MaRS names BDC SVP Alison Nankivell as new CEO
Eight months after Yung Wu announced his retirement, the MaRS Discovery District has announced his replacement as CEO: BDC Capital senior vice president Alison Nankivell. Nankivell comes to MaRS after 10 years of service at BDC, most recently BDC Capital’s SVP of fund investments and global scaling, where she was responsible for commitments into both […]
Generative AI use in the workplace is growing unchecked, new Salesforce survey finds
A new report from Salesforce suggests that the increasing use of generative artificial intelligence (AI) in Canadian workplaces is mostly unsupervised. 64 percent of global respondents admitted to passing off AI-generated work as their own. The report is based on a double-blind online survey of over 14,000 full-time employees across 14 countries, including 1,020 in […]
A|I: The AI Times – Critics skewer Fed’s AI consultations, Cohere co-founder wants to keep it simple
The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the globe. If you want to read A|I before anyone else, make sure to subscribe using this form. Subscribe to BetaKit’s AI Times newsletter * indicates required Email Address * Durable raises $18 million CAD […]
Federal government punts NRC IRAP’s merger into the Canada Innovation Corporation to 2026-2027
The federal government has announced it will delay plans to fully implement the Canada Innovation Corporation (CIC) until after the next scheduled federal election. The delay to 2026 at the earliest was revealed in a statement released by the Department of Finance on Tuesday afternoon, which also announced the government will begin its review of […]
Intel swings for the fence with new AI-centric offerings
Last Thursday’s major product launch by Intel Corp. proved that the organization is clearly on an upswing, says Denis Gaudreault, the country manager for Intel Canada, adding that his hope is that in a couple of years, “people will write books on our turnaround.” The launch, he said in an interview with IT World Canada, […]
AlphV/BlackCat ransomware gang’s websites seized, FBI releases decrypter
U.S. authorities have confirmed the disruption of the AlphV/BlackCat ransomware gang, including the seizure of several of the group’s data leak and communications sites and the publication of a decrypter that victim organizations can use to get access back to scrambled data. The announcement comes after over a week of silence on the gang’s data […]
Ionomr Innovations raises $26.7 million CAD to boost green hydrogen sector
Vancouver and Rochester, NY-based electrochemical engineering startup Ionomr Innovations has closed a $26.7-million CAD ($20-million USD) Series A extension. The financing was led by returning investors NGIF Cleantech Ventures and Pallasite Ventures, and saw participation from Shell Ventures, Chevron Technology Ventures, Finindus, Samsung Ventures, SAIC Capital, N.V. Bekaert, and Asahi Kasei. According to a spokesperson […]
Coffee Briefing Dec. 19 – Toronto group warns of the impact of AI on the music industry; CGI and Google Cloud partner on sustainability; Rogers brings cellular coverage to Highway 16, BC; and more
Coffee Briefings are timely deliveries of the latest ITWC headlines, interviews, and podcasts. Today’s Coffee Briefing is delivered by IT World Canada’s editorial team! Missed last week’s Coffee Briefing? We’ve got you covered. This is the final Coffee Briefing of 2023. Have a safe and joyous holiday season! See you in 2024. Toronto group urges the […]
S|W: The SaaS Weekly – BlackBerry names new CEO, ditches spinout IPO plans
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using this form to ensure you don’t miss out on the most important SaaS news every week! Subscribe to BetaKit’s SaaS Weekly newsletter * indicates required Email Address * Vistara Growth secures $200-million CAD initial […]
Private open banking update: TD signs with Plaid, Xero signs with Flinks
Montréal-based, National Bank-owned FinTech firm Flinks has teamed up with New Zealand accounting software company Xero to give small businesses in Canada and the United States (US) access to direct, secure bank feeds. Both deals come as Canadians continue to wait for open banking, which the feds promised for Budget 2024. By partnering with Flinks, […]