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News
How to shift your workforce from AI experimentation to adoption
5+ hour, 2+ min ago (1399+ words) It’s not enough for employees to be accessing AI tools. Enterprise AI adoption means making widespread cultural changes in the workplace and measuring impact closely. Simply handing employees AI tools won’t solve Canada’s productivity problem. Despite rising AI access across…...
Thomson Reuters launches its own AI model to reduce reliance on big tech
10+ hour, 32+ min ago (518+ words) The large language model, dubbed Thomson, will be an early test of whether domain-specific AI can compete with the likes of Anthropic and OpenAI Thomson Reuters has launched a custom AI model, Thomson, stepping up its push to establish itself…...
Canadian investors are dumping U.S. government debt for American corporate bonds
13+ hour, 46+ min ago (823+ words) Concerns over U.S. fiscal policy and a surge in AI-related borrowing are reshaping Canadian investors’ portfolios, economists say Canadian investors are shedding U.S. government bonds at a record pace, even as they pile into U.S. corporate debt to capitalize on the…...
Anthropic wants to add???gigawatts??? of AI compute in Canada
5+ day, 2+ hour ago (365+ words) The Claude maker is hiring local staff to lead data-centre development and community relations, starting in Alberta AI firm Anthropic is planning to source a significant amount of compute capacity in Canada, including from new data centres in Alberta. The…...
Star researcher Sanja Fidler raises over US$90M for world model startup
5+ day, 8+ hour ago (556+ words) Toronto-based Veeda is building control systems for physical AI, and is backed by Khosla Ventures and Radical Ventures, The Logic has learned TORONTO — A team of former Nvidia AI researchers led by renowned computer scientist Sanja Fidler has launched a…...
For decades, lawyers hustled to make partner. AI is changing that
5+ day, 13+ hour ago (425+ words) Internal tech roles at Big Law firms are no longer relegated to support staff, as senior lawyers are tapped to design agentic AI tools Big Law firms across Bay Street are recruiting mid-career lawyers to build the firm’s internal AI…...
Neocloud Iren goes big on U.S. data centres as Canadian expansion slows
6+ day, 13+ hour ago (543+ words) The Australian firm, which has three data centres in B.C., is planning gigawatts of new capacity around the world as demand from AI developers booms AI compute provider Iren started out with data centres in British Columbia, but the firm says…...
Ontario Teachers??? backs Databricks in US$5B financing
1+ week, 4+ day ago (252+ words) Ontario Teachers’ backs Databricks in US$5B financing The Logic Canada's Business and Tech Newsroom The round values the San Francisco-based tech firm at US$190 billion. Other investors include major financial services firms and sovereign wealth funds. (The Logic) Talking point:…...
Brookfield is not???stepping out??? on risk management with AI push, execs say
1+ week, 4+ day ago (260+ words) Brookfield is not ‘stepping out’ on risk management with AI push, execs say The Logic Canada's Business and Tech Newsroom Chief financial officer Nicholas Goodman said on an earnings call that the investment giant is retaining its historical strategy of…...
Canadian businesses were bracing for a wave of retirees. Then along came AI
1+ week, 4+ day ago (569+ words) AI is pushing businesses to transform right at the moment many were hoping to hand off the reins When Jay Willmot pitched his parents on an advanced automation system for the family’s farm, it was a hard sell. The technology,…...