It's Thursday, Oct. 29. Here are the top stories we're following today.
Meet the Canadian dropout set to reap a multibillion-dollar windfall from Anthropic's IPO
Among Anthropic PBC's seven co-founders set to reap a multibillion-dollar windfall as it goes public is Canadian Christopher Olah, a machine learning researcher who got his start working for and then dropping out of the University of Toronto, alongside a couple of early stints at Environment Canada and an Ottawa tech company.
Whitecap rides high oil prices, banks the cash
Whitecap Resources Inc. is making more money than it plans to spend — and for now is happy to let the surplus build, rather than spend more on growth projects.
Feds to invest up to $1.6 billion in Canadian AI company Cohere in its $7-billion fundraise
The federal government says it will invest up to $1.6 billion in Canadian artificial intelligence startup Cohere Inc. as part of the company's planned $7-billion fundraising round, which is the largest-ever private capital raise in Canada.
FINTRAC failing in duty to limit money laundering in Canada, says auditor general
Canada's auditor general says the federal government's primary financial intelligence unit is not effectively carrying out its duties to limit money laundering in the country.
Meta promises to consult publishers before confirming new terms of service after widespread backlash
Meta Platforms Inc. pledged on Wednesday to consult news industry groups before finalizing new terms of service that have sparked a backlash among publishers concerned the tech company could use their content to train its artificial intelligence models.
