financetom
Business
financetom
/
Business
/
Bell Canada Presents Bell AI Fabric to Help Canadian Companies Compete
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bell Canada Presents Bell AI Fabric to Help Canadian Companies Compete
May 28, 2025 7:15 AM

09:48 AM EDT, 05/28/2025 (MT Newswires) -- Bell Canada, wholly owned by BCE (BCE.TO, BCE), on Wednesday presented Bell AI Fabric, which it says can create Canada's largest artificial intelligence compute project and ensure that Canadian companies can continue to compete and win in the global AI economy.

The company said Bell AI Fabric will create a national network starting with a data center supercluster in British Columbia that will aim to provide upwards of 500 MW of hydro-electric powered AI compute capacity across six facilities.

The first of Bell's AI Fabric facilities will come online in June in partnership with Groq and the launch of their 7 MW AI inference facility in Kamloops, British Columbia. Additional AI facilities will come online by the end of 2026, including a 26 MW AI data center being built in partnership with Thompson Rivers University.

Bell Canada also added that two other AI datacenters with a combined capacity of more than 400 MW were also in advanced planning stages with stakeholders.

Price: 29.55, Change: -0.12, Percent Change: -0.40

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Royal Caribbean's Forward Bookings, Yield Growth to Support Improved Cash Flow, Credit Measures, S&P Says
Royal Caribbean's Forward Bookings, Yield Growth to Support Improved Cash Flow, Credit Measures, S&P Says
Feb 4, 2025
12:47 PM EST, 02/04/2025 (MT Newswires) -- Royal Caribbean Group's (RCL) strong forward bookings, higher pricing, and moderate yield growth for 2025 are expected to support cash flow growth and enhance the company's credit measures, S&P Global Ratings said in a Tuesday note. We believe Royal has sold more than two-thirds of its capacity for 2025, which provides good forward...
JPMorgan hires rival Goldman executive for its business services unit, memo says
JPMorgan hires rival Goldman executive for its business services unit, memo says
Feb 4, 2025
Feb 4 (Reuters) - JPMorgan Chase & Co ( JPM ) has hired Goldman Sachs ( GS ) executive Jonathan Slaughter to join its business services unit within its investment bank, according to a memo seen by Reuters on Tuesday. Slaughter will be tasked with bolstering the bank's offerings to business services clients across Europe, the Middle East and Africa,...
GlucoTrack Prices $3 Million Public Offering; Shares Fall
GlucoTrack Prices $3 Million Public Offering; Shares Fall
Feb 4, 2025
12:47 PM EST, 02/04/2025 (MT Newswires) -- GlucoTrack ( GCTK ) said Tuesday it has priced a best efforts public offering of about 2.6 million shares at $1.15 a share to raise some $3.0 million. The offering, with Dawson James Securities as the placement agent, is expected to close Wednesday, the medical technology company said. The shares were down over...
Venezuela oil exports rise on Chevron's cargoes, more supply to China
Venezuela oil exports rise on Chevron's cargoes, more supply to China
Feb 4, 2025
(Reuters) - Venezuela's oil exports rose 15% to some 867,000 barrels per day in January, driven by an increase in shipments by U.S. major Chevron Corp ( CVX ) from its joint ventures with state firm PDVSA, and more cargoes to China, data based on vessel movements showed. The administration of former U.S. President Joe Biden last year did not...
Copyright 2023-2026 - www.financetom.com All Rights Reserved