Delaware or Bust

The AI North Brief • January 29, 2026

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Send us a text Y Combinator has quietly removed Canada from its list of countries where it invests. Canadian startups now need to incorporate in the U.S., Cayman Islands, or Singapore to join the world's most prestigious accelerator. YC president Garry Tan confirmed the change, saying Canadian founders should "just convert to Delaware C Corp" if they want to raise money. But on the same day, Toronto-based Waabi announced what it claims is the largest funding round in Canadian tech history: $7...

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