
Lately: Canadian CEOs embrace AI, Wikipedia's unsung heroes and the joy of screen-free events
🤖 Canadian CEOs embrace AI. But what does that mean for workers?
💸 Shopify becomes Canada's most valuable company
✍️ Meet the Wikipedia editors keeping the website one of the last best places online
✂️ The offline joy of collaging parties
In June, a Vancouver-based software company cut nearly half its staff, a move the chief executive officer said would help the company reinvent itself and inject AI into every facet of their operations. A healthy company, the CEO argued, is no longer one that is merely adding people, but one that's growing with fewer people. This point of view is becoming more popular among Canadian CEOs.
Reporters Joe Castaldo and Sean Silcoff spoke to more than a dozen CEOs, who found there's been a notable shift this year in approaching AI: instead of simply nudging employees to try it out, some companies are bringing AI tools to everyone, and mandating that employees use them – or else.
The promises of AI – more productivity, lower costs – is enticing to CEOs. But for everybody else, including the workers who will be laid off, it's a potentially destabilizing force. Read the full story here.
In any given month, Wikipedia gets more than four billion page views globally, but only a tiny sliver of those visitors will actually make edits to the website. An army of volunteers writes and edits article pages, removes vandalism and misinformation, and adds citations. The internet runs on these kinds of quiet acts of online altruism: the unsung heroes who upload fresh menus on Google, moderate Reddit forums, or post honest product reviews on Amazon amid the flood of fake ones.
In its nearly 25 years of existence, Wikipedia has been able to adapt to the changing tides of the internet. But now, it faces an existential threat. Editors are fearful that as more people use AI chatbots such as ChatGPT or Gemini to find information, they won't need Wikipedia. Read my full story here.
Shopify regained its position as the most valuable company in Canada. On Wednesday, its shares on the Toronto Stock Exchange closed up 22 per cent, giving the company a market capitalization of $275.7-billion – replacing the former top stock, Royal Bank of Canada. Analysts had worried that U.S. tariffs and the suspension of de minimis exemptions, which allow products worth less than US$800 to enter the U.S. tariff-free, would affect Shopify's growth by slowing shipments. But in an earnings call, the company's chief financial officer said they hadn't seen a drop in U.S. demand and that, in fact, sales accelerated.
OpenAI says latest ChatGPT upgrade is big step forward but still can't do humans' jobs (The Guardian)
Age verification is sweeping gaming. Is it ready for the age of AI fakes? (WIRED)
First came Tea. Then came the male rage (The Atlantic)
Devices that stick to your forehead, $500 rings, high-tech headbands and eye masks: there's no shortage of sleep tracking technology that promise to improve your sleep. But do these gadgets actually work? A recent national survey found that one in five Canadians uses wearable devices to monitor their sleep. Of the users surveyed, 45 per cent said their tracker had a positive impact on their sleep, while 4.5 per cent felt this made their sleep worse. That latter group makes up only a small percentage, but sleep researchers say it nonetheless highlights a new kind of sleep problem: orthosomnia.
The term refers to an unhealthy and perfectionistic pursuit of the 'perfect' sleep – often triggered by the feedback from wearable devices. Paradoxically, anxiety about sleeping makes it harder to sleep in the first place. So while tracking data could be helpful to identify optimal bed and wake times, you also run the risk of becoming so obsessed with your sleep stats, you can't get a good night's rest.
Earlier this summer, I attended a collage party at a magazine shop in Toronto. For two hours, I cut up old magazines and books, meticulously arranging and then gluing together my found paper treasures. These kinds of collage events have popped up in cities across Canada – proof that, while collaging may evoke middle-school sleepovers, it's being revived as a creative outlet for a new crowd hungry for offline social interactions.
That's part of the reason I wanted to attend and write about my experience. I cover online culture, so understandably, most of my reporting involves being very online. But something I've noticed in the past couple years is that people are actively trying to spend less time online, which has led to a rise of analogue, old-timey events such as chess clubs, board game nights, silent reading clubs or speed puzzling competitions. The appeal is partly to meet new people somewhere other than bars, and partly as an antidote to infinite doom-scrolling. None require a screen.
Some of these events are definitely catered to the Gen Z crowd, but at the collage night I attended, there was a range of ages – a testament that all types of people are craving in-person activities.

