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Artificial Intelligence

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OpenAI files confidential SEC paperwork for IPO, opening the door to a Wall Street debut

Matt O'brien, The Associated Press 5 minute read Preview

OpenAI files confidential SEC paperwork for IPO, opening the door to a Wall Street debut

Matt O'brien, The Associated Press 5 minute read Updated: 9:30 AM CDT

ChatGPT maker OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts.

The San Francisco-based company said Monday it has filed confidential paperwork with the U.S. Securities and Exchange Commission.

“We expect it to leak so we’re just announcing it,” the company said in a statement. “We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.”

OpenAI's move follows its rival Anthropic's June 1 disclosure that it is also moving toward an initial public offering of shares. Both are now following Elon Musk's rocket company SpaceX, which has started an IPO roadshow pitching itself as an AI-focused space company.

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Updated: 9:30 AM CDT

Apple unveils an upgraded Siri voice assistant with new AI features at its annual conference

Barbara Ortutay, The Associated Press 4 minute read Preview

Apple unveils an upgraded Siri voice assistant with new AI features at its annual conference

Barbara Ortutay, The Associated Press 4 minute read Updated: 9:34 AM CDT

CUPERTINO, Calif. (AP) — Apple on Monday unveiled new artificial intelligence advances including upgrades to its Siri assistant, emphasizing a focus on privacy and day-to-day use as the iPhone maker tries to catch up to rivals when it comes to AI.

Siri AI, which was introduced at the start of Apple's annual World Wide Developers Conference, has been highly anticipated by users and developers. While Siri was launched in 2011, it fell behind other voice assistants and was derided even by Apple fans.

It is the last WWDC featuring CEO Tim Cook before he turns his post over to John Ternus in September. Cook received an extended standing ovation and told the audience he is “deeply grateful to have been on this journey with you” and said “the energy around Apple platforms has never been stronger.”

The conference, which drew developers from some 65 countries to Apple’s Silicon Valley headquarters, focuses on software, in contrast to the fall unveiling of the latest iPhones.

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Updated: 9:34 AM CDT

Louis Riel School Division embraces AI agents of change

Maggie Macintosh 5 minute read Preview

Louis Riel School Division embraces AI agents of change

Maggie Macintosh 5 minute read Friday, Jun. 5, 2026

End-of-year report cards will be drafted using a new digital assistant made by and for teachers working in St. Vital and surrounding communities in southeast Winnipeg.

The Louis Riel School Division’s data team has spent much of the 2025-26 school year designing and piloting secure artificial intelligence-powered tools to address common problems for staff and students.

Curriculum-Linked Assessment and Reporting Assistant is one of its five new “AI agents.”

“Teachers put in all their assessment data and it helps them create meaningful, curriculum-aligned, jargon-free comments for parents,” said Marnie Wilson, data strategy officer for the division.

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Friday, Jun. 5, 2026

Premier pulls plug on proposed AI data centre

Aaron Epp 4 minute read Preview

Premier pulls plug on proposed AI data centre

Aaron Epp 4 minute read Thursday, Jun. 4, 2026

Premier Wab Kinew says a massive artificial intelligence data centre southeast of Winnipeg will not go ahead.

“The very limited economic benefits for this project do not outweigh the serious environmental concerns and the unique rural way of life that people in the region enjoy,” Kinew told reporters at the Manitoba legislature on Thursday.

The public should be skeptical about “hyperscale” data centres that are being proposed in many jurisdictions, he added.

“It’s very clear AI is transforming our economy and our society,” Kinew said. “But I think Manitobans want that to happen in a way where AI serves us and we’re not servants of AI.”

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Thursday, Jun. 4, 2026

Trump signs an executive order that invites vetting of top AI models for national security risks

Matt O'brien, The Associated Press 4 minute read Preview

Trump signs an executive order that invites vetting of top AI models for national security risks

Matt O'brien, The Associated Press 4 minute read Wednesday, Jun. 3, 2026

President Donald Trump signed an executive order on oversight of artificial intelligence Tuesday, less than two weeks after postponing a White House ceremony over his concerns that a similar policy could dull America’s technological edge.

The order establishes a framework for the federal government to vet the national security risks of the most advanced AI systems for up to a month before their public release. Participation by AI developers would be voluntary, the order says.

“Advanced AI capabilities make our Nation stronger, but also introduce new national security considerations that require coordinated action across executive departments and agencies,” the order says.

It was not immediately clear to what extent the order differed from the one Trump declined to sign on May 21.

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Wednesday, Jun. 3, 2026

Canadian, U.S. stock markets notch new record highs amid continued AI boom

Daniel Johnson, The Canadian Press 4 minute read Preview

Canadian, U.S. stock markets notch new record highs amid continued AI boom

Daniel Johnson, The Canadian Press 4 minute read Wednesday, Jun. 3, 2026

TORONTO - Stock markets in Canada and the U.S. reached new highs, powered by gains in energy and AI, respectively.

