An update from me on Canada's Real-Time Rail system. After repeated delays, phase 1 is scheduled to go live this year. But Canada’s biggest banks, which settle the majority of payments, likely won’t be participating in this first phase, sources say.
betakit.com/canadas-init...
In the Wednesday edition of The BetaKit Newsletter, @madisonmcla.bsky.social dissects what Québec's provincial election means for its tech sector.
Plus:
🍁Bye-bye Buy Canadian?
💰Big tech takes on big debt
🛍️Shopify recognized as top employer
For the first time, scientists recorded bacteria in the act of transferring functional proteins to neighboring bacteria in order to evade antibiotics.
Wow. This is a major scoop from Mark Follman. Great reporting and a troubling story about AI that everyone should read.
Canada’s AI collaboration with Germany was on full display at ALL IN. For The BetaKit Newsletter, @madisonmcla.bsky.social sums up everything you missed from the conference. Plus: 💳 Wise launches Canadian chequing 🚀 Inside Canada Rocket Company 💰 Amplify Capital closes third impact fund
They also partnered with @mozilla.org on open-source AI development! betakit.com/mila-and-moz...
MTL's Mila is in talks with the feds for "tens of millions" in new funding, now that they've been tapped for the open-source AI file from the feds' AI strategy.
[email protected] said the government is planning “not just a regulator that can name and shame, but that can hold these big tech companies to account if they are abusive, with billions of dollars in fines.”
A quantum computing facility. A direct air carbon capture project. Micro nuclear reactors. And a whole whack of AI data centres.
Here are some of the tech-related projects included in a pitchbook for investors at next week's Canada Investment Summit in Toronto.
Rumpelstiltskin returns
Canada is talking a big game on sovereignty. Why aren't we walking that talk in the digital realm? www.thestar.com/opinion/cont... via @jamespmcleod.ca
