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Coinbase, a prominent cryptocurrency company, has launched an advocacy group called "Stand with Crypto" in Canada. This organization, which was previously established in the United States and the United Kingdom, aims to amplify the voices of crypto advocates. At a launch event in Calgary, Coinbase Canada CEO Lucas Matheson and other industry representatives discussed the potential of blockchain and Web3 technology in Canada, particularly in Alberta. The Alberta government has actively promoted the province as a hub for crypto-based technologies and sees blockchain as a way to streamline transactions such as land title sales. Alberta's Innovation Minister, Nate Glubish, highlighted the province's potential to build data centers that would require significant amounts of electricity for AI and crypto mining activities. [Extracted from the article]

Fengate Asset Management has invested $1.31 billion in eStruxture Data Centers to support the expansion of its data centers across Canada. The investment is being made through three funds, including Fengate Infrastructure Fund III, Fengate Infrastructure Fund IV, and LiUNA's Pension Fund of Central and Eastern Canada. Funding for the investment came from newly-raised capital from a consortium of institutional secondary investors. eStruxture, the largest data center provider in Canada, has 15 locations in Montreal, Toronto, Calgary, and Vancouver. This partnership aims to advance Canada's digital landscape and provide scalable and sustainable digital infrastructure solutions. [Extracted from the article]

Japanese telecom conglomerate KDDI plans to expand its Canadian operations after acquiring the nerve center of the Canadian internet, located in downtown Toronto. The company aims to grow its business within its three data centers in Toronto and expand to a fourth or fifth site in the city, as well as other major Canadian cities. KDDI also plans to nearly double its revenue by 2030, with its Canadian operation playing a crucial role in this strategy. The Toronto properties, including the carrier hotel at 151 Front St. W., serve as a hub for multiple telcos and major bandwidth users. Additionally, KDDI sees the increasing demand for artificial intelligence (AI) as an opportunity for growth in the data center industry. The company aims to cater to the needs of AI development and training, which require higher computing power and cooling capacity. KDDI emphasizes its commitment to remaining neutral and maintaining good relations with its diverse array of tenants. [Extracted from the article]

Canada is facing challenges in meeting the electricity demands of artificial intelligence (AI) computing. The country's supply of renewable energy, particularly hydroelectric power, is vast but may not be sufficient to power the increasing number of data centers running AI software. Quebec, which has a significant amount of hydroelectric power, has limited capacity and is only approving data centers that will augment AI computing power for businesses. Other provinces, such as British Columbia, are also trying to attract data centers by offering cheap and green electricity. However, the increasing demand for AI compute power could strain Canada's power grid and require additional generation capacity. [Extracted from the article]

Canada's artificial intelligence (AI) boom presents both opportunities and risks for the country. To maintain its edge in AI, Canada needs more data-processing capacity, including processing power and infrastructure. Startups and researchers require access to affordable compute resources to train AI models and run applications. While cloud giants like Amazon, Microsoft, and Google have data centers in Canada, smaller firms struggle to access the expensive compute resources they need. Canada must address its computational power challenge to thrive in the AI boom. [Extracted from the article]

The article reports on Bitfarms, the Bitcoin mining facility established in Saint-Hyacinthe, Québec. It discusses the data center created to solve the puzzles to verify Bitcoin transactions, the the use of hydroelectricity to power the data center, and the impact of energy consumption on the province's electric utilities.

The hosting solution for Sage customers announced the opening of a new data center in Canada to help Sage partners migrate Canadian customers to the cloud. [ABSTRACT FROM AUTHOR]

EStruxture founder Todd Coleman -- who is American himself -- set up the company in Montreal in 2017, securing Canadian investors including pension fund manager Caisse de Depot et Placement du Quebec and Toronto-based Fengate Asset Management Ltd. "We're 110% focused on Canada", he said in an interview. (Bloomberg) -- Canadian data centers have turned into acquisition magnets. [Extracted from the article]

EStruxture founder Todd Coleman -- who is American himself -- set up the company in Montreal in 2017, securing Canadian investors including pension fund manager Caisse de Depot et Placement du Quebec and Toronto-based Fengate Asset Management Ltd. "We're 110% focused on Canada", he said in an interview. (Bloomberg) -- Canadian data centers have turned into acquisition magnets. [Extracted from the article]

The article focuses on the growth of the cryptocurrency market in Canada and the use of cryptocurrency mining farms in real estate. Topics include the online validation of cryptocurrency transactions such as Bitcoins, the benefits of the mining rigs to real estate businesses, and the business opportunity of Chinese cryptocurrency mining in Canada.

Bell Canada’s all-fibre network is to reach 1.3 million homes and businesses in the Greater Toronto area, stretching to the US border, the company has announced. [ABSTRACT FROM AUTHOR]

Amazon's "Just Getting Started" With Web Services Push in Canada "We're going to continue to listen to what our customers are asking us to do, to continue to invest in Canada", Jeffrey Kratz, head of Amazon Web Services in Canada and Latin America, said in an interview in Toronto on Tuesday. AttributionJeanette Rodrigues: editor primaryMolly Schuetz: editor secondaryGerrit De Vynck: by reporterJillian Ward: editor responsible. [Extracted from the article]

Global Capacity has announced a new Point of Presence (PoP) in Equinix's TR2 datacenter, Toronto, Canada. [ABSTRACT FROM AUTHOR]

I.C.E. Datacenters has opened a new 41,000 sq ft data centre in Markham to provide a "real alternative" to downtown Toronto, Canada. [ABSTRACT FROM AUTHOR]

The article offers information on the purchase of BLACKIRON Data by Rogers Communications from Primus Telecommuncations Group. It states that its purchase will boost its suite of enterprise-level data center and cloud computing services as BLACKIRON Data is a pure-play provider with an estimated 4,000 customers, and with eight data center facilities in five cities of Canada including Toronta, Edmonton, and Vancouver.

The data centers power Amazon Web Services, which rents storage and computing power to other companies. Beyond privacy concerns, the new data centers will also speed processing times for Amazon clients connecting with customers in Canada. [Extracted from the article]

Equinix has made two key expansions this week with the launch of its sixth data centre in London, UK - named LD6 - as well as its TR2 data centre in Toronto, Canada. [ABSTRACT FROM AUTHOR]

The article reports on opening of internet services provider CenturyLink's data centers in the greater Toronto area in Canada as of 2014. The topics discussed include the growing demand from its Canadian market customers for colocation and cloud services, and statistics released by the Toronto Financial Services Alliance on Toronto, Canada's financial centers and technology hubs. Also offered is information on RMS, a catastrophe risk management firm, which is a client of CenturyLink.