canada

Blue Owl leads $2.4b debt deal to fund IREN’s Nvidia chips
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Blue Owl leads $2.4b debt deal to fund IREN’s Nvidia chips

The debt package carries a 9% interest rate and matures in two and a half years.
Naomi Li Gan · · 1 min read
Bitcoin wallet attack nears $89m in losses
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Bitcoin wallet attack nears $89m in losses

The flaw traced to 2021 let attackers recreate a limited set of private keys offline.
Diya Lal · · 1 min read
Meta to build $9b AI data center in Canada
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Meta to build $9b AI data center in Canada

The project will take two to three years to complete and support Meta’s expansion of infrastructure for AI services.
Grace Priscilla Teo · · 1 min read
OpenAI, Broadcom unveil first inference chip
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OpenAI, Broadcom unveil first inference chip

The US chip designer and OpenAI said they are targeting an initial deployment by the end of 2026 as OpenAI builds more of its computing stack.
Aiko Gao Ishida · · 1 min read
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Canadian payments firm Nuvei buys Israel’s Payoneer

The offer of US$7.40 per share values Payoneer at about a 21% premium to its Nasdaq closing price.
Naomi Li Gan · · 1 min read
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Canadian payments firm Nuvei eyes $2.7b Payoneer deal

Payoneer processed US$20.7 billion in payment volume across 559,000 active accounts in Q2 2025.
Grace Priscilla Teo · · 1 min read
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Amazon seeks $10b in record Canada bond offering

The deal would be the largest corporate offering on record in that market.
Diya Lal · · 1 min read
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Bitcoin miner Hive to spend $58m on Toronto AI hub

HIVE’s Toronto site could support about 320 megawatts of power and over 100,000 GPUs.
Aiko Gao Ishida · · 2 min read
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Honda Motor may indefinitely freeze Ontario EV plants

Honda had planned to start the Ontario facilities in 2028, but said in May 2025 that it would delay the project by about two years.
Grace Priscilla Teo · · 2 min read
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Canada reviews limits for Chinese EV import permits

The government is weighing company-specific caps after August 31, and none of the permits had been used as of this week.
Grace Priscilla Teo · · 2 min read