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Globe and Mail
27 minutes ago
- Globe and Mail
Digi Power X Reports Solid Mid-Year Financial Position, Removal of ‘Going Concern' Risk and Positive Adjusted EBITDA in Q2 2025
This news release constitutes a 'designated news release' for the purposes of the Company's prospectus supplement dated May 30, 2025 to its short form base shelf prospectus dated May 15, 2025. MIAMI, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (' Digi Power X ' or the ' Company ') (Nasdaq: DGXX / TSXV: DGX), an innovative energy infrastructure company specializing in Tier 3 AI data centers, high-performance computing and sustainable digital asset operations, today announced its unaudited financial results for the three and six months ended June 30, 2025 (all amounts in U.S. dollars, unless otherwise indicated). The Company's unaudited consolidated financial statements and management's discussion and analysis (' MD&A ') for the three and six-month period ended June 30, 2025, have been filed and made accessible under the Company's continuous disclosure profile on SEDAR+ at and are also available on the SEC's EDGAR website at Q2 Highlights Going Concern Removed – Significant balance sheet improvements have eliminated the 'going concern' risk previously disclosed in financial statements. Positive Adjusted EBITDA* achieved in Q2 2025, representing a major milestone toward sustainable profitability. Positive Working Capital Position Capital Raises – $6.6 million private placement + $4.5 million from warrant exercises = $12.9 million in Q2 2025. No long-term debts – Eliminated all loans payable and reduced accounts payable by more than $3.6 million since year-end 2024. Colocation revenue for the first six months of 2025 climbed to $9.57 million, a 163% increase year-over-year. Strategic & Operational Updates First B200 GPU Cluster Deployment on Track – In partnership with Super Micro Computers, Inc. (SMCI), the Company remains on schedule to have its first NVIDIA B200 GPU cluster fully operational by Q1 2026, marking a major milestone in its AI infrastructure roadmap. Advanced AI Customer Discussions – The Company is in advanced discussions with multiple AI customers to secure long-term infrastructure contracts, which are expected to increase revenue growth once finalized. Increased Energy Sales Revenue – Energy sales grew 127% year-over-year in Q2 2025 to $5.7 million, monetizing power assets alongside core colocation services. Operational Streamlining – Reduced cost of revenue and depreciation expenses by over $6.3 million compared to the first half of 2024, positioning the Company for improved margins ahead. Current Financial Position Strong Liquidity Position – As of today, Digi Power X holds over $30 million in cash, Bitcoin, Ethereum and cash equivalents, its strongest liquidity position in company history. Post-Quarter Capital Boost – Subsequent to quarter-end, the Company raised an additional $1.83 million through warrant exercises. 'The removal of the going concern risk and our achievement of over $30 million in cash and equivalents, including holdings of approximately 80 Bitcoin and 715 Ethereum, is a transformational moment for Digi Power X,' said Michel Amar, Chief Executive Officer of the Company. 'We now have the financial strength and operational momentum to capitalize on the rapidly expanding AI infrastructure market, with our first NVIDIA B200 GPU cluster set to go live in Q1 2026 and a pipeline of AI infrastructure contracts in advanced negotiations.' Looking ahead The Company expects continued strength in colocation and AI infrastructure deployments in the second half of 2025, supported by rising demand from enterprise AI, fintech and data-intensive sectors. Strong partnerships and enhanced liquidity position Digi Power X to pursue larger-scale projects, including planned expansions in Alabama and North Carolina. Digi Power X expects: Multiple AI customer contracts to be signed in Q4 2025 First B200 GPU cluster operational in Q4 2025/Q1 2026 Continued colocation and AI infrastructure growth supported by strong partnerships and expanded capacity Operations Update The Company currently operates with approximately 100MW of available power across its three sites and is working to expand its capacity to 200MW and beyond. The Company plans to fuel this growth using its existing asset portfolio, combined with strategic expansion through targeted acquisitions. At-the-Market Financing Update On May 30, 2025, the Company entered into an at-the-market sales agreement with A.G.P./Alliance Global Partners as sales agent (the 'Agent'), pursuant to which the Company established an at-the-market equity program (the 'ATM Program'). From the commencement of the ATM Program through June 30, 2025, the Company issued 806,291 subordinate voting shares in exchange for gross proceeds of $1,759,800, at an average share price of $2.13, and received net proceeds of $1,715,597 after paying commissions of $44,203 to the Agent. About Digi Power X Digi Power X is an innovative energy infrastructure company that develops data centers to drive the expansion of sustainable energy assets. For further information, please contact: Michel Amar, Chief Executive Officer Digi Power X Inc. Investor Relations T: 888-474-9222 Email: IR@ Cautionary Statement Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements Except for the statements of historical fact, this news release contains 'forward-looking information' and 'forward-looking statements' (collectively, 'forward-looking information') that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. Forward-looking information in this news release includes information about the Company's expectations concerning the timeline for implementing its strategic plans, including as part of its various partnerships; the strength of demand for AI-related and colocation services; the issuance of a patent in respect of the ARMS system, deployment of the NVIDIA Blackwell 200 GPUs and the timing for and impact of that deployment potential further improvements to profitability and efficiency across the Company's operations, including, as a result of the Company's expansion efforts, potential for the Company's long-term growth and clean energy strategy, and the business goals and objectives of the Company. