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Madison McLauchlan
Verified
Freelance Content Writer, Postmedia Network Inc.
Montreal
Beats
Biography
Reporting Intern at the Investigative Journalism Foundation. Freelance journalist with work in BetaKit, Maisonneuve and This Magazine.
Content
By Madison McLauchlan Verified, Madison Mclauchlan| BetaKit Verified Cohere has released a new embedding model that it says offers superior search and retrieval functions for AI agents. Seventy-two percent of early AI adopters expect autonomous agents to take over some tasks from their employees by the end of 2025. Embedding models turn complex information, such as text or images, into vectors or numbers that AI models can process. In other words, they encode meaning for large language models (LLMs).
By Madison McLauchlan Verified, Madison Mclauchlan| BetaKit Verified Toronto-based Xaba has secured $6 million USD ($8 million CAD) to improve the capabilities of industrial manufacturing robots with its custom reinforcement learning programming system. The all-equity, all-primary financing was led by Hitachi Ventures with participation from Hazelview Ventures, the Crown corporation BDC Capital, Exposition Ventures, and Impact Venture Capital. The seed extension, which closed at the end of last year, brings Xaba’s total funds raised to $8 million USD.
Puzzle Medical raises $43 million to pursue clinical trial of less-invasive device for patients with heart failure
By Madison McLauchlan Verified, Madison Mclauchlan| BetaKit Verified Montréal-based medtech startup Puzzle Medical Devices has raised $43 million in a second Series A round to complete a clinical study of its heart pump for patients experiencing heart failure. The all-equity round, which closed in March, was co-led by existing investor Desjardins Capital and newcomer KF Matheson, the family office of former Liberal leadership candidate Frank Baylis, executive chairman of Baylis Medical, and Kris Shah, Baylis Medical president.
Company Info
Postmedia Network Inc.
The National Post is a Canadian English-language broadsheet newspaper, launched on October 27, 1998, by media magnate Conrad Black. It serves as the flagship publication of Postmedia Network and was created to compete with The Globe and Mail while promoting conservative editorial perspectives. The newspaper features an award-winning magazine-style layout designed by Lucie Lacava. The National Post publishes a print edition from Monday to Saturday, with a digital-only edition on Mondays. It is distributed mainly in Ontario, Quebec, Alberta, and British Columbia, with weekend editions reaching Manitoba and Saskatchewan. The newspaper includes various sections such as the Financial Post, which covers business and market news, as well as opinion pieces, culture, sports, and politics. It targets a general readership of middle-to-upper-income Canadians, professionals, and those interested in conservative commentary.
Toronto, Canada
+1 416-383-2300
Founded: 1998