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Among Anthropic PBC’s seven co-founders set to reap a multibillion-dollar windfall as it goes public is Canadian Christopher Olah, a machine learning researcher who got his start working for and then dropping out of the University of Toronto, alongside a couple of early stints at Environment Canada and an Ottawa tech company.
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Whitecap Resources Inc. is making more money than it plans to spend — and for now is happy to let the surplus build, rather than spend more on growth projects.
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The federal government says it will invest up to $1.6 billion in Canadian artificial intelligence startup Cohere Inc. as part of the company’s planned $7-billion fundraising round, which is the largest-ever private capital raise in Canada.
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Canada’s auditor general says the federal government’s primary financial intelligence unit is not effectively carrying out its duties to limit money laundering in the country.
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Meta Platforms Inc. pledged on Wednesday to consult news industry groups before finalizing new terms of service that have sparked a backlash among publishers concerned the tech company could use their content to train its artificial intelligence models.
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