Announcing at NVIDIA GTC 2026, the IR150 delivers 150kW of cooling capacity in a single, pre-integrated enclosure,
Representatives from the UKIPO outline the innovative tools and services that the office has launched – and those it is developing for the future. To read more Register for free for limited access Register for free to receive our newsletter, view leading trademark professionals in WTR 1000 and gain limited access to subscriber content. Register [...]
McGill and Partners and AIG to leverage Agentic AI to support the deployment of insurance capacity to McGill and
LOS ANGELES--(BUSINESS WIRE)--VIDA Vision Fund I today announced the close of its offering to outside investors, with two of its five portfolio companies, SpaceX and xAI, now combined and pursuing a $1.75 trillion IPO. The fund deployed capital into five concentrated positions across space technology, artificial intelligence, and next-generation technology platforms, and within the first year, 45% of the portfolio is positioned for public market exit, provided that the IPO is successful. "We do
Partnership with the Government of Saskatchewan provides access to cutting-edge AI compute, strengthening the provincial and national AI economiesBCE updates 2026 financial guidance targets and 2025-2028 financial outlookThis news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled "Caution Concerning Forward-Looking Statements" later in this news release.REGINA, SK, March 16, 2026 /CNW/ - Bell Canada and the Government of Saskatchewan today announced a transformational step forward for Bell AI Fabric and for Canada's AI future: a new 300 MW data centre in the Rural Municipality of Sherwood, Saskatchewan, just outside of Regina. This major investment aligns with Bell's strategic priority to lead in enterprise with AI-powered solutions and will significantly increase Canada's domestic compute capacity while supporting Saskatchewan's long-term economic growth and diversification. This project is Bell's largest-ever investment in Saskatchewan – an unprecedented commitment to Saskatchewan's technology ecosystem that places the province at the centre of Canada's AI-driven economic growth. Once complete, it will be the largest purpose-built AI data centre development anywhere in Canada.Over time, the facility is projected to generate economic value of up to $12 billion for the province, including short- and long-term job creation, tax revenues and broader economic benefits. Construction will support at least 800 jobs in the trades and engineering, with a minimum of 80 full-time roles created once the facility is fully operational. Based on industry research, as many as 750 additional community jobs could result from a large data centre deployment of this nature.Construction is scheduled to begin this spring. The facility will come online in stages, with individual data halls entering service on a rolling basis. The first stage is expected to come online in the first half of 2027.Importantly, a significant portion of the facility's power will be dedicated to sovereign AI compute, ensuring that government agencies, researchers and enterprises in Canada can access top-tier AI power while guaranteeing their data remains within Canada, meeting strict chain-of-custody and residency requirements.The facility will be linked to Bell's national fibre backbone through a partnership with SaskTel. Together, Bell and SaskTel will act as go-to-market partners, offering AI-powered products and solutions to SaskTel customers.The new facility will serve as a regional hub for advanced compute capabilities, expanding Canada's AI ecosystem while generating significant economic benefits for Saskatchewan.Compute partnershipsCerebras and CoreWeave are secured as the tenants for the new facility. Cerebras will provide AI Fabric customers access to its revolutionary wafer-scale technology, which will deliver large-scale, high-performance AI inference and training capacity. CoreWeave will deliver cutting-edge, scalable AI compute hosted on NVIDIA GPUs.Community impactAs part of the partnership with the provincial government, Bell will support strategic AI use cases for Saskatchewan postsecondary institutions, municipalities and the public sector. Bell will also explore opportunities for collaboration with students and faculty from Saskatchewan Polytechnic and the University of Regina.Bell has entered into an agreement with the George Gordon First Nation with a focus on Indigenous procurement participation and workforce development.Consistent with all Bell AI Fabric data centre builds, the project uses a closed-loop cooling system that does not draw from municipal water resources. Additionally, advanced discussions are underway regarding a district energy system that would enable waste heat reuse on nearby university campuses and in a development project led by George Gordon Developments Ltd., located directly north of the site.Quotes"Bell is drawing on its historic roots as a Canadian technology leader and nation builder through ambitious projects like Bell AI Fabric, by building a digital backbone to power the future of the Canadian economy. Today's announcement is an exciting illustration of the impact of Bell's strategic priority to lead in enterprise with AI-powered solutions. Our largest-ever investment in Saskatchewan will deliver the cutting-edge, high-performance compute necessary to innovate at speed, bring major economic benefits to the province and create a competitive advantage for our country. We're thrilled to partner with the Government of Saskatchewan to ensure Canada can compete and win in the AI