business
Anthropic says it has taken its latest AI models offline to comply with U.S. directive
AI giant Anthropic said on Friday it has taken its latest artificial intelligence models, known as Fable 5 and Mythos 5, offline to comply with a directive from the Trump administration to prevent their use by foreign nationals. Source link
Ottawa has struggled to increase grocery competition. Will the new food strategy help?
The federal government has pledged $3 billion which it says will add more food terminals in Canada, help the Competition Bureau sniff out and penalize anticompetitive behaviour, and help Canada produce more of its own food. Independent grocers say it’s a step in the right direction when it comes to helping them compete, but won’t […]
SpaceX stock jumps after record IPO, making Musk the first trillionaire
SpaceX jumped over 20 per cent in its Nasdaq debut on Friday, making the company worth more than $2 trillion US, and leading Forbes to estimate CEO Elon Musk’s net worth at $1.1 trillion US. It’s expected to be included in the Nasdaq 100 within weeks, making it a major holding for passive funds and […]
SpaceX kicks off wave of monster IPOs: What to know about companies going public
IPOs like SpaceX, Anthropic and OpenAI have dominated headlines lately, as a number of high-profile private companies announced they will become publicly traded firms. The hype is hard to ignore — but could these IPOs fall flat? Source link
Grok's sexual deepfakes violated Canadian privacy law, says privacy commissioner
After launching an investigation in January to examine the proliferation of sexual deepfakes on X, Canada’s privacy commissioner says Grok’s AI image generation tool was launched without adequate safeguards and didn’t properly consider harms to privacy. Source link
Help wanted: The oilpatch will need 72,000 workers over the next decade
The plethora of hiring opportunities in the oil and gas sector comes at a time when the national economy is struggling and there is uncertainty in some industries because of the impacts of tariffs and artificial intelligence. Source link
Dealership revoked offer to buy back customer's BMW, blaming wayward AI chatbot
A Toronto man says he was shocked and devastated when a BMW dealership revoked an offer to buy back his car, telling him an AI chatbot generated the offer by mistake. The dealership has since reinstated the deal, but as Canadian businesses rush to adopt artificial intelligence tools, they face a growing risk of customer […]
Canada 'open for business,' Hodgson tells international energy conference
Federal natural resources minister Tim Hodgson came to the Global Energy Show in Calgary with a message for international delegates: “Canada can be a supplier you need in a volatile world.” Source link
OpenAI files for IPO as AI firms look to make Wall Street debut
ChatGPT maker OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, a move that follows rival Anthropic and Elon Musk’s SpaceX also aiming to become publicly traded companies. Source link