News
Ottawa puts $8.5 million behind 40 Atlantic Canadian AI projects
4+ hour, 50+ min ago (291+ words) The federal government is looking to increase AI adoption and integration on Canada's East Coast by doling out $8.5 million to 40 projects." AI minister Evan Solomon announced the financial contributions at Halifax-based innovation hub Volta Labs on Tuesday morning. The funding…...
Québec government invests $36 million to sustain Mila’s AI research
4+ day, 6+ hour ago (202+ words) The Qu'bec government is injecting $36 million CAD in fresh funding into Montr'al-based AI research institute Mila as it aims to maintain the province's reputation as a leader in AI research." "In a highly competitive global environment, we must make strategic…...
Québec has a new digital sovereignty plan. Will it work?
1+ week, 5+ day ago (505+ words) The Qu'bec government has an ambitious new plan to take control of the province's digital sovereignty. But Qu'bec's track record for modernizing its tech has sent mixed signals to the industry and left taxpayers with a hefty bill." "The elephant…...
We read every submission from Canada’s AI task force: here’s what they said
3+ week, 4+ day ago (505+ words) Earlier this week, Canada's innovation ministry shared the results from the 30-day national consultation it held late last year to inform the country's upcoming AI strategy. The consultation included feedback from 28 members of Canada's AI task force, appointed by AI…...
Ontario Premier Doug Ford officially cancels province’s contract with SpaceX’s Starlink
7+ mon, 4+ day ago (293+ words) Ontario has officially cancelled its $100-million contract with Elon Musk-owned satellite internet company Starlink, following through on Premier Doug Ford's threat when the United States (US) proposed tariffs on Canadian goods back in February." "Our government has cancelled the Starlink…...
Google allocates $13 million in funding to strengthen Canada’s AI workforce
9+ mon, 5+ hour ago (872+ words) Google has created a new fund to expand artificial intelligence (AI) skills development and training programs across Canada as it invests heavily in the technology. Google Canada vice president and managing director Sabrina Geremia said in an interview with BetaKit…...
Québec Tech highlights hardtech in latest scaleup cohort with international ambitions
10+ mon, 3+ day ago (498+ words) Stage V is part of the non-profit Qu'bec Tech's mission to export Qu'bec innovation to the international market by creating more "hyper-growth scaleups." The organization, formerly known as Startup ... Five new companies with "hyperscale growth" potential have been selected for…...
Lightspeed to expand and revamp sales team as part of revised go-to-market effort
11+ mon, 1+ week ago (642+ words) Just in the last 12 months, the growth engines generated approximately $630 million in revenue, even in just our near term focus areas, we are looking at a [total addressable market] more than 30 ... At its Capital Markets Day investor presentation today, executives…...
Lightspeed scales back fiscal 2025 revenue outlook as “several macroeconomic conditions have deteriorated”
11+ mon, 1+ week ago (567+ words) Lightspeed saw same-store sales and business formation decline as the trade war heated up in February and March. Montr'al-based Lightspeed Commerce has pulled back its revenue outlook for its 2025 fiscal year, which ends on March 31, as its same-store sales and…...