Located in Toronto, Ontario, Cohere is a distinguished player in the software industry focusing on artificial intelligence and natural language processing. Founded by Aidan Gomez, Ivan Zhang, and Nick Frosst, Cohere provides a platform that delivers access to top-notch Natural Language Processing powered by large language models. This enables businesses to better understand their customers’ needs and to create engaging copy.
In the realm of quantum computing, big data, hardware, and software, Xanadu stands out. Founded in Toronto by Christian Weedbrook, Xanadu is dedicated to harnessing the potential of quantum mechanics for practical applications. Their goal is to make quantum capabilities accessible on-demand for complex computational tasks.
Peak Power was founded in Toronto by Benson Pei Sen Hu, Derek Lim Soo, Imran Noorani, and Matthew Sachs. This unique company operates both in Ontario and internationally, creating decarbonization solutions which reduce operational costs, emissions, and even allow customers to sell energy back to the grid. According to the company, their innovative software, Peak Synergy achieves this by optimizing battery energy storage systems, grid-interactive buildings, and electric vehicles.
In the rapidly expanding sphere of e-commerce, Carbon6 helps online entrepreneurs streamline operations and maximize profitability. Leveraging a software suite optimized for the Amazon marketplace, this Toronto-based company’s tools encompass business intelligence, inventory management, and advertising solutions. Carbon6 was co-founded by Beau Crabill, Justin Cobb, Kazi Ahmed, and Naseem Saloojee.
Ada, co-founded by David Hariri and Mike Murchison, offers a chatbot-based platform that enables businesses to automate customer experience. Powered by a machine learning engine, this Toronto-rooted software company offers services that help businesses reduce support volume and empower customers to find answers independently.