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Source Archive

betakit.com

betakit.com
469 articles
2026-03-06
BetaKit related

Canada says Sam Altman agreed to take immediate steps to strengthen OpenAI's safety protocols around notifying police about potentially suspicious ChatGPT use

2026-03-05
BetaKit related

Canada says Sam Altman agreed to take immediate steps to strengthen OpenAI's safety protocols around notifying police about potentially suspicious ChatGPT use

Focus on steps regarding notifying police about potentially suspicious use of the company's ChatGPT chatbot

2026-02-27
BetaKit related

OpenAI says it will overhaul safety protocols and establish direct contact with Canadian police, after not alerting authorities about the Tumbler Ridge suspect

Following meetings with the governments of Canada and British Columbia this week, OpenAI says it is committed “to help prevent tragedies like this in the future.”

2026-02-26
BetaKit related

Montreal-based Stay22, which helps publishers and creators earn money from online sales, raised $122M from Summit Partners and reports $1B+ in 2025 transactions

Private equity firm Summit Partners is investing $122 million in Montreal's Stay22 Technologies Inc., a startup that offers technology …

2026-02-17
BetaKit related

Cohere releases Tiny Aya, a family of 3.35B-parameter open-weight models supporting 70+ languages for offline use, trained on a single cluster of 64 H100 GPUs

Enterprise AI company Cohere launched a new family of multilingual models on the sidelines of the ongoing India AI Summit.

2026-02-14
BetaKit related

February investor memo: Cohere hit ~$240M in ARR in 2025, above its $200M target, with QoQ growth of 50%+ and gross margins averaging around 70% throughout 2025

2026-02-11
BetaKit related

Shopify reports Q4 revenue up 31% YoY to $3.7B, vs. $3.59B est., net income down 43% YoY to $743M, and forecasts Q1 revenue growth above est; SHOP drops 10%+

Shopify (SHOP.TO), projected quarterly revenue above market estimates on Wednesday, as the e-commerce platform expects consumer spending …

2026-02-07
betakit.com main

YC adds Canada back to its accepted countries of incorporation list, saying the initial decision was due to its top Canadian companies reincorporating in the US

2026-02-06
betakit.com main

YC adds Canada back to its accepted countries of incorporation list, saying the initial decision was due to its top Canadian companies reincorporating in the US

2026-02-05
betakit.com main

YC adds Canada back to its accepted countries of incorporation list, saying the initial decision was due to its top Canadian companies reincorporating in the US

Famed accelerator had removed Canada from its deal terms, spurring Canadian tech backlash.  —  Y Combinator has once again revised …

2026-02-03
betakit.com main

OpenText is selling its analytics business Vertica to Rocket Software for $150M to reduce its outstanding debt, its second business unit sale within five months

2026-02-02
betakit.com main

OpenText is selling its analytics business Vertica to Rocket Software for $150M to reduce its outstanding debt, its second business unit sale within five months

OpenText has inked its second business unit sale within five months, this time selling off its analytics business Vertica …

2026-01-28
BetaKit related

Toronto-based self-driving truck startup Waabi raised a $750M Series C led by Khosla and G2 and partners with Uber, which can invest $250M based on performance

Waabi Innovation Inc., a Canadian startup that develops self-driving technology for trucks, has secured $1 billion in funding …

BetaKit related

Internal documents from 2025: Microsoft expects its annual water consumption to reach 28B liters by 2030, up from 7.9B liters in 2020 and 10.4B liters in 2024

Driven by the artificial intelligence frenzy, Microsoft is internally projecting that water use at its data centers will more than double …LinkedIn:Adam Satariano.Forums:r/technologyLinkedIn:Adam Sata...

2026-01-27
betakit.com main

Montreal-based Vention raised a $110M Series D to scale its physical AI platform into manufacturing plants worldwide, taking its total raised to ~$216M

BetaKit related

YC updated its website to remove Canada from its list of approved jurisdictions for incorporation, leaving the US, Cayman Islands, and Singapore as options

Silicon Valley's most famous accelerator now requires Canadian firms to incorporate in the U.S., Cayman Islands or Singapore in order for it to invest

2026-01-24
BetaKit related

Capital One agrees to acquire Brex, which specializes in tech to administer corporate credit cards, expenses, and rewards, for $5.15B in cash and stock

That's what you call going out with a whimper.Hugh Son /CNBC:Capital One is buying startup Brex for $5.15 billion in credit card firm's latest deal

BetaKit related

Source: Greenoaks, one of Brex's top investors, will return twice its investment after Capital One's Brex acquisition for $5.15B in a half-cash, half-stock deal

Brex's $5.15 billion agreement to sell to Capital One isn't the kind of exit employees or investors would have dreamed of four years ago …

2026-01-23
BetaKit related

Source: Greenoaks, one of Brex's top investors, will return twice its investment after Capital One's Brex acquisition for $5.15B in a half-cash, half-stock deal

Brex's $5.15 billion agreement to sell to Capital One isn't the kind of exit employees or investors would have dreamed of four years ago …

BetaKit related

Capital One agrees to acquire Brex, which specializes in tech to administer corporate credit cards, expenses, and rewards, for $5.15B in cash and stock

Deal would give credit-card issuer access to technology used by thousands of companies for corporate credit cards