BetaKit

Amid global uncertainty, the path forward is clear: Canada’s moment to build is now. BetaKit Most Ambitious is back, telling stories of nearly 100 Canadian innovators strengthening our nation’s autonomy, security, and prosperity. Read it now: bit.ly/4f0Wl2a

.@FP_Champagne says Thursday’s federal budget will be all about entrepreneurs. We take a look at what that might mean.

Three companies left @dmzhq’s 6th annual Black Innovation Summit with funding: @cuvris: $50K Carbon Saver: $10K @heyclio: $100,000K, and $10K in grant funding betakit.com/hey-cleo-wins-10…

.@bdc_ca has launched two new initiatives aimed at entrepreneurs. Connect&GO founder Dominic Gagnon will lead the first, while @FrankandOak CTO @raffpaquin will lead the second. betakit.com/bdc-launches-two…

Canada produces top tech talent, but keeping skilled workers at home requires careers worth staying for. @CapitalOneCA shares how transferable cloud skills, broad product ownership, and continuous learning can help retain skilled engineers. betakit.com/how-canada-can-b…

Canada has named @cohere its champion. For the BetaKit Newsletter, @shua_scott asks what happens next. Plus: 💰@Wealthsimple raises big 🐠 @turbopuffer’s AI-era example 📈Canada’s fastest-growing companies. betakit.com/why-canadas-cohe…

Since its launch 14 years ago, Montréal's Transit has evolved from a simple consumer app into a complex data layer that feeds back to about 200 local transit agencies, improving transit systems and encouraging ridership. betakit.com/transit-started-…

Toast founder and CEO April Hicke says Ablerta's Bill 33, which bans publicinstitutions from using DEI in their hiring and promotion, doesn’t fix a hiring problem; it manufactures a culture war. betakit.com/albertas-plan-to…

.@GetKoho’s Daniel Eberhard (@DanEbs) on unicorns, leadership, and what not to build nitter.cf/i/broadcasts/2lgkagkVr…

Closer ties with the EU means Canada will join Europe's supercomputer program and collaborate on a climate modelling initiative, @EvanLSolomon said. #CDNtech #CDNpoli betakit.com/canada-to-join-e…

Bloomsco announced yesterday a $1-million pre-seed equity round from @bdc_ca’s Seed Venture Fund and Montréal-based Telegraph Ventures. betakit.com/bloomsco-raises-…

.@coveo made the announcement as it reported increased revenue and improved net loss in Q2. Its stock, $CVO, saw a 1.5% bump after its earnings report, but is still trading well below where it was at this time last year. betakit.com/coveo-buys-y-com…

Rising AI costs signal evolution, not failure. In a BetaKit Briefing, @float_financial CEO @rkhazzam shared why Canadian leaders must see AI spending as a long-term investment in human capital. Register to watch the briefing: luma.com/betakit-g00j betakit.com/floats-rob-khazz…

AI minister @EvanLSolomon says forthcoming $500-million tech fund will consider equity stakes. betakit.com/cohere-deal-wont…

Technology is a significant talking point in Canada's new 13-page national security strategy, which looks to sketch out a path to “true sovereignty.” betakit.com/canadas-new-nati…

Ottawa-based satellite operator @Telesat reported a Q3 net loss of $157 million as it stares down an upcoming debt payment deadline. betakit.com/telesat-posts-q3…

Prime Minister @MarkJCarney said Canada is investing $1.6 billion in Toronto frontier AI developer @cohere as the "Canadian success story" targets a nearly $36 billion valuation in a new round of financing. betakit.com/canada-to-invest…

The founders behind Wysdom are back with Bot Food (@feed_thebots), a new startup that aims to give people more control over how much they share with powerful AI systems. betakit.com/bot-food-secures…

Ottawa-based @SolinkCorp has raised more than $100 million USD to establish itself as a leader in what CEO Michael Matta sees as a $1 trillion market. betakit.com/solink-raises-mo…

Wednesday’s BetaKit Newsletter dove into the Canadian lawsuits @AnthropicAI is eyeing as risks ahead of its targeted $1.5-trillion IPO. Plus: 🏦@RBC blocks AI agents 📸@YouTube advocates for Canadian influencers 🐦‍🔥@mozilla makes a meme bet. betakit.com/anthropic-ipo-fi…

Who’s going to build Alberta’s data centre boom? @ICTC_CTIC says that even under less aggressive scenarios, the province could be short hundreds or (more likely) thousands of skilled workers. betakit.com/alberta-data-cen…