economy." - Mirko Bibic, President & CEO, BCE and Bell Canada"The announcement of this facility is great news for Saskatchewan's economy. This investment by Bell will create jobs, strengthen provincial research capacity, and facilitate the creation of new businesses built on advanced capabilities." - The Honourable Scott Moe, Premier of Saskatchewan"AI is becoming foundational national infrastructure. Countries want AI systems that are fast, energy-efficient, and sovereign by design, and partnering with Bell allows us to bring industry-leading AI compute to Canada in a way that aligns with these national priorities." - Andrew Feldman, CEO and Co-founder, Cerebras"Canada has an extraordinary AI ecosystem, and expanding access to advanced compute will help unlock new opportunities for innovation, economic growth and scientific discovery. We're excited to work with Bell AI Fabric to deliver the high-performance AI infrastructure researchers, enterprises and developers need to innovate at scale." - Sachin Jain, Chief Operating Officer, CoreWeave"On behalf of George Gordon Developments, the business arm of George Gordon First Nation, we are excited to partner with Bell AI Fabric on this major economic project. George Gordon First Nation has a history of working with industry leaders to ensure long-term mutual benefits that lead to measurable community outcomes while respecting our treaty rights, cultural protocols and environmental stewardship. George Gordon First Nation will support and collaborate directly with Bell Canada to ensure the success of this project for the members of George Gordon First Nation and the Province of Saskatchewan." - Shawn R. Longman, Chief, George Gordon First NationCall with financial analystsBCE will hold a conference call with the financial community to discuss this announcement today, March 16 at 8:00 a.m. eastern. Media are welcome to participate on a listen-only basis. To participate, please dial toll-free 1-800-990-2777 or 416-855-9085. You will be asked to enter Conference ID 93039. A replay will be available until midnight on April 16, 2026 by dialing 1-888-660-6264 or 289-819-1325 and entering passcode 93039. A live audio webcast of the conference call will be available on BCE's website at Bell AI Fabric data centre in Saskatchewan conference call.BCE financial informationGiven the material impact of this transformational announcement and its expected positive impact on BCE's financial profile, BCE is updating its 2026 financial guidance targets, as originally provided on February 5, 2026, and its 2025-2028 financial outlook, as originally provided on October 14, 2025, per the tables below. The financial guidance, which has been updated solely to reflect the expected financial impact of the new data centre, reflects BCE's confidence in strong revenue, adjusted EBITDA and free cash flow1 growth.BCE is also increasing its objective for AI-powered solutions revenue2 from approximately $1.5 billion by 2028 to approximately $2.0 billion by 2028.The construction of this facility will require approximately $1.7 billion of incremental capital expenditures, with approximately $1.3 billion expected to be incurred in 2026, funded through a combination of debt and cash-on-hand. On a run-rate adjusted EBITDA1 basis, the transaction is expected to be leverage-neutral. BCE remains focused on achieving its target net debt1 leverage ratio1 of 3.5x by the end of 2027, falling below 3.5x in 2028, and intends to continue reducing leverage toward its policy level of approximately 3.0x by 2030.BCE 2026 updated financial guidance targets3($ millions)2025 Results 2026 Prior Guidance 2026 Current Guidance Revenue growth0.2 %1% to 5%No changeAdjusted EBITDA growth0.7 %0% to 4%No changeCapital intensity415.1 %~20%(~$1.3B of incremental capital expenditures)Adjusted EPS1 growth(7.9 %)(11%) to (5%)No changeFree cash flow growth10.0 %4% to 10%$3,300 to $3,500(34%) to (28%)$2,100 to $2,300Annualized common dividend per share $1.75$1.75No change BCE 2025-2028 updated financial outlook2028 Prior Outlook2028 Current OutlookRevenue CAGR 2025-2028E2% - 4%2.5% - 4.5%Adjusted EBITDA CAGR 2025-2028E2% - 3%3% - 4%Capital intensity~14%No changeFree cash flow CAGR 2025-2028E~ 7%~ 8.5%Free cash flow after payment of lease liabilities1 CAGR 2025-2028E ~ 15%~ 16.5%Net debt leverage ratioNo change_______________________1 Adjusted EBITDA is a total of segments measure. The most directly comparable financial measure for adjusted EBITDA ($10,658 million for 2025) under IFRS Accounting Standards is net earnings ($6,514 million for 2025). Adjusted EPS is a non-GAAP ratio. Net debt used in the calculation of the net debt leverage ratio is a non-GAAP financial measure. Net debt leverage ratio is a capital management measure. The most directly comparable financial measures for net debt ($40,234 million for 2025) under IFRS Accounting Standards is long-term debt ($34,904 million for 2025), debt due within one year ($6,155 million for 2025) and cash and cash equivalents ($320 million for 2025). Free cash flow is a non-GAAP financial measure. The most directly comparable financial measure for free cash flow ($3,178 million for 2025) under IFRS Accounting Standards is cash flows from operating activities ($6,993 million for 2025). Free cash flow after payment of lease liabilities is a non-GAAP financial measure. The most directly comparable financial measure for free cash flow after payment of lease liabilities ($2,051 million for 2025) under IFRS Accounting Standards is cash flows from operating activities ($6,993 million for 2025). Refer to the Non-GAAP and Other Financial Measures