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Bell, HIVE expanding Western Canada data centre networks
Bell, HIVE expanding Western Canada data centre networks
Canada’s AI data centre capacity continues to grow with the announcement that Bell Canada and HIVE Digital Technologies Ltd. are expanding their data centre footprints in Western Canada.
Canada’s next AI moment
As Canada takes a leading role in AI research and development, the country is also likely to take a leading role in AI-driven drug development, chemistry and material research.
U.S. venture investors are backing fewer Canadian deals
U.S. investors participated in fewer Canadian venture capital deals in 2025, industry data shows, interrupting a years-long pattern of American firms playing an increasingly prominent role in funding the country’s startups.
Nvidia CEO heralds next AI boom with $1 trillion in orders
Nvidia CEO Jensen Huang elaborated on his vision for keeping his company at the forefront of the AI boom, predicting Nvidia will have a US$1 trillion backlog in orders for its chips by the end of the year.
Gumloop lands $50M from Benchmark
Benchmark 's investment of US$50 million allows Gumloop to give organizations like Shopify, Ramp, Gusto, Samsara, Instacart, and Opendoor a means to deploy reliable AI agents that autonomously handle complex, multistep tasks, all without ever needing an engineer.
Fuse raises $25M to tackle aging loan origination systems
Fuse announced it has raised US$25 million Series A funding to help it modernize aging loan origination systems. By leveraging AI, Fuse claims its agents can help lenders process higher loan volumes, automate underwriting and reduce operational costs.
Shopify’s AI-powered loans business is growing fast
Shopify’s money-lending business continues to grow fast with the firm recording nearly US$1.8 billion in outstanding funds in its most recent quarter. Shopify Capital lends merchants money through loans and cash advances, with pre-approvals done by AI.
Shopify is preparing for AI shopping agents
Shopify is preparing for the transformation of a lifetime, according to its president, Harley Finkelstein. Speaking at this year’s Upfront Summit in Los Angeles, the longtime e-commerce veteran spoke about how the company is going all in on agentic shopping.
Google in talks with China's Envicool
Alphabet's Google is in talks with Envicool and other Chinese firms about buying liquid cooling equipment for data centres. Liquid cooling systems are critical in AI data centres as AI computing generates large amounts of heat.
Niv-AI looks to better manage AI power usage
Electricity is the raw material for AI, but new processing techniques outstrip the ability of data center operators to manage their relationship with the power grid. Start-up Niv-AI has secured $12 million in seed funding to solve this problem
Amazon to use Cerebras’ chips to run AI models
Amazon.com Inc. plans to use chips from startup Cerebras Systems alongside its own Trainium processors, a combination that the companies say will be able to better run AI software.
Feds investing $200 million in Nova Scotia spaceport
The government of Canada is investing $200 million in a Canadian-owned spaceport to enable sovereign satellite launches. It has selected three companies to receive funding as part of its effort to boost Canada’s space and defence capabilities.
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