The Financial Post reports in its Tuesday edition that demand for data centre capacity in Canada is causing BCE to accelerate work on its new artificial intelligence business, and the construction of new facilities is ahead of schedule. A Bloomberg dispatch to The Post says that Canada's biggest telco by revenue introduced its Bell AI Fabric division last year, which aims to provide computing power driven by 73 megawatts of electricity. BCE has partners in the data centre build out, such as Groq Inc. and Hive Digital Technologies, which make the bulk of the investment and manage the servers. BCE has committed to invest $300-million, with the expectation that the business will produce about $400-million in revenue by 2028. "The growth of AI Fabric from a standing start in May of 2025 is faster than I anticipated," BCE chief executive officer Mirko Bibic said in Montreal.
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