Float Financial closed a CAD 85 million all-equity Series C led by Inovia Capital, bringing its total funding to CAD 300 million. The company plans to use the capital to advance its AI platform Float …
Micron Technology reported fiscal third-quarter 2026 earnings that topped analyst estimates, citing soaring AI-driven demand for memory chips. The company disclosed $22 billion in customer commitments…
IGM Financial announced a multi-year restructuring to simplify operations and increase investment in artificial intelligence, taking a $95 million Q2 charge for severance and CEO transition costs. The…
Canadian organizations temporarily lost access to Anthropic's AI models during an outage, highlighting risks of relying on foreign AI providers. Experts say the incident underscores Canada's underinve…
Madison Air Solutions raised $2.23 billion in a U.S. initial public offering, valuing the company at about $13.2 billion, as demand for AI data center cooling surges. The firm expects shipments of dat…
Ciena Corporation reported fiscal second-quarter 2026 revenue of $1.57 billion, up 40% year over year, and adjusted EPS of $1.64, up 290%, driven by strong optical demand from hyperscalers and cloud p…
Sterling Infrastructure (STRL) has repositioned itself as an E-Infrastructure leader focused on AI-driven data center construction, guiding to roughly 25% revenue growth for 2026 based on a record mul…
Prime Minister Mark Carney launched Canada's national artificial intelligence strategy, AI for All, on June 4, 2026 in Toronto, targeting $200 billion in economic growth and 250,000 new AI-related job…
A survey of 16 Wall Street analysts set one-year price targets for SoundHound AI between $8 and $20, with an average of $14 implying roughly 56% upside from the stock's current price. The company, wit…
A subreddit called /r/SlopcoreCirclejerk has emerged as a hub for pro-generative AI users who mock and provoke anti-AI communities, with posts celebrating the erosion of human creativity and targeting…