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OpenAI Shuts Down Video App Sora as AI Giant Struggles to Find Profitable Path
OpenAI discontinues Sora video app and scales back other features as the AI giant faces mounting competition and...
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Technology
Toronto Startup Padder Raises $25M to Help Non-Traditional Renters Secure Housing
Toronto-based Padder has raised $25 million to expand its platform helping gig workers, newcomers, and other...
Technology
OpenAI Pulls Plug on Sora Video App Amid Deepfake Concerns
OpenAI has discontinued its Sora video generation application following mounting pressure from regulators and safety...
Technology
Toronto AI Startup General Magic Raises $72M USD to Revolutionize Insurance Customer Service
Toronto AI startup General Magic has raised $72 million USD to expand its artificial intelligence platform that...
Technology
OpenAI Shuts Down Sora Video Generator as Company Faces Profitability Crisis
OpenAI has shut down its Sora video generation platform amid a profitability crisis, as the AI company faces mounting...
USA
Montreal Tech Pioneer Yanik Guillemette Releases Major AI Business Impact Study for North American Market
Montreal technology entrepreneur Yanik Guillemette has released a comprehensive study analyzing AI adoption across...
Technology
Canadian Tech Investors Brace for AI-Driven Software Industry Shakeup
Canadian VCs worry AI could disrupt traditional software business models as artificial intelligence makes it easier for...
Alberta
Alberta Smart to Require AI Data Centres Bring Own Power Supply, Expert Says
Alberta requires AI data centres to bring their own power supply, protecting the electrical grid while attracting tech...
Technology
BetaKit Appoints Media Veteran Jacqueline Loch as General Manager to Drive Growth
BetaKit appoints media veteran Jacqueline Loch as General Manager to drive growth and partnerships at Canada's leading...
Technology
Canadian Defence Tech CEO Warns Nation Going Soft on Sovereignty Definition
Hamilton defence tech CEO warns Canada is being "wishy-washy" about sovereignty, saying the country wrongly labels...
Technology
Wealthsimple Gains Approval for Prediction Markets Trading in Canada
Wealthsimple receives regulatory approval to offer prediction markets in Canada, expanding beyond traditional investing...
Technology
Vancouver AgTech Firm Miraterra Secures $16 Million to Revolutionize Soil Analysis Technology
Vancouver's Miraterra raises $16M to expand its comprehensive soil analysis platform that combines satellite imaging...
Local
CFB Suffield to See Major Activity Boost as Canadian Army Expands Training Operations
CFB Suffield will see major expansion this summer as Canadian Army boosts training operations and technology testing at...
Technology
Meta and YouTube Face Historic Liability Ruling in Social Media Addiction Case
A US jury has found Meta and YouTube liable in the first social media addiction lawsuit, holding platforms responsible...
Technology
Opendoor Eyes Toronto as Major Canadian Hub Despite No Local Market Plans
Opendoor plans to hire up to 100 Canadian workers for its Toronto hub while praising the city's talent pool, despite no...