Companies are investing heavily in artificial intelligence with the expectation that it will unlock major productivity gains, especially in software engineering. AI coding tools can now help developers produce more code faster than ever, with some workers saying tasks that once took a week can now be completed in a day. Tools like Claude Code have made individual coding work quicker, but the larger business results are still less clear. More code does not automatically mean b

Canada has launched AI for All, a new national artificial intelligence strategy aimed at making the country more competitive, more secure, and better prepared for the rapid growth of AI. Prime Minister Mark Carney unveiled the plan in Toronto, saying the main question is not whether AI will transform society, but whether it will improve life for all Canadians or only benefit a few. The strategy focuses on safety, reliability, opportunity, and Canadian sovereignty as AI become

As artificial intelligence continues to reshape the business world, a new concern is emerging alongside the excitement surrounding the technology: cost. For the past few years, companies have focused heavily on increasing AI adoption, encouraging employees to use AI tools, and investing billions of dollars into developing more powerful models. Now, however, many organizations are beginning to realize that widespread AI use comes with significant expenses, particularly as toke

Nebius shares surged after a fund led by former OpenAI researcher Leopold Aschenbrenner disclosed a major stake in the AI cloud company, drawing fresh investor attention to one of the rising names in AI infrastructure. The fund, Situational Awareness, now owns about 12.4 million Class A shares in Nebius, representing roughly a 5 to 5.6 per cent stake. The disclosure pushed Nebius stock higher on Thursday, with shares rising around 7 to 9 per cent and reaching their highest le

Tech leaders are being warned about a growing problem in the artificial intelligence boom: “AI psychosis.” The phrase, used by Box CEO Aaron Levie, describes the way some executives become overly convinced that AI agents can quickly replace human work after seeing impressive demos or simple prototypes. Levie argues that CEOs are especially vulnerable because they are often far away from the “last mile” of real work, where AI outputs must be checked, corrected, integrated, and

Luxury smartphone brand Vertu is trying to make a comeback in the AI era with the Alphafold, a premium foldable phone built for executives who want artificial intelligence tied directly into business workflows. Starting at $6,880, the device is aimed less at everyday smartphone buyers and more at CEOs, founders, and wealthy professionals who manage work on the move. Higher-end versions include materials such as alligator leather, 18K gold, and diamond accents, with the top st

Wix is facing one of the most difficult periods in its history as the company prepares to cut approximately 1,000 jobs, or around 20% of its workforce, following disappointing financial results and a dramatic decline in investor confidence. The layoffs, expected to be the largest in the company’s history, come as Wix struggles to adapt to a rapidly changing technology industry increasingly shaped by artificial intelligence. After years of growth as a website-building platform

Artificial intelligence has become one of the most powerful buzzwords in the modern business world, with companies across nearly every industry rushing to position themselves as part of the AI revolution. But as excitement around the technology continues to grow, so too does skepticism about how genuinely many businesses are using it. A growing number of communications professionals, journalists, and industry analysts are now warning about the rise of “AI washing,” a trend wh

SpaceX’s long-awaited IPO filing shows a company aiming to be much more than a rocket business. The company, founded by Elon Musk 24 years ago, is preparing to go public on the Nasdaq under the ticker “SPCX” in what could become the largest IPO ever. Reports suggest the offering could raise around $75 billion and value SpaceX at nearly $1.75 trillion to $2 trillion. For investors, the bet is not only on SpaceX’s current success with rockets and satellites, but also on Musk’s

Anthropic’s acquisition of Stainless marks another important step in the growing competition around AI developer tools and agent connectivity. As AI moves beyond simple chatbots and into agents that can complete tasks, connect to business systems, and interact with outside software, the tools that help developers build those connections are becoming more valuable. Stainless, founded in 2022 by former Stripe engineer Alex Rattray, specializes in generating software development

Cisco is making a major shift toward artificial intelligence, even as it reports some of its strongest financial results in years. The networking technology giant announced that it is cutting nearly 4,000 jobs, representing less than 5% of its workforce, while also reporting record quarterly revenue and stronger-than-expected earnings. The move shows how major tech companies are increasingly restructuring around AI, even when their overall business performance remains strong.

Coinbase is cutting 14% of its workforce as CEO Brian Armstrong pushes the company to become leaner, faster, and more focused on artificial intelligence. The layoffs are expected to affect about 700 employees, based on the company’s reported workforce size of 4,951 at the end of 2025. Armstrong said the decision comes as Coinbase faces two major pressures at once: a weaker crypto market and the rapid rise of AI tools that are changing how companies operate. In a letter to emp

Meta and Microsoft are the latest major technology companies to show how deeply artificial intelligence is reshaping the industry. Meta announced that it will cut about 8,000 workers, which is around 10 percent of its workforce, as the company continues pouring money into AI infrastructure and expensive AI talent. The cuts are being presented as part of a larger effort to improve efficiency, reduce costs, and create more room for new investments in other parts of the business

Small businesses in Northwestern Ontario are getting a major boost in their efforts to adopt artificial intelligence (AI) into their operations, thanks to a new initiative from the Northwestern Ontario Innovation Centre (NOIC) in Thunder Bay. The centre has launched the Building Blueprints for AI Adoption (BBAA) program, a structured five-session training and funding initiative designed to help entrepreneurs gain hands-on experience and practical strategies for integrating AI