AGP Executive Report
Last update: 10 hours agoAI and Chips: AMD’s planned US$2.9-billion purchase of Toronto startup Taalas is one of Canada’s biggest tech deals. Taalas designs chips tailored to specific AI models; the deal still needs regulatory approval. Cohere also raised US$715.5 million to build a frontier AI company outside the U.S. and China. Powering Growth: Budget 2026 proposes $50 billion over 10 years to expand Canada’s electricity grid, alongside funding for clean power and energy efficiency. Near Regina, Bell’s AI data-centre expansion won final approval despite protests. Research Breakthroughs: Saskatchewan Research Council and Hitachi unveiled TracePoint, billed as the world’s first fully automated indicator-mineral analysis technology. Canadian researchers also launched a national AI platform for personalized pediatric care. Science Leadership: Waterloo battery researcher Linda Nazar received Canada’s top science prize, while former NASA chief economist Michael Greenley was named president of the Canadian Space Agency.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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