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Data centres pushing companies to face ‘chipflation’: expert

1 week ago

Data centres pushing companies to face ‘chipflation’: expert

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For those firms looking to make a PC purchase today, they might be in for “sticker shock,” according to a builder of workplace computers.

Manitoba Hydro has offers for software it created: CEO

Manitoba Hydro's CEO says the Crown corporation regularly receives purchase offers "in the hundreds of millions of dollars" for software it created — money comparable to the utility's deficit for the most recent fiscal year.

St. John’s has become an unlikely tech hub

Some investors were skeptical that Adam Keating and Jeremy Andrews could build a successful tech company in St. John’s. Newfoundland, affectionately referred to as “the rock,” is far from Silicon Valley’s Sand Hill Road.

Toronto's Terminal raises $20M to advance telematics trade

Terminal Technologies Inc., a Toronto company whose software platform standardizes data from hundreds of hardware devices that collect information from commercial vehicles, has raised US$20-million in venture capital.

Vanc, partners with Google's Green Light AI program

The City of Vancouver has joined a Google initiative that uses the company’s artificial intelligence (AI) and Google Maps driving data to recommend optimal efficiency changes to traffic signal timings.

Average Canadian data breach costs are rising: IBM report

Data breaches are becoming more costly for Canadian companies, a new report suggests.  Canadian organizations paid an average of $7.11 million per data breach in 2026, up from $6.98 million in 2025, according to IBM research.

CGI reports $465-million profit, up from a year ago

CGI Inc. says it earned $465.2-million in its third quarter compared with a profit of $408.6-million a year earlier. CGI has 94,000 consultants and professionals across the globe that provide business and technology consulting services.

TSE-traded Kneat investors vote for Thoma Bravo buyout

Shareholders of Toronto Stock Exchange-listed software company Kneat.com Inc. have voted decisively in favor of a $650-million takeover by U.S. private capital giant Thoma Bravo LP., despite vocal opposition by two shareholders to the deal. 

What is open-weight AI, the tech behind Kimi K3

China's latest high-powered AI model is here — but if you thought it was just another chatbot, think again. Beijing-based company Moonshot released the weights of its Kimi K3 model making the parameters that guide the AI's answers are public.

Microsoft’s cloud accelerates to fastest growth Since 2022

Microsoft Corp.’s cloud unit grew at the fastest clip in four years and the pace is accelerating, suggesting the company’s AI and computing services are making inroads with customers. Azure cloud revenue rose 43% during the fiscal fourth quarter.

Apple slides after supply shortages hurt sales forecast

Apple Inc. tumbled in late trading after component shortages weighed on the company’s sales forecast, signaling that industrywide supply constraints are taking a bigger toll than anticipated. Revenue will rise 9% to 11% in the fiscal fourth quarter.

New York school pauses plan to deploy robot teachers

A school district in a rural corner of upstate New York is hitting pause on plans to deploy an AI-powered, humanoid robot in the classroom after state education officials, teachers and local residents raised concerns.

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