Cohere announces $270 million Series C from Inovia, Nvidia, Oracle, Salesforce
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Founded by Alphabet alums, Canadian-led AI hardware startup Extropic secures over $14 million

Run by @BasedBeffJezos, Extropic’s backers include Tobias Lütke, Cohere co-founders. Canadian-led, United States-based Extropic has closed $14.1 million in seed funding to build “physics-based…

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Long-time VP and product leader Satish Kanwar departs Shopify
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Long-time VP and product leader Satish Kanwar departs Shopify

Kanwar steps down 10 years after Shopify’s Jet Cooper acquisition. Long-serving Shopify executive Satish Kanwar is leaving the company after 10 years. The Shopify…

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Mayor Tory’s departure, competing bids, and financial pressure on province and feds place Collision’s future in Canada in doubt
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Canadian startup news of the week (5/22/23)

Plus: Sam Altman says this Canadian city should be the next AI hub. Welcome to BetaKit’s startup stories of the week! Here, you will…

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“The revolution has launched”: OpenAI’s Sam Altman charts the promise and peril of AI at Toronto event
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“The revolution has launched”: OpenAI’s Sam Altman charts the promise and peril of AI at Toronto event

Sam Altman has become the world’s most powerful optimist. Sam Altman believes that artificial intelligence (AI) will build “a better world,” but there’s still…

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