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Microsoft strikes deal with Mistral AI; EU lawmakers demand investigation

A Microsoft spokesperson confirmed to CNBC this morning that its multi-year partnership with Mistral AI includes an investment of US$16 million, which would convert...

As Broadcom sells its EUC Division, frustration mounts for many

The  dismantling of VMware by Broadcom continued today when the company announced it was selling its End-User Computing (EUC) Division to Menlo Park, Calif.-based...

FedDev Ontario invests $17 million in 12 companies to advance quantum computing

Today, the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) announced a total repayable investment of C$17.2 million to help 12 local companies...

OpenText sustainability report cites challenges IT departments face

A new report commissioned by OpenText, released yesterday, indicates that IT departments are playing a major role in achieving corporate sustainability objectives, but concludes...

Hiring to continue in Canada despite challenges: Robert Half study

Over 50 per cent of Canadian technology managers plan to hire in the first half of 2024 despite persisting challenges to find skilled talent,...

Bell, Rogers and Telus state their conditions as CRTC considers expanding wholesale internet mandate

Last week, the Canadian Radio-Television Telecommunications Commission (CRTC) kicked off a series of public hearings as part of a proceeding to examine its existing...

Cisco to cut roughly 4,250 from its payroll

Cisco late this afternoon released its second quarter results, as well as announcing a reduction of its payroll by five per cent, which in...

EY Canada, Microsoft launch climate stress testing initiative for FIs

Consulting and accounting firm EY Canada today launched the EY Climate Stress Testing and Scenario Analysis solution, a service running on Microsoft Azure which...

Montreal duo launch free cybersecurity training platform

Two childhood friends, both of whom are entrepreneurs based in Montreal, today launched Cyber101, a platform that offers organizations a chance to educate their...

Tech sector navigating layoffs while riding GenAI wave, says GlobalData

The technology industry, says GlobaData, has already witnessed substantial changes in 2024, including layoffs by big companies such as Google, Amazon and Meta, a...

Bell, Mila to embark on joint deep learning AI initiative

Artificial intelligence research institute Mila and Bell Canada have announced an 18-month collaborative project that, the two said, will apply deep learning neural network...

Global tablet market ends tough 2023 with 11% decline in Q4: Canalys

According to the latest data from Canalys released today, global tablet shipments experienced a drop of 11 per cent year-on-year in Q4 2023, to...

Canadian CEOs worried about economic outlook, but expect turnaround with AI: Report

Over the past year, an increasing number of companies have worried that they will not survive amid rapid technological change and growing economic uncertainties...

FTC investigates AI oligopolies; calls on Microsoft, Alphabet, Amazon to disclose investments in startups

Yesterday, following a half day summit hosted by the U.S. Federal Trade Commission (FTC) that convened experts to examine the key players and the litany of...

AI adoption in Canada rising, but upskilling remains top barrier: IBM

AI adoption among large organizations has remained steady globally, while Canada saw an uptick from 34 per cent in April 2023 to 37 per...

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