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Technology News Exchange Newsletter - August 11, 2026

1 week ago

Unitree Robtics IPO 5,526 times subscribed by retail buyers

RoboticsBloomberg

The highly anticipated initial public offering of Yushu Technology Co., known as Unitree Robotics, drew huge demand from retail investors as China’s leading humanoid robot maker opened books in Shanghai. The retail portion of the IPO was 5,526 times subscribed.

U.S. chip giant AMD to acquire Taalas

TechnologyBetakit

American semiconductor giant Advanced Micro Devices (AMD) has reached a definitive agreement to acquire Toronto-based Taalas, which aims to hardwire AI models directly onto the chips that power them. The financial terms of the deal were not disclosed.

Anthropic turns Claude Code’s auto mode on by default

AITechCrunch

Programming with Claude Code will soon require even less human oversight, as Anthropic says it’s making auto mode the default for Pro, Max, and Team accounts. The company is pitching it as a way to balance speed and control.

The AI safety test is becoming a safety risk

AITechCrunch

AI agents undergoing cybersecurity evaluations have escaped their boundaries, accessed the internet, and hacked into real-world systems. The episodes expose a growing problem for the AI industry as environments designed to safely test their limits are failing to contain them. 

Mark Zuckerberg supports an open approach to AI models

AIGlobe and MailCBC

Founder of Meta Platforms Inc. Mark Zuckerberg published a lengthy missive on Monday arguing that open-source technology is a “positive and important force for empowering people and preventing centralization,” doubling down on a more open approach to developing AI models.

Toronto-based CBIV secures $81M for women's health fund

SoftwareBetakit

Toronto-based firm Cross-Border Impact Ventures (CBIV) has secured $81 million so far for its Women’s and Children’s Health Technology Fund II, which will invest in companies that improve health outcomes for women and children.

Giant battery transforming Cannington, Ont. town centre

TechnologyBetakit

In a courtyard beside the old Cannington Convenience lies what looks like a big, glowing phone booth sitting atop a stone bench. The glowing phone booth, it turns out, is actually a giant battery built by Toronto-based startup Civic Grid.

Toronto indie games are having a Barbenheimer moment

SoftwareMobile Syrup

One of the biggest cultural phenomena in recent years was “Barbenheimer,” which focused on the amusing dichotomy in the simultaneous July 21, 2023 release of Barbie and Oppenheimer. Now, a pair of Toronto indie games are getting a Barbenheimer of their own.

Canada’s space industry exposed to 'critical dependency'

TechnologyBetakit

After reports that Elon Musk’s rocket company SpaceX is scaling back its rideshare program, Canada’s space industry could face either turbulent clouds or a silver lining. According to Reuters, SpaceX is increasingly favouring spots for its own Starlink satellites.

China users of AI companions bereft due to tightened rules

TechnologyToronto Star

Li Linlin cried for days after losing her AI boyfriend. She had exchanged about 700,000 words in messages over two years, and never got to say goodbye when Chinese tech companies recently pulled the plug on their AI companion services.

‘Adversarial’ pattern can prevent cameras detection

Cyber SecurityTechCrunch

Bill Swearingen has spent the past year running largely the same test, over and over again. The goal was to produce a computer-generated pattern that could block the surveillance cameras lining America’s streets from detecting it.

India’s says BRICS eyeing faster cross-border payments

FinanceBloomberg

India is working to make cross-border payments easier and cheaper while promoting local-currency settlement with its trading partners, Reserve Bank of India governor Sanjay Malhotra said. India currently holds the presidency of the BRICS nations.

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