Sierra Space raises $290M at a $5.3B valuation
Sierra Space has raised $290 million in a Series B round to scale its Dream Chaser spaceplane and commercial space station projects, bringing its valuation to $5.3 billion. The company has now raised $1.7 billion to date, a record-setting figure for investment for a commercial space company, Sierra said in
Read moreWhy Solana, Polygon and Aptos expect the enterprise to drive mass adoption
As large enterprises enter the crypto space, there’s potential for “not only millions of users, but billions of users using web3 without even realizing it.”
Read moreThe ultimate guide to AI recruitment tools
Recruiting the right talent has always been a challenging endeavor, and in today’s job market—where the skills candidates need to succeed on the job are quickly changing and evolving—these challenges are even more pronounced. Companies must find innovative solutions to streamline their recruitment processes, identify the right candidates efficiently, and
Read moreTechCrunch+ Roundup: Slashing SaaS costs, FedNow’s ‘game changer,’ diverse cap tables
Software is a company’s third-largest expense, but because it’s spread across multiple departments, it’s the CFO’s responsibility to find places to cut.
Read moreAmazon invests $4 billion in Anthropic as AI race heats up
Amazon is the latest to join the raging tech battle that has seen the likes of OpenAI, Google, Microsoft and Nvidia splurge billions on AI. It announced yesterday that it is investing up to US$4 billion in Anthropic, which created a rival to OpenAI’s ChatGPT called Claude. Under the agreement,
Read moreExperts urge changes to proposed Canadian privacy, AI laws before today’s hearing
In advance of the start of committee hearings on proposed Canadian privacy and artificial intelligence legislation today, 45 groups, experts, and academics released an open letter to Innovation Minister François-Philippe Champagne calling on major changes. Champagne and department officials are scheduled to testify before the House of Commons Industry and
Read moreData on 3.4 million mothers, children stolen from Ontario registry
Data on 3.4 million Ontario mothers, newborns, and children collected over the past 10 years has been stolen from the MOVEit file transfer server of a provincially-funded birthing registry, the latest organization to admit it was victimized by a zero-day vulnerability in the tool. The Better Outcomes Registry & Network
Read moreCoffee Briefing Sept. 26 – Cybercrime on the rise in Canada; CGI selected by Scotiabank to deploy enterprise payments platform; IBM aims to train two million learners in AI by 2026; and more
Coffee Briefings are timely deliveries of the latest ITWC headlines, interviews, and podcasts. Today’s Coffee Briefing is delivered by IT World Canada’s editorial team! Missed last week’s Coffee Briefing? We’ve got you covered. Cybercrime on the rise in Canada, small businesses vulnerable Gearing up for Cybersecurity Awareness Month 2023, a
Read moreKolena, a startup building tools to test AI models, raises $15M
Kolena, a startup building tools to test, benchmark and validate the performance of AI models, today announced that it raised $15 million in a funding round led by Lobby Capital with participation from SignalFire and Bloomberg Beta. The new cash brings Kolena’s total raised to $21 million, and will be
Read moreByju’s to cut as many as 5,000 more jobs amid business restructuring
Byju’s plans to cut as many as 5,000 jobs in the coming weeks, a person familiar with the matter said, as the Indian edtech giant looks to pare down costs amid a broad restructuring of its business. The Bengaluru-headquartered startup, which recently appointed a new head for its India business,
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