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AI-driven attacks growing threat to Canadian companies: KPMG
AI-driven attacks a threat to Canadian companies: KPMG
AI-driven fraud is emerging as a major threat to Canadian businesses of all sizes, according to new corporate surveys by KPMG Canada and the Canadian Centre for Cyber Security.
Why agentic AI needs guardrails
The era of agentic AI is here. Only it needs strong guardrails to keep it from taking actions that can put organizations at risk.
Bell Cyber, Radware expand AI-driven security services
Bell Cyber is expanding its partnership with Radware to offer Canadian businesses an AI-driven security service to combat today’s growing number of highly sophisticated and AI-driven cyberattacks.
Wealthsimple joins SWIFT network
Wealthsimple is pushing into international payments by becoming the latest member of SWIFT, a global financial messaging network facilitating wire transfers for more than 11,000 financial institutions around the world. Wealthsimple the first Canadian fintech firm to join the network.
Sabre adopts 'poison pill' on Constellation investment
Toronto-based Constellation Software is facing resistance from travel software provider Sabre Corp. after it acquired a 9.7 per cent stake in the company. Saber looks to stop any company from owning more than 15 per cent of shares.
David Rozin joins JPMorgan Chase's tech banking services
JPMorgan Chase & Co. chosen David Rozin, head of Bank of Nova Scotia’s innovation banking unit, to head its effort to expand banking services to Canadian technology companies. Rozin will join the U.S. financial services giant this month in Toronto.
Brookfield's Radiant valued at $1.3 billion after merger
Brookfield Asset Management’s new AI infrastructure company Radiant has been valued at $1.3-billion after merging with London-based cloud computing firm Ori Industries, according to three people with knowledge of the matter.
Coherent, NVIDIA forge strategic AI optics partnership
NVIDIA and Coherent Corp. announced a multiyear strategic agreement to advance the frontier of advanced optics technologies, including manufacturing capacity and research and development, to enable next-generation AI infrastructure.
Remergify launches dedicated AI Division
Miami-based Remergify announced the formation of a dedicated AI division, establishing a fully operational business group to address rapid market demand for AI-driven solutions. The move formalizes the company's existing and growing AI capabilities into a structured, scalable practice area.
Some VCs see signs of a startup apocalypse
With new AI tools automating common taks, these AI tools are forcing investors to scan their portfolios and confront which companies actually own something that AI can’t easily replicate. Investors are asking startups to show value beyond code.
Accountants are swamped with AI tax slop
Canadian accountants say AI is adding to their workloads. A survey of Canadian accountants found 44 per cent say they spend some three hours a month correcting errors caused by clients misusing advice from AI models.
ChatGPT uninstalls surged after DoD deal
U.S. app uninstalls of ChatGPT’s mobile app jumped 295% day-over-day on Saturday as consumers responded to the news of OpenAI’s deal with the Department of Defense (DoD).
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