Toronto stories - Page 2

Airwallex has secured USD $300 million in Series F funding, valuing the fintech firm at USD $6.2 billion and fuelling plans for global expansion.

Backbase launches AI-powered Banking Platform to boost banks' growth, automate tasks and improve efficiency amid legacy tech challenges globally.

Tata Consultancy Services has partnered with the Schneider Electric Marathon de Paris as its Official AI & Technology Partner for the next three years.

GoBolt has teamed up with Google Cloud to enhance its supply chain efficiency, boasting a 7,600% delivery surge since 2020 while ensuring sustainability.

SenSen Networks has reported AUD $1.3 million in operating cash flow for Q2, marking its third successive positive cash period despite a slight decline from last year's figures.

SenSen, the Australian AI firm focused on urban management, has appointed Leah Quintana as Head of Strategic Alliances to drive growth in North America.

Digital marketing agency Tug Sydney has been appointed by Suzanne Grae to enhance the retailer's SEO and paid media efforts across Australia.

Telehouse celebrates 35 years in data centre services, expanding from its 1989 New York launch to over 45 centres worldwide, including new sites in Thailand and Canada.

STACK Infrastructure has raised an additional USD $3 billion in green financing to advance sustainable development projects in the U.S., supporting eco-friendly expansion.

STACK Infrastructure secures USD $1.3 billion for global data centre expansion, emphasising green construction in key regions like Melbourne and Manassas.

Nvidia Technologies advances quantum computing with breakthroughs in science, finance, and educational realms, reshaping research strategies and propelling quantum era applications.

California tech giant NVIDIA launches NVIDIA Quantum Cloud, a pioneering cloud service aimed at expanding quantum computing research and development, launched with a keynote at GTC.

CIBC Innovation Banking funds global legal software firm Actionstep's acquisition of Soluno, marking a pivotal investment in digitalising legal firm workflows.

Tata Consultancy Services (TCS) ranks as the second most valuable IT brand with a steep 11.5% year-on-year growth, raising its worth to $19.2bn.

Calabrio acquires AI and virtual agent performance solutions firm, Wysdom, aimed at optimising their customer service with enhanced AI and machine learning.

Commvault has appointed cybersecurity expert Melissa Hathaway to chair its Cyber Resilience Council, advising on security trends and threats.

Artificial intelligence expertise has seen a global surge, with a 60% in hiring and 59% rise in organisations seeking such skills, according to a new report.

Glasgow social service agency partners with Simul8 to enhance its Employment Services program in preparation for Ontario's Employment Services Transformation.

xtype secures $10.8m in funding as demand for its agile software solutions in the ServiceNow market continues to surge.

Australian start-up, Lumi.Media, earns prestigious Cannes sustainability and innovation award for TV production tech.