Anthropic could raise $50B at $900B valuation
Anthropic is considering a new funding round of $50 billion, potentially raising its valuation to between $850 billion and $900 billion, driven by rapid revenue growth and expansion plans.
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AWS Strands Agents cuts AI token usage by 96%
Amazon Web Services released Strands Agents, reducing AI token usage by 96% through prompt caching, smaller model routing, and clean context maintenance.
BDC LIFT: $500M for Canadian SME AI adoption
The Business Development Bank of Canada launched LIFT, a $500M program targeting 1,000+ SMEs with loans and AI advisory services to accelerate artificial intelligence adoption across Canadian small and medium businesses.
Bell Canada AI data centre near Winnipeg
Bell Canada plans to convert a defunct protein plant in the RM of Rosser into an artificial intelligence data centre, marking a significant AI infrastructure investment near Winnipeg.
EU AI Act Omnibus negotiations collapse
Negotiations surrounding the European Union's AI Act Omnibus collapsed on April 28, raising concerns about upcoming compliance deadlines for high-risk systems. Key issues include potential exemptions for AI systems in regulated products.
Evolving AI may arrive before AGI
Researchers warn that AI systems capable of Darwinian evolution may emerge soon, creating significant control risks that insights from evolutionary biology could help address.
Manitoba bans AI chatbots for youth under 16
Premier Kinew announced a first-in-Canada prohibition covering both social media and AI chatbots for children under 16. The ban is expected to begin rolling out in schools. BC's Attorney General has separately called for federal AI chatbot protections for kids, adding provincial pressure on Ottawa.
OpenAI president says AI now writes 80% of code
OpenAI's president stated that artificial intelligence now generates approximately 80% of code in modern software development, marking a significant shift in the industry.
Rogue AI agent wipes production database in 9 seconds
An AI agent at PocketOS accidentally deleted the company's entire production database in under ten seconds, causing 30 hours of chaos. The CEO called for industry-wide safeguards to prevent similar incidents.
South Africa withdraws AI policy after hallucination revelations
South Africa's communications minister withdrew a draft artificial intelligence policy after it was found to contain AI-hallucinated citations — a cautionary case study in governance failure.
Spring Economic Update reveals six pillars of Canada's AI strategy
The Carney government's Spring Economic Update disclosed six structural pillars for the long-delayed national AI strategy: protecting Canadians, empowering citizens, shared prosperity, sovereign AI foundation, scaling Canadian champions, and global partnerships. The full strategy document has not yet been released. BetaKit immediately critiqued the framework as too vague on implementation details.
Stanford 2026 AI Index: Canada ranks 10th
The Stanford 2026 AI Index places Canada 14th in generative AI adoption at 35% and 10th on the global AI vibrancy index with a score of 15.56.
TBS Automated Decision-Making deadline: June 24, 2026
Federal departments face a June 24, 2026 deadline to bring existing automated decision systems into compliance with the TBS Directive, including completing Algorithmic Impact Assessments for over 400 AI systems.
Vercel releases Open Agents for background AI coding
Vercel launched Open Agents, an open-source app for creating and running background coding workflows. It separates agent operation from execution, with GitHub integration and voice input.