Tara Deschamps

1 day ago | castanet.net | Glen Korstrom |Tara Deschamps |Lauren Krugel |Matt O'Brien

Executives in B.C.'s artificial intelligence (AI) sector are excited for what they think it means for Canada to have its first dedicated minister of AI in a government cabinet.  Prime Minister Mark Carney this morning unveiled his new cabinet, and it includes former broadcaster Evan Solomon as the minister of AI and digital innovation. Past ministers that would have overseen AI have held other titles.

1 day ago | castanet.net | Tara Deschamps |Lauren Krugel |Matt O'Brien |Stan Choe

U.S. chip maker Nvidia will partner with Saudi Arabia’s sovereign wealth fund-owned AI startup Humain and will ship 18,000 chips to the Middle Eastern nation to help power a new data center project. The partnership was revealed Tuesday as part of a White House trip to Saudi Arabia, Qatar and the United Arab Emirates. Saudi Arabia has been working to develop its artificial intelligence capacity and strengthen its cloud computing infrastructure with the help of foreign investment.

1 day ago | castanet.net | Tara Deschamps |Lauren Krugel |Matt O'Brien |Stan Choe

An Ontario court has extended Hudson’s Bay’s reprieve from the hundreds of businesses it owes money until the end of July. Judge Peter Osborne granted Canada’s oldest company permission Tuesday to extend the court's protection from creditors under the Companies' Creditors Arrangement Act to July 31 rather than ending May 15.

5 days ago | financialpost.com | Tara Deschamps

Article contentTORONTO — The trading week wound to a close with the Canadian market on an upbeat but cautious swing. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Article contentThe country’s main stock index, the S&P/TSX composite, gained more than 100 points on Friday because of strength in the telecom and energy sectors.

5 days ago | financialpost.com | Tara Deschamps

Advertisement 1Article contentTORONTO — A new court filing shows a process meant to find a new owner for Hudson’s Bay and its assets has yielded 17 bids. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team.