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How to keep AI from crashing grids? Smart energy management

2 weeks ago

How to keep AI from crashing grids

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As AI and the data centres behind it revolutionize Canada's economy, both are straining the electricity grids needed to power the resulting explosion of computing capacity.

FrontFundr, Swoop expand capital access for startups

FrontFundr and Swoop Funding have launched a strategic partnership to streamline how Canadian technology startups secure capital needed to scale (their operations).

Bell to upgrade federal government call centres

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Bell Canada has landed a major contract that will see the telecommunications provider overhaul several of the largest government of Canada call centres.

UniUni raises US$85 million to support expansion

B.C.-based e-commerce delivery company UniUni has raised US$85 million in fresh financing to support its expansion. The funding will support UniUni’s deployment of advanced sorting machines across its expanding North American warehouse network and provide working capital.

Cluely CEO admits to lying about revenue numbers

The $7 million in annual recurring revenue that Cluely co-founder and CEO Roy Lee shared with TechCrunch last summer was a lie, Lee admitted on Thursday on X.

CVCA, NACO push Ottawa on growth-stage funding gaps

As the Government of Canada decides how to deploy the $750 million it pledged towards “early growth-stage funding gaps,” two leading investor advocacy organizations have put forth differing visions for how those dollars should be allocated.

No launch date for open banking: Bank of Canada

Bank of Canada head of payments Ron Morrow says he’s “somewhat daunted” by the process, and that the information-gathering stage alone will take months. “I think it would be premature and ill-advised to start talking about a date,” he said.

AI-generated CRA tax scams increasing

Tax season is underway and security experts warn that artificial intelligence is making it easier for even inexperienced fraudsters to fool their victims. The Canada Revenue Agency said generative AI is creating more sophisticated malicious content targeting Canadians.

Kinaxis will be a huge AI winner: CEO

Kinaxis’s new CEO says the Kanata-based software firm plans to ramp up development of new artificial intelligence tools as it seeks to build on the momentum that saw it earn record revenues in 2025.

OpenAI releases new financial services tools

OpenAI is releasing a new flagship artificial intelligence model and a suite of financial-services tools that are meant to be better at tackling office work, ramping up competition with Anthropic.

AWS launches AI agent platform for healthcare

Amazon Web Services announced the launch of Amazon Connect Health, an AI agent-powered platform to help healthcare organizations automate repetitive administrative tasks, including appointment scheduling, documentation  and patient verification.

Bell launches 5G Plus Advanced mobile network

Bell Canada is launching its 5G Plus Advanced mobile network, which will provide faster speeds and serve as a stepping stone toward 6G connectivity. The technology runs on Bell’s latest wireless spectrum deployment and its new 5G stand-alone core network.

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