AMD’s Q3 revenues hit $5.8B, up 4% as PC CPUs grow again

Advanced Micro Devices reported that revenue in its third quarter was $5.8 billion, up 4% from…

BDC Capital recommits to leading seed deals in startups across Canada with new $50-million fund

The Business Development Bank of Canada (BDC) has launched a new $50-million CAD Seed Venture Fund,…

Deloitte spinout Arteria AI closes $46-million CAD Series B to help banks turn documents into data

Toronto-based enterprise artificial intelligence (AI) startup Arteria AI, which helps some of the world’s largest banks…

LG NOVA broadens its Mission For the Future initiative

LG NOVA has announced the latest iteration of its Mission for the Future program, where it…

Google and Nvidia-backed CentML secures $37 million CAD to help companies deploy AI amid chip shortages

As companies race to adopt artificial intelligence (AI) amid chip shortages, Toronto-based CentML is developing a…

Microsoft’s AI strategy is paying off with solid cloud revenue growth

Microsoft had originally told investors that  AI wouldn’t deliver revenue gains until 2024 when new products…

Edge compute maker SIMA.ai hires former AWS exec as new CBO. Read our exclusive interview.

San Jose-based edge computing startup SiMa.ai has made waves recently with the release of Palette Edgematic,…

Web Summit loses Google, Meta, Intel, Siemens after founder’s Israel-Palestine post on X and apology

This week, major global tech brands including Google, Meta, Stripe, Intel, and Siemens have all decided…

Traffic management startup Miovision closes $36-million CAD, bringing latest round to $296 million

Traffic management startup Miovision has closed $36 million CAD for the second and final tranche of…

Amazon partners with Israeli startup UVeye on AI inspections of delivery vans

The companies say AVI saves time and improves safety, detecting issues like nails in tires and…