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OpenAI raises USD $122 billion in record AI funding
Software-as-a-Service

OpenAI raises USD $122 billion in record AI funding

Investor appetite for AI remains intense as OpenAI's new cash haul lifts its valuation to USD $852 billion and deepens its compute push.

By Mark Tarre • 4 min read • Last month
Spade raises USD $40 million to boost payments data
Fintech

Spade raises USD $40 million to boost payments data

Banks and fintechs are increasingly using payments data for fraud checks and rewards as Spade expands its merchant-matching platform with fresh funding.

By Karen Joy Bacudo • 4 min read • Thu, 26th Mar 2026
LemFi gains Bank of Canada oversight under new RPAA
Fintech

LemFi gains Bank of Canada oversight under new RPAA

LemFi gains Bank of Canada oversight under the new Retail Payment Activities Act, bolstering trust in its cross-border remittance services.

By Karen Joy Bacudo • 3 min read • Thu, 12th Mar 2026
MariaDB to acquire GridGain to power low-latency AI
Hybrid Cloud

MariaDB to acquire GridGain to power low-latency AI

MariaDB moves to buy in-memory specialist GridGain in a bid to deliver sub-millisecond latency for agentic AI and real-time workloads.

By Sofiah Nichole Salivio • 4 min read • Sat, 7th Mar 2026
Multiverse unveils CompactifAI for offline mobile AI
Data Protection

Multiverse unveils CompactifAI for offline mobile AI

Multiverse launches CompactifAI, a quantum-inspired app that runs compressed AI models offline on mobiles, targeting strict data regimes.

By Sofiah Nichole Salivio • 4 min read • Thu, 5th Mar 2026
Firgun backs Photonic from its $250m fund
Semiconductors

Firgun backs Photonic from its $250m fund

Firgun's debut quantum fund deal backs Canada's Photonic from its $250m pot, deepening cross-border UK-North America ties.

By Catherine Knowles • 4 min read • Sun, 15th Feb 2026

Stories from Other Regions

Bank of Canada stories

Visa expands AI payments testing to Canadian issuers
Data Protection

Visa expands AI payments testing to Canadian issuers

Canadian banks will test how AI agents can initiate card payments as Visa prepares issuers for new controls over consent, fraud and liability.

By Karen Joy Bacudo • 4 min read • Last week
Tetra launches Canada's first regulated CADD stablecoin
Crypto

Tetra launches Canada's first regulated CADD stablecoin

Canadian banks and fintechs now have a regulated on-chain settlement option as CADD enters a market long dominated by US-dollar stablecoins.

By Karen Joy Bacudo • 4 min read • Last week
Canada tech funding hits USD $1.5bn as Waabi soars
Cartech

Canada tech funding hits USD $1.5bn as Waabi soars

Fewer Canadian startups attracted funding as late-stage deals swelled, with one USD $750 million Waabi round driving the quarter's total.

By Karen Joy Bacudo • 4 min read • Last week
Traditional banks, telcos among Canada's top valued brands
Unified Communications

Traditional banks, telcos among Canada's top valued brands

Growth has spread beyond banking in Canada, with telecoms, utilities and retailers helping lift the country’s top brand values 16 per cent.

By Jake MacAndrew • 3 min read • Last month
RBC partners with Hopper to update Avion Rewards Travel
Digital Transformation

RBC partners with Hopper to update Avion Rewards Travel

Avion Rewards members will soon get a new booking portal with flexible point redemptions and pricing tools as RBC shifts travel tech to Hopper.

By Karen Joy Bacudo • 4 min read • Last month
Deloitte Canada, Stablecorp back QCAD stablecoin push
Crypto

Deloitte Canada, Stablecorp back QCAD stablecoin push

Banks could cut settlement delays and treasury friction as Deloitte Canada and Stablecorp prepare QCAD stablecoin rails for regulated use.

By Karen Joy Bacudo • 4 min read • Sat, 28th Mar 2026
Experts: CAD token market growth hinges on clear rules
Crypto

Experts: CAD token market growth hinges on clear rules

Canada's tokenised markets hinge on OSC engagement, institutional uptake and hybrid blockchain rails, speakers told a Toronto summit.

By Jake MacAndrew • 4 min read • Thu, 12th Mar 2026
Canadian small business sales see sharp 2025 slump
Data Analytics

Canadian small business sales see sharp 2025 slump

Canadian small business sales sank 4.1% in late 2025, the sharpest quarterly slump since 2020, as uncertainty and supply shocks hit demand.

By Karen Joy Bacudo • 3 min read • Wed, 4th Mar 2026
Quantum finance paper hits 1,000 citations milestone
Hyperscale

Quantum finance paper hits 1,000 citations milestone

Multiverse Computing's quantum finance paper passes 1,000 citations, cementing its software-led approach as a rare standout beyond hardware.

By Karen Joy Bacudo • 4 min read • Thu, 5th Feb 2026
Canada's extra cautious stablecoin path risks Web3 departure
Crypto

Canada's extra cautious stablecoin path risks Web3 departure

Experts say the Stablecoin Act may be the right chance for Canada to catch up in the evolution of Web3 infrastructure.

By Jake MacAndrew • 5 min read • Wed, 4th Feb 2026
BDO Canada buys GrantMatch to boost grants advisory
Software-as-a-Service

BDO Canada buys GrantMatch to boost grants advisory

BDO Canada acquires GrantMatch, adding grants specialists and a funding-tracking platform to expand its Credits & Incentives services.

By Sofiah Nichole Salivio • 4 min read • Tue, 27th Jan 2026
Canada's AI push hinges on data centres & clean power
Smart Cities

Canada's AI push hinges on data centres & clean power

Canada must treat data centres as core infrastructure in 2026 to turn AI strategy into secure, low‑carbon growth for communities.

By Marc Mondesir • 7 min read • Sat, 24th Jan 2026