Category : Search result: Big Tech AI spending


AI Spending Fears Hit Big Tech Bond Market

Investor anxiety over massive AI infrastructure spending by tech giants spills into bond markets, driving up debt costs. Get the latest analysis on this market shift.

Microsoft's $10B AI Investment in Portugal

Microsoft announces massive US$10 billion investment in Portuguese AI data center, signaling major commitment to European artificial intelligence infrastructure development.

SoftBank sells $5.8B Nvidia stake for OpenAI focus

Japanese investment giant SoftBank has divested its entire Nvidia position worth $5.8 billion, redirecting capital toward OpenAI and artificial intelligence ventures. Discover the strategic shift.

Tech Stock Selloff Triggers Global Market Retreat

Global markets stumble as tech stocks lead Wall Street lower, with investors eyeing inflation data and Federal Reserve signals. Discover why markets are nervous and what's next for investors.

Ottawa Defence Hub Fuels Canada's Security Tech Boom

Discover how Ottawa's Defence Innovation Hub is transforming Canada's security landscape by connecting cutting-edge tech startups with national defence needs, creating jobs and driving economic growth.

Canadian Quantum Startups Fuel U.S. Tech Advancement

Discover how Canada's quantum computing startups are driving American technological advancement, securing contracts with U.S. government agencies and positioning Canadian innovation on the global stage.

Maugerville's Big Potato Vandalized Again

The beloved Big Potato sculpture in Maugerville, New Brunswick, has been targeted by vandals just three years after community restoration efforts. Discover the impact on this iconic roadside attraction.

Carney Signals Major Fiscal Policy Shift in Budget

Bank of Canada Governor Mark Carney announces a significant departure from traditional fiscal management, emphasizing strategic investment over austerity measures in the latest budget framework.

Lightspeed Q2 Revenue Jumps 25%, Raises Guidance

Montreal-based tech giant Lightspeed Commerce reports strong Q2 2024 results with revenue climbing to $230.3 million, prompting increased full-year financial guidance amid global expansion.

Cyber A.I. Group at World AI Expo Dubai 2025

Cyber A.I. Group announces its participation in the prestigious World AI Expo Dubai 2025, where the company will demonstrate revolutionary artificial intelligence technologies and cybersecurity innovations to global industry leaders.

Ontario deficit drops $1B amid US tariff fight

Ontario's financial deficit has shrunk by $1 billion as the province pours billions into fighting US steel and aluminum tariffs while maintaining robust economic growth.

Ottawa's Fiscal Crossroads: Deep Cuts Proposed

As Ottawa faces unprecedented budget pressures, city officials propose controversial spending reductions that could transform public services and community programs across the capital region.

Ontario's Debt Crisis: Ford's Fiscal Test Ahead

As Ontario's debt balloon approaches $500 billion, pressure mounts on the Ford government to deliver fiscal responsibility in the upcoming fall economic statement. Experts warn of serious consequences without immediate action.

Michael Burry Bets Big on China Stocks & Gold

The legendary investor who predicted the 2008 financial crisis is back with massive new positions in Chinese stocks and gold ETFs, alongside cryptic market warnings.

$13M software scandal at London City Hall

London taxpayers foot $13 million bill for custom software that will never be used, raising serious questions about municipal spending and technology oversight.

Carney's Budget: A Trudeau-Style Fiscal Crisis

Mark Carney's proposed budget faces intense scrutiny as experts warn of unsustainable spending mirroring Trudeau-era fiscal policies. Discover the alarming parallels and economic risks.

Federal Budget Cuts Hit Ottawa Services

Ottawa faces significant service reductions as federal budget cuts take effect. From healthcare to infrastructure, discover how these changes will impact residents and local businesses across the National Capital Region.

Nova Scotia ultra-runner ranks among world's best

Halifax ultra-runner Dave Myles achieves global recognition after completing a revolutionary 74-hour race format that eliminated traditional finish lines, ranking among the world's elite endurance athletes.

Apple & Google in Secret AI Talks Over Siri Upgrade

Tech giants Apple and Google are negotiating a groundbreaking AI partnership that could integrate Google's Gemini AI into iPhones, potentially revolutionizing Siri's capabilities and reshaping the smartphone landscape.

Manitoba Tourism Shatters Records in 2024

Manitoba's tourism sector celebrates unprecedented success with record-breaking visitor spending in 2024, signaling strong economic recovery and growing global appeal.

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