{"id":611257,"date":"2026-09-25T10:12:39","date_gmt":"2026-09-25T10:12:39","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/611257\/"},"modified":"2026-09-25T10:12:39","modified_gmt":"2026-09-25T10:12:39","slug":"ontario-teachers-pension-plan-invests-us50-million-in-ai","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/611257\/","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":611258,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246,16288,111,139,69,244,245,8183],"class_list":["post-611257","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-hardware","tag-new-zealand","tag-newzealand","tag-nz","tag-personal-finance","tag-personalfinance","tag-software"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/611257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=611257"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/611257\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/611258"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=611257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=611257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=611257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}