11:29:57 EDT Mon 06 Jul 2026
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Shopify Inc
Symbol SHOP
Shares Issued 1,215,069,696
Close 2026-07-03 C$ 171.42
Market Cap C$ 208,287,247,288
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Globe says Shopify helps midwife birth of Turbopuffer

2026-07-06 07:53 ET - In the News

The Globe and Mail reports in its Saturday edition that Simon Eskildsen moved from Denmark to Ottawa and came to run one of the most intriguing companies in artificial intelligence. The Globe's Joe Castaldo writes that his story surfaced on Hacker News, earned a shout-out from The New York Times and caught the eye of Shopify recruiters who later offered him an internship. Mr. Eskildsen knew of Shopify but had never heard of Ottawa. Still, at 18, he moved across the ocean to work as an intern, intending to complete a gap year. When he visited the office, however, he knew, "These are my people." At 31, he is still in Ottawa and assembling his own crew of like-minded people to build Turbopuffer Inc., one of the fastest-growing start-ups in Canada. The company has devised a new, efficient way for AI systems to search for information when serving up answers, while slashing costs for an industry that can't stop losing money. Turbopuffer's customers include Anthropic and at less than three years old, it is on track to bring in more than $100-million (U.S.) in revenue. While other start-ups need tens or hundreds of millions of dollars to scale up, Turbopuffer has required less than $1-million (U.S.) in outside capital.

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