A|I: The AI Times – Why Nvidia’s CEO handpicked this U of T professor
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. Meet Nvidia’s Canadian secret weapon [Sanja Fidler is] a brilliant University of Toronto professor and an international star in […]
Shopify posts revenue beat and surprise loss in Q1
Canadian e-commerce software giant Shopify surpassed analyst revenue estimates but also posted an expected net loss in its first-quarter earnings. Shopify reported $1.9 billion USD in revenue for 23 percent year-over-year growth during Q1 2024, or 29 percent after adjusting for the sale of its logistics business last year. This amount exceeded the average analyst […]
WATCH: Shopify’s Tobi Lütke fireside and AMA with Satish Kanwar
The BetaKit Town Hall convened Canadian founders and leaders to assess the current state of the nation’s tech sector, and Shopify CEO Tobi Lütke leaned into the theme of “tough love.” “A highly competitive, world-beating, world-class, product-creating, exporting startup culture is built one step at a time. It’s the end result of many, many compounding […]
Shopify CEO says Canada must overcome “go-for-bronze” culture at BetaKit Town Hall
Tobias Lütke wants Canadians to aim higher. Addressing a crowd of 500 members of Canada’s technology ecosystem during the BetaKit Town Hall on Tuesday night the CEO of Canadian ecommerce giant Shopify said the country suffers from a “go-for-bronze” culture that is often lacking in courage and ambition. “It’s literally the same story again and […]
Propel unveils latest Atlantic Canada cohort, ventureLAB opens applications for semiconductor incubator
Atlantic Canada accelerator Propel has unveiled the startups participating in its latest cohort, while Markham, Ont.-based ventureLAB has opened applications for its semiconductor-focused incubator, the Hardware Catalyst Initiative (HCI). Propel touts a continuous intake mode, which allows applicants to join its accelerator 12 months of the year, rather than waiting six to 12 months for […]
Hard Knocks: The lawyer behind some of Canada’s biggest (and quietest) deals
PRESENTED BY This is the second feature in our Hard Knocks series, presented by Mantle, which shares insights, war stories, and lessons learned from key players behind the scenes in Canadian tech: the ecosystem builder, the advisor, the investor, and the founder. Not many people have behind the scenes access to Canada’s biggest tech exits and funding […]
Wealthsimple enters mortgage space through Pine partnership
Wealthsimple has officially launched into the mortgage space through a new partnership with Toronto-based digital mortgage startup Pine. Wealthsimple has introduced a new co-branded mortgage product that uses Pine’s digital application platform. This service includes support from Pine’s advisory team throughout the application process. According to the companies, users can receive a pre-approval rate in […]
Xatoms is planning a quantum leap to clean the world’s water
It was on a backpacking trip to India at the age of 14 that Diana Virgovicova got her first glance at the human cost of water pollution. Rivers play a vital role in the natural ecosystem and the livelihoods of millions in India, but in the suburbs of Mumbai, Virgovicova observed that these critical waterways […]
S|W: The SaaS Weekly – Is Bill Gates still the real brains behind Microsoft?
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! Bill Gates never left Publicly, Gates has been almost entirely out of the picture at Microsoft since 2021, following […]
The Growcer raises $3 million Series A backed by former Farm Boy Co-CEO Jeff York
Ottawa-based The Growcer has raised $3 million in Series A funding to expand the market reach of its modular vertical farms. Growcer said it has over 80 farms across the country growing more than 10 million servings of leafy greens annually. The round was led by building-services provider Modern Niagara, cleantech investor Jeff Westeinde, and […]