Murad Hemmadi @ TTW

New from me: AI researchers in Edmonton are dreaming different dreams these days DeepMind Alberta's closure in early 2023 was covered as a blow to the area's AI ambitions. Two years later its AI ecosystem is thriving, with startups, breakthroughs and more thelogic.co/news/the-big-r…

@nickfrosst I’d have argued for Dineen too, but that’s more Toronto Finance Week

@muradhem im very sorry

welcome to Toronto tech week. you will now be sorted into 1 of 4 houses.

Hey! Today is my first day as Alberta correspondent for @the_logic. I'm still based in Calgary and still covering energy, especially pipelines and the majors, but also tech, data centres and the AI energy race. The Logic punches above its weight for business/tech coverage in Toronto & Ottawa. We're growing in Alberta too — and maybe bringing more Alberta to our Laurentian friends? Drop me a line. Introduce yourself. Story ideas, tips and regional grievances welcome meghan.potkins@thelogic.co

New from me: German vice-chancellor Lars Klingbeil doesn't want AI's future "being determined exclusively by people like Elon Musk or Peter Thiel." Canada and Europe must cooperate on AI, and together create a major market for innovative firms, he said. thelogic.co/briefing/europ…

Scoop: Canada is providing Ford with $464.5 million in financing to overhaul its Oakville plant to make gas- and diesel-powered F-Series Super Duty trucks The award replaces an earlier deal to help convert the facility to EV production, which faltered thelogic.co/news/exclusive…

The Hub has changed its mind about government subsidies (while trying to maintain an accounting-based distance). mailchi.mp/thehub/test-cr…

whenever you tell someone at a party you’re a journalist and they clamor to clarify that they’re “off the record” it’s like. you just told me a story about your cat throwing up after eating funfetti cake batter. should we call the new york times? should we invite bella hadid ?

@ddebow I always think of this one, which has photonic undertones youtube.com/watch?v=aUkR8Y…

good tune for today en.wikipedia.org/wiki/Xanadu_(R…

New from me: AI Minister Evan Solomon had said Canada's new national AI strategy would come in the first quarter. It hasn't. The policy is "ready to go," with room for updates, he said today, attributing delays to world events and parliamentary business. thelogic.co/briefing/new-a…

@JaneLytv Congratulations!

In professional news, I'm happy to say I've joined NBC News as a senior technology reporter. I will cover how tech and conflict intersect and the impact of tech on the biggest stories of the day. I'm newly based in New York. Email: jane.lytvynenko@nbcuni.com Signal: janelytv.74

New from me: Canadian software firm Thentia has been put up for sale after entering creditor protection. The search for a saviour comes as investors, lenders and executives fight in the courts over why the govtech startup faltered, and what to do next. thelogic.co/news/the-big-r…

@1vnzh Now you just need trucks or tanks for the trifecta

I'm excited to announce we're working with Saab to bring North onboard to Command the sky! saab.com/newsroom/press…

New from me: CPP Investments has invested in both Anthropic and Cohere, putting US$50 million into each of the AI firms' megarounds last year. The Canadian pension fund is the latest major investor to back competing modelmakers amid the AI boom. thelogic.co/briefing/cpp-i…

Tip @Techmeme

New from me: Y Combinator said it will resume investing in Canadian-incorporated firms, walking back a recent change after feedback from Canadian founders The reversal comes after @the_logic reported YC had dropped 🇨🇦 from its approved list of domiciles thelogic.co/news/y-combina…

New from me: Y Combinator is no longer investing in Canadian startups. The accelerator recently cut Canada from its list of countries where enrolled firms can be incorporated. They'll now need a new parent company in the U.S., Cayman Islands or Singapore. thelogic.co/news/exclusive…

@OPMWire @ddebow Increasing exemptions also costs the government in foregone tax revenue, at least in the short term, assuming the change has the intended effect of fostering more startups and exits that balance it out. So regardless of the intent and mechanism, that's money Ottawa has to find.

@ddebow not asking for money is a start, but The Logic highlighted your idea for a $25m cap gains exemption because "talent is leaving for greater economic upside elsewhere" 1) I doubt first-time founders even know the regime 2) California taxes cap gains at 37% combined marginal

Surprising

@markrmcqueen I understood the point.

@muradhem But that wasn't the point, of course. It was about the concept that gov't can pick winners.

I guess a headline reporting that "Ottawa advised to choose champions and spend big to build AI industry" sounds better than "Ottawa should pick winners and losers in the AI Industry."

New from me: If Canada wants to compete in the global AI race, it must overhaul the way it buys from and backs businesses, and focus its support on the most promising firms and applications, AI Strategy Task Force members told the federal government thelogic.co/news/ai-strate…