Theresa Shutt, chief investment officer at Harbourfront Wealth Management, said themes around higher risk appetite driven by “AI fervour” helped lift the U.S. market. She said this was somewhat counterbalanced by lingering tensions between the U.S. and Iran and concerns that the market has risen too high.

The S&P/TSX composite index was up 434.57 points at 35,169.46.

In New York, the Dow Jones industrial average was up 228.91 points at 51,307.79. The S&P 500 index was up 9.82 points at 7,609.78, while the Nasdaq composite was up 7.09 points at 27,093.90. The S&P 500 rose 0.1 per cent after drifting between small gains and losses through the day.

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Wednesday, Jun. 3, 2026
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Quebec moves ahead with AI cultural databank project

Frédéric Lacroix-Couture, The Canadian Press 4 minute read Preview
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Quebec moves ahead with AI cultural databank project

Frédéric Lacroix-Couture, The Canadian Press 4 minute read Tuesday, Jun. 2, 2026

MONTREAL - Quebec's national library is moving ahead with plans to create a database of cultural and government content that could be used to train artificial intelligence systems and improve their understanding of Quebec society, culture and Indigenous languages.

Bibliothèque et Archives nationales du Québec, or BAnQ, the province's national library and archives institution, has launched the experimental phase of its proposed government and cultural databank in French and Indigenous languages after completing a feasibility study earlier this year.

The project aims to address concerns that major generative AI systems often struggle to provide reliable information about Quebec society, economy and culture because of the limited amount of Quebec-related data available to them.

"All scenarios are a little bit on the table right now," Valérie D'Amour, who led the feasibility study, said in an interview. "We have a lot of ideas and we want to validate the possibilities with cultural stakeholders, as well as with data owners and providers, who will be involved in the discussions."

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Tuesday, Jun. 2, 2026

Investors can roll dice on emerging technologies that may or may not shape future, portfolios’ net worth

Joel Schlesinger 6 minute read Preview

Investors can roll dice on emerging technologies that may or may not shape future, portfolios’ net worth

Joel Schlesinger 6 minute read Saturday, May. 30, 2026

We live in hyperstitious times.

A philosopher named Nick Land coined the word hyperstition in the 1990s, describing the sense of living today in science fiction of the past.

Investors may have that same sensation, given the dominance of artificial intelligence in their portfolios.

Yet AI is arguably more than an advanced chat-bot/search engine. It is “the fabric that’s binding” together a lot of other science fiction-like technologies, moving them closer to viable commercialization, says Mickey Ganguly, associate portfolio manager for the CIBC Technology Innovation Fund.

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Saturday, May. 30, 2026
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Carney discussed artificial intelligence with Pope Leo

Anja Karadeglija, The Canadian Press 2 minute read Preview
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Carney discussed artificial intelligence with Pope Leo

Anja Karadeglija, The Canadian Press 2 minute read Saturday, May. 30, 2026

OTTAWA - Prime Minister Mark Carney told Pope Leo XIV on Friday that Canada wants to take a leadership role in the responsible development of artificial intelligence.

The conversation happened days after the Pope called for robust regulation of AI.

"They discussed the imperative that AI must serve humanity, beginning with the protection of the individual," the Prime Minister's Office said in a release.

"Prime Minister Carney expressed Canada’s desire to lead internationally on responsible AI and tools to benefit the global community."

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Saturday, May. 30, 2026

Ohio suspends data center tax break as tech firms face pressure to pay the cost to power AI

Marc Levy, The Associated Press 4 minute read Preview

Ohio suspends data center tax break as tech firms face pressure to pay the cost to power AI

Marc Levy, The Associated Press 4 minute read Friday, May. 29, 2026

Ohio, one of the nation’s data center destination hot spots, is suspending a tax break that has been critical to its competition with other states to attract the massive new facilities that power and train artificial intelligence chatbots.

The move Wednesday by Republican Gov. Mike DeWine comes as tax breaks for energy-hungry AI data centers are increasingly playing a role in state budgets and the industry is under pressure to pay the full costs of the vast network of its computing warehouses needed to power AI.

The size of Ohio's tax break skyrocketed, dwarfing previous projections, as opposition to data centers is sweeping through cities, suburbs and towns there and prompting lawmakers to form a committee to study the impact.

In the meantime, residents are trying to bypass the GOP-controlled Legislature and get a referendum on November's midterm election ballot that's designed to permanently ban hyperscale data centers, likely the strictest such statewide ban under consideration in the U.S.

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Friday, May. 29, 2026