Invest in education 🎒 - Canadian universities launch venture fund, The war in Iran drags on.

Canadian universities are getting into the VC game, with U of T and McMaster anchoring a new life-sciences fund aimed at turning more campus research into commercial breakthroughs in areas like cancer, heart disease, and brain disease. Plus, the collapse of the U.S.-Iran ceasefire is reviving inflation fears, as renewed conflict threatens energy markets and raises the risk that price pressures could get worse again.

And in The Big Picture: Meta plans a massive AI data centre in Alberta, Nvidia’s valuation falls back to pre-AI boom levels, and Knix founder Joanna Griffiths is selling her remaining stake and stepping down.

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