Tech in Toronto
Toronto, Ontario is known for Fintech, AI (Vector), enterprise, health. Here’s what’s happening in its tech and startup scene this month, and where to plug in.
- Stories · 30d
- 12
- Province
- Ontario
- Coordinates
- 43.65°N 79.38°W
Latest Toronto tech news
- 01SoftwareHow Venn helped Dominion Dynamics scale its finance operationsThe Toronto FinTech gives Canadian startups more control over spending and less paperwork as they grow.
- 02AIToronto AI company Zafin makes first major acquisition since private equity takeoverAI vendor to banks pays more than $100-million for Silicon Valley-based Naehas, two years after its own takeover by Nordic Capital
- 03AI1Password tops $500-million USD ARR on the back of accelerating AI demandDevelopers using 1Password to deploy agents have helped the Toronto tech firm expedite its growth.
- 04SoftwareToronto’s mayoral race points to prediction market loopholesPlus: Shopify CTO Mikhail Parakhin to leave after two years.
- 05HardwareNvidia challenger Tenstorrent raises $1.5-billion, valuing Toronto-founded company at $6.2-billionAI semiconductor maker reportedly rebuffed buyout attempts by Intel and Qualcomm earlier this year
- 06SoftwareSelf-driving taxi company Waymo to launch in Toronto, plans to begin service in 2028California-based Alphabet subsidiary approved to participate in Ontario’s autonomous vehicle pilot program
- 07SoftwarePro Tips: Hiring for growth
- 08SoftwareHow Toronto’s next mayor can shape the futureFix housing, fix procurement, fix the vibes. Toronto goes to the polls on October 26.
- 09SoftwareHow patients are transforming multiple sclerosis careHistorically, people living with MS have had little agency in how they were diagnosed and treated. But new research and input from members of the community are helping neurologists reassess how they approach the disease.
- 10SoftwareBuilding biotech: How to solve the people problem in the country’s life sciences ecosystemThe Building Biotech series explores how this country can become a global player in life sciences by streamlining the entrepreneurial path to commercialization. Canada’s biotech sector continues to produce promising therapies, medical technologies and…
- 11SoftwareMaRS Monthly | October 2026
- 12SoftwareSolve for X – S4E10 | Are we ready for the growing demand for power?
Did you know?
The T
A co-author of the Transformer paper runs a Toronto AI company
Aidan Gomez co-wrote “Attention Is All You Need”, the 2017 paper behind the T in GPT. In 2019 he co-founded Cohere in Toronto with fellow U of T alumni Nick Frosst and Ivan Zhang.
Source: Wikipedia: Cohere ↗Nobel
The “godfather of AI” did his prize-winning work at U of T
Geoffrey Hinton, at the University of Toronto since 1987, shared the 2024 Nobel Prize in Physics for foundational work on neural networks. He'd already won computing's Turing Award in 2018.
Source: University of Toronto ↗Other hubs: Vancouver · Victoria · Calgary · Edmonton · Saskatoon · Winnipeg · Waterloo · Ottawa · Montréal · Québec City · Fredericton · Halifax · St. John’s