{"id":626102,"date":"2026-09-24T15:10:08","date_gmt":"2026-09-24T15:10:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/626102\/"},"modified":"2026-09-24T15:10:08","modified_gmt":"2026-09-24T15:10:08","slug":"ontario-teachers-pension-plan-invests-us50-million-in-ai","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/626102\/","title":{"rendered":"Ontario Teachers&#8217; Pension Plan invests US$50 million in AI"},"content":{"rendered":"<p class=\"c-paragraph\">TORONTO \u2014 Ontario Teachers\u2019 Pension Plan has invested US$50 million in Harvey, a Canadian firm developing AI tools for law firms.<\/p>\n<p class=\"c-paragraph\">The investment was made by Teachers\u2019 Venture Growth.<\/p>\n<p class=\"c-paragraph\">It was part a funding round by Harvey co-led by Diffusion and Lightspeed Venture Partners that raised a total of US$600 million.<\/p>\n<p class=\"c-paragraph\">Harvey\u2019s tools are used in to help streamline work in areas including contract analysis, due diligence, compliance and litigation.<\/p>\n<p class=\"c-paragraph\">It has more than 3,000 customers around the world.<\/p>\n<p class=\"c-paragraph\">Rick Prostko, senior managing director at Teachers\u2019 Venture Growth, says Harvey has built a strong position with Canadian customers and, as a Canadian institution, Ontario Teachers\u2019 is positioned to help accelerate it.<\/p>\n<p class=\"c-paragraph\">This report by The Canadian Press was first published Sept. 24, 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"TORONTO \u2014 Ontario Teachers\u2019 Pension Plan has invested US$50 million in Harvey, a Canadian firm developing AI tools&hellip;\n","protected":false},"author":2,"featured_media":626103,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[114,268,8439,85,46,266,267,7130],"class_list":["post-626102","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-hardware","tag-il","tag-israel","tag-personal-finance","tag-personalfinance","tag-software"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/626102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=626102"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/626102\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/626103"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=626102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=626102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=626102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}