LocationsRecent Articles
Celestica posts 53 per cent revenue growth YOY
Celestica posts 53 per cent revenue growth YOY
The Toronto-based builder of networking switches and other equipment for data centres, Celestica reported that it generated revenue of US$4.05-billion in the first quarter of 2026, up 53 per cent over the same period a year ago.
Instacart buys Instaleap to expand global reach
Instacart (CART-Q), the grocery technology company, has purchased an order fulfillment platform firm Instaleap to add to its stable of technology and increase global market share. Instaleap offers ecommerce, fulfillment and delivery software that will augment what Instacart currently offers.
DoorDash expands delivery for Empire grocery stores
DoorDash (DASH-Q) is partnering with Empire (EMP-A-T) to deliver groceries from its stable of 12 grocery banners. The expansion will add grocery banners from Empire’s brands — which includes Sobeys, Safeway, Foodland, IGA, FreshCo, Farm Boy and Longo’s — to DoorDash’s offerings.
Canada’s growing cloud security complexity gap
As more enterprises catapult into an AI-powered future, cloud security is more critical to organizations. The velocity of AI adoption is fundamentally changing how cloud environments are managed and expanding the attack surface at speed that outpaces traditional security models.
Google flags urgency as AI reshapes cyber threats
Google Threat Intelligence is warning that artificial intelligence is lowering the technical threshold for cyber attackers, helping threat groups scale activity, speed up intrusions and automate parts of their operations. Google sees attackers use AI with scale, speed and sophistication.
OpenAI ends Microsoft legal peril over Amazon deal
On Monday, Microsoft and OpenAI announced that they have renegotiated the deal binding the two companies. The agreement solves an issue that was hanging over OpenAI’s head since it signed its up-to-US$50-billion deal with Amazon.
OpenAI hits back at growth fears
OpenAI pushed back against concerns over its sales growth, saying its consumer and enterprise businesses are “firing on all cylinders” despite a report about the AI startup missing internal targets. ChatGPT continues to see growth from business customers and advertising.
OpenAI CEO apologizes to Tumbler Ridge community
In a letter to the residents of Tumbler Ridge, B.C, OpenAI CEO Sam Altman said he is “deeply sorry” that his company failed to alert law enforcement about the suspect in a recent mass shooting, who allegedly killed eight people.
DeepMind’s David Silver raises US$1.1B for AI superlearner
Ineffable Intelligence, a British AI lab founded a few months ago by former DeepMind researcher David Silver, has raised US$1.1 billion in funding at a valuation of US$5.1 billion for novel AI models.
China blocks Meta from acquiring AI startup Manus
China on Monday blocked U.S. tech giant Meta’s acquisition of the artificial intelligence startup Manus, in an unexpected move to reverse a deal that apparently aroused Beijing’s concerns about the transfer of advanced technology.
Meta inks deal for solar power at night from space
The race to secure electricity for AI models has reached new heights: Meta has signed an agreement with the startup Overview Energy that could see a thousand satellites beam infrared light to solar farms that power data centres at night.
Maine’s governor vetoes data centre moratorium
Maine Governor Janet Mills vetoed a bill that would have temporarily halted permits for new data centres. If it had become law, L.D. 307 would have imposed the first U.S. statewide moratorium on new data centres until Nov. 1, 2027.
Google Plans to invest up to US$40-billion in Anthropic
Google will invest up to US$40 billion in Anthropic and support the firm's computing needs. It is investing US$10 billion, at a US$350 billion valuation for Anthropic, with US$30 billion to follow.
SpaceX an option to buy Cursor for US$60B
SpaceX said it has struck a deal with Cursor to develop a next-generation “coding and knowledge work AI,” which includes a surprising provision — an option to buy the popular software development platform for US$60 billion later this year.
Canadian Robotics Council committee to boost investment
The Canadian Robotics Council has established a committee of banks and venture capital firms to help draw more capital to the country’s robotics sector. CRC says companies in the sector typically require a lot of money to scale.
Consumers lost US$2.1B to social media scams in 2025
Americans lost US$2.1 billion to social media scams in 2025, according to a new report from the U.S. Federal Trade Commission. The agency reports that losses from social media scams have increased eightfold.
Industry Events
-
Toronto Tech Week
May 25 2026
to May 29 2026
Toronto -
Proptech Collective: AI Native: What It Actually Takes
May 28 2026
Toronto -
Tech Talent North - Eastern Edition
Jun 03 2026
Westin Harbour Castle, Toronto -
AWS Summit Toronto
Jun 03 2026
Metro Toronto Convention Centre -
Big Data & Analytics Summit Canada
Jun 09 2026
to Jun 10 2026
Toronto
Locations
