as part of a funding challenge. The winning projects addressed challenges with edge computing, like minimizing heat, power needs, weight, and required space. The grant funding came through CMC’s…
Goldman Sachs’ alternative investments division is buying Lévis, Que.-based QScale, which develops and operates AI-ready data centres. The American investment bank announced yesterday that Infrastructure at Goldman Sachs Alternatives has closed its acquisition of QScale, in partnership with the Canadian firm’s founders and management team. “Partnering with Goldman Sachs Alternatives gives us the capital base…
Québec City-based telecom software startup Gaiia has raised a $40-million USD ($54.8-million CAD) Series B round as it hopes to invest an “ungodly” amount in its product, research and development, and 90-person team. Gaiia has raised nearly $90 million CAD from backers including Y Combinator, GTMfund, and Workleap CEO Simon De Baene. The all-equity, all-primary…
Burnaby, BC-based legaltech company Clio announced on Tuesday that it is now generating more than $500 million USD ($687 million CAD) in annual recurring revenue (ARR). This milestone comes six months after Clio shared it hit $400 million USD in ARR, alongside the close of its $500-million USD Series G and landmark acquisition of Spanish-American…