section in this news release for more information on these measures.2 AI-powered solutions revenue is comprised of revenues from Ateko, Bell Cyber and Bell AI Fabric.3 The guidance ranges above are unaffected by the pending divestiture of Northwestel.4 Capital intensity is defined as capital expenditures divided by operating revenues. Refer to the Key Performance Indicators (KPIs) section in this news release for more information on capital intensity.Please see the section entitled "Caution Regarding Forward-Looking Statements" later in this news release for a description of the principal assumptions on which BCE's 2026 and 2028 financial guidance targets are based, as well as the principal related risk factors.About BellBell is Canada's largest communications company5, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we're keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.5 Based on total revenue and total combined customer connections.Media inquiries: Adam Austen<a xmlns="http://www.w3.org/1999/xhtml" href="mailto:
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NRx has received confirmatory FDA minutes from in-person Type C meeting attended by leadership of FDA Division of Psychiatry, FDA Office of Neuroscience, and FDA Center for Drug Evaluation and Research.Minutes are consistent with previously announced oral guidance outlining a path to New Drug Approval of NRX-100 for a broadened indication of treating depression, including patients with suicidality.FDA confirmed willingness to review existing Adequate and Well Controlled Clinical Trial data as Substantial Evidence of Efficacy together with Real World Evidence from Osmind, Inc. as confirmatory evidence of efficacy.No additional clinical trials were requested.Company intends to sumbit its New Drug Application for NRX-100 by June 2026.WILMINGTON, Del., March 16, 2026 (GLOBE NEWSWIRE) -- NRx Pharmaceuticals, Inc. (NASDAQ:NRXP), a clinical-stage biopharmaceutical company, today announced that it has received confirmatory minutes from an in-person Type C guidance meeting at the headquarters of the US Food and Drug Administration. The meeting was attended by leaders of the FDA Division of Psychiatry Products, the FDA Office of Neuroscience, and the FDA Center for Drug Evaluation and Research.The minutes support FDA's willingness to review NRx's application for New Drug Approval of NRX-100 (preservative-free ketamine) based on Substantial Evidence of Effectiveness derived from existing adequate and well controlled trials. No additional clinical trials were requested. NRx agreed with FDA to submit existing patient-level data for review.In the trials discussed with FDA, ketamine has demonstrated dramatic superiority to placebo and to active placebo, together with non-inferiority versus electroshock therapy. Moreover, ketamine has demonstrated statistically significant reduction in suicidal ideation. Notably, electroshock therapy, the only currently-approved treatment for suicidal ideation demonstrated a 30% incidence of memory loss, whereas ketamine did not.The FDA minutes additionally confirm FDA's willingness to review Real World Evidence as confirmatory evidence of efficacy. Preliminary analysis of that Real World Evidence confirms the effectiveness of intravenous ketamine both in reducing depression and suicidal ideation.Based on the ...Full story available on Benzinga.com
NEW YORK--(BUSINESS WIRE)--McGill and Partners and American International Group, Inc. (NYSE: AIG) today announced a significant strategic collaboration for the subscription market that will provide clients with seamless access to exceptional insurance solutions, backed by long-term, high-quality insurance capacity and capital. As part of the initiative, AIG and McGill and Partners will leverage agentic AI capabilities to manage the deployment of capacity to clients. Through the collaboration, A
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SAN FRANCISCO & NEW YORK--(BUSINESS WIRE)--Abra, a Digital Asset Wealth Management Platform, to Become a Public Company via Business Combination With New Providence Acquisition Corp. III
Defence Minister David McGuinty holds a news conference in Ottawa about Canada's sovereign space program.
WhatsApp Business could potentially start charging users who want to link more than four devices to the same account in a future update.
A bug in Google Messages is causing severe battery drain and overheating on some devices. Here's a temporary fix while you wait for Google to push an update.
Redmi 10 Power Price in India: Redmi has launched its new smartphone Redmi 10 Power in India. The smartphone was launched along with Redmi 10A, on Wednesday, 20 April in India
The premium Alienware m15 R7 and m17 R5 highlight four new Ryzen-powered systems.
Apple is offering its new firmware update for the MagSafe accessory that promises to give you faster charging for the compatible iPhone models.
System apps with native call-recording functionality remain unaffected.
The OnePlus Nord 2T India launch may take place soon as the moniker has been spotted on the TDRA certification. The OnePlus Nord 2T's camera details have also been leaked. Here are the expected specifications of the device.
The iPhone 16 is likely to be the first Apple device to skip the camera notch.
Garena Free Fire Max redeem codes are 12-digit codes that are region-specific and can be used by players to gain an edge over rivals in every round of the battle royale game.
We are still not sure that no-charger policy will be limited to Narzo 50A Prime or it will be extended to other Realme budget, mid-segment and premium phones
