Prime Minister Mark Carney hosted a major investment summit in Toronto with over 167 projects on offer, attracting global investors including OpenAI and BlackRock. OpenAI expressed interest in Canadian data center partnerships, citing available energy and land, while Carney positioned Canada as a 'safe harbour' amid US trade tensions.
Alphabet's Google announced a €13 billion ($15.1 billion) investment to build AI infrastructure in Finland, marking the tech giant's largest single investment in Europe. The investment will include data centers and supporting infrastructure.
Amazon increased its annual capital spending plans following robust cloud computing sales growth, its strongest performance in more than four years, as the company argues AI investments are generating sufficient demand to justify the expenditures.
