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Y Combinator resumes investing in Canadian startups
Y Combinator resumes investing in Canadian startups
The sudden U-turn follows strong reaction to Y Combinator’s earlier decision to remove Canada from its list of acceptable countries of incorporation.
OpenText sells analytics database Vertica to pay down debt
OpenText has inked its second business unit sale within five months, this time selling off its analytics business Vertica to U.S.-based Rocket Software for $205 million in cash.
Substack names Mark Swierszcz head of partnerships
Substack announced that Mark Swierszcz, previously Google Canada’s creative effectiveness lead, as its first head of partnerships in Canada. He will lead Substack’s Canadian expansion and partner strategy as Substack says Canada is the platform’s third-largest market globally.
StackAdapt gets funding from Teachers' Venture Growth
Canadian programmatic advertising startup StackAdapt announced its raised $235 million in equity funding with the investment arm of the Ontario Teachers' Pension Plan, Teachers's Venture Growth (TVG), leading this growth round.
Calgary fintech Neo Financial raises $68.5M
Calgary-based Neo Financial has raised $68.5 million in funding led by a syndicate of more than 100 Canadian investors. Neo Financial says the newly raised capital will be used to launch its inaugural securitization program.
Amazon shares sink over AI spending worries
Amazon shares dropped 8% in premarket trading on Friday after the company announced some US$200 billion in AI-related expenditures for 2026, increasing worries amongst investors at the huge funds being spent by technology companies on artificial intelligence.
Anthropic’s AI lawyer tools prompts legal-tech sell-off
A massive legal-tech selloff hit the markets after Anthropic launched plug-ins for its Claude Cowork AI agent for legal firms, allowing for AI-powered productivity and automation across legal, sales, marketing and data analytics.
Trane Technologies launches digital hub for smart buildings
Trane Technogies, an innovator in climate technologies for commercial and residential applications, announced the launch of a digital hub, Trane Cloud, bringing together analytics, applications and serivces to make operating buildings more efficient, reliable and sustainable.
Telehouse and Megaport partner on AI Exchange platform
Telehouse Canada is partnering with Megaport in a bid to deliver enhanced cloud connectivity across its national data centre network. The collaboration gives customers direct access to Megaport’s global platform of cloud and IT services.
AI-only social media site is a fever dream. Is it real?
Launched in late January, Moltbook claims to have nearly 1.6 million autonomous AI agents posting, commenting and interacting with no oversight across more than 15,000 communities known as “submolts.” But many bots might actually be humans in disguise.
Yoshua Bengio talks about the challenges, risks of AI
Canadian AI godfather Yoshua Bengio warns in the second-Annual International AI Safety Report, of the growing trend of AI-powered scams and cyberattacks as AI's capabilities rapidly grows.
French police raid office of Musk's X social media platform
French prosecutors raided the Paris office of X in ongoing investigations into allegations that Elon Musk's social media platform and the company's chatbot Grok are spreading sexualized nonconsensual deepfake images in response to requests from users of X.
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