The year will be ending on a high note for Canadian tech startups, which have received $1.1 billion in capital over the third quarter, more than twice the amount for the same period last year according to PricewaterhouseCoopers LLP Canada and tech-data firm CB Insights.

With a record year so far, AI has collected US$191 million to reach that total.

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Canadian tech venture capital funding hits eight-quarter high thanks to AI