Photonic co-founder Stephanie Simmons holding a chip in her raised hand. She is smiling and appears to be in some kind of workshop.
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Quantum startup Photonic raises $137 million CAD, strikes strategic partnership with Microsoft

Photonic has an “audacious” five-year plan to build a fault-tolerant quantum computing platform. Quantum startup Photonic has raised a $137-million CAD ($100 million USD)…

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"Godfather of deep learning" Geoffrey Hinton quits Google to warn against dangers of AI
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A|I: The AI Times – Google & Nvidia are betting on this Canadian startup to boost ML model performance

Plus: Hinton and Bengio among leaders signing new AI policy letter. The AI Times is a weekly newsletter covering the biggest AI, machine learning,…

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Stuart Lombard, Ecobee founding CEO and president, announces retirement
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Ecobee’s Stuart Lombard retires, AI “godfathers” sign new policy letter

Plus: Wealthsimple’s CCO says a “lack of political will” harming FinTech innovation. Welcome to BetaKit’s startup stories of the week! Here, you will find…

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BenchSci, Inovia, Ada among #CDNtech orgs pledging to fight workplace hate in wake of Israel-Hamas war
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BenchSci, Inovia, Ada among #CDNtech orgs pledging to fight workplace hate in wake of Israel-Hamas war

The pledge holds signatories to four commitments aimed at fostering safe and inclusive workplaces. A coalition of Canadian tech companies and investors has pledged…

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Clearco secures new equity financing from existing investors and asset-backed facility as struggling FinTech executes complex recapitalization plan
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Clearco secures new equity financing from existing investors and asset-backed facility as struggling FinTech executes complex recapitalization plan

Inovia, Founders Circle double down on Clearco with debt buyback from SVB, $60-million USD Series D. Toronto-based FinTech startup Clearco has completed a series…

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Deep Genomics adds life sciences veteran as CEO to support its evolution into biopharma firm
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H|T: The Healthtech Times – Deep Genomics adds life sciences veteran, Papa loses major contracts

Plus: Digital health, health IT funding slumped in Q2, but some bright spots remain. The Healthtech Times is a weekly newsletter covering healthtech news…

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R|T: The Retail Times – Amazon is trying to control inventory deeper in the supply chain
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R|T: The Retail Times – Amazon is trying to control inventory deeper in the supply chain

Plus: Attabotics settles patent litigation with Urbx. The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe….

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Academics, CEOs push for AI regulation, as Canadian companies race to adopt the technology
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A|I: The AI Times – The benefits of Canada’s AI investment are leaving the country

The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the globe. If you…

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S|W: The SaaS Weekly – Salesforce begins restoring headcount after slashing 10 percent of staff
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S|W: The SaaS Weekly – Salesforce begins restoring headcount after slashing 10 percent of staff

Plus: Plurilock finds gains in selling safety, Databricks raises $500M. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and…

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LayerZero Labs
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F|T: The FinTech Times – LayerZero in FTX fight, Binance US CEO departs alongside staff cuts

Plus: Revolut has yet to make a US banking license application. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news…

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