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: results of provisional utility patent application are uncertain and may not result as anticipated by Company, including the issuance of a nonprovisional utility patent, which may not occur on a timely basis or at all; delivery of equipment and implementation of systems may not occur on the timelines anticipated by the Company, or at all; future capital needs and uncertainty of additional financing; share dilution resulting from equity issuances; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; effects on Bitcoin prices as a result of the most recent Bitcoin halving; development of additional facilities and installation of infrastructure to expand operations may not be completed on the timelines anticipated by the Company, or at all; ability to access additional power from the local power grid and realize the potential of the clean energy strategy on terms which are economic or at all; a decrease in cryptocurrency pricing, volume of transaction activity or generally, the profitability of cryptocurrency mining; further improvements to profitability and efficiency may not be realized; development of additional facilities to expand operations may not be completed on the timelines anticipated by the Company; ability to access additional power from the local power grid; an increase in natural gas prices may negatively affect the profitability of the Company's power plant; the digital currency market; the Company's ability to successfully mine digital currency on the cloud; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company's operations; the volatility of digital currency prices; and other related risks as more fully set out in the Annual Information Form of the Company and other documents disclosed under the Company's filings at and The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about, among other things, the current profitability in mining cryptocurrency (including pricing and volume of current transaction activity); profitable use of the Company's assets going forward; the Company's ability to profitably liquidate its digital currency inventory as required; historical prices of digital currencies and the ability of the Company to mine digital currencies on the cloud will be consistent with historical prices; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the negative impact of regulatory changes in the energy regimes in the jurisdictions in which the Company operates; and there will be no regulation or law that will prevent the Company from operating its business. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainties therein. The Company undertakes no obligation to revise or update any forward-looking information other than as required by applicable law. * ADJUSTED EBITDA – NON-IFRS MEASURE Adjusted EBITDA is a non-IFRS financial measure and should be read in conjunction with and should not be viewed as an alternative to or replacement of measures of operating results and liquidity presented in accordance with IFRS. Readers are referred to the reconciliations of non-IFRS measures included in the Company's MD&A and in the table below. The following table provides a reconciliation of net income to Adjusted EBITDA for the first two quarters of 2025: Q2 2025 Q1 2025 $ $ Loss before other items (10,385,750) (1,688,532) Taxes and Interest 20,390 (6,923) Depreciation 1,573,691 2,172,791 Revaluation of warrant liabilities 3,431,921 (2,919,893) FX 3,538,930 63,294 FV Changes (450,288) 109,966 Share based compensation 2,069,041 1,038,785 Adjusted EBITDA 248,223 (1,340,478) (U.S.$ in thousands except per share data) Six Months Ended June 30 2025 June 30 2024 Revenue from digital currency mining 2,161 9,779 Revenue from colocation services 9,570 3,637 Revenue from sale of electricity - 6,283 Revenue from sale of energy 5,657 2,490 Cost of sales (15,252) (17,177) Depreciation and amortization (3,746) (7,903) Gross profit (loss) (1,611) (2,890) General and administrative and other expenses (3,886) (2,262) Foreign exchange (3,602) 2,003 Gain on disposition of cryptocurrencies 654 271 Change in FV of loan payable and salaries payable (283) (20) Other Income - 14 Share based compensation (3,108) (750) Gain on revaluation of digital currencies 286 49 Operating loss (11,549) (3,586) Revaluation of warrant liabilities (512) 3,682 Net financial expenses (13) (17) Net loss before income taxes (12,074) 79 Deferred tax (expense) recovery - - Net income (loss) for the year (12,074) 79 Foreign currency translation adjustment 3,205 (1,847) Revaluation of digital currency, net of tax - - Total comprehensive income (loss) for the year (8,869) (1,768) Basic and diluted income (loss) per share (0.34) 0.00 Weighted average number of subordinate voting shares outstanding – diluted 35,799,779 29,297,364


Globe and Mail
27 minutes ago
- Globe and Mail
NextNRG to Host Second Quarter 2025 Financial Results Conference Call on August 15, 2025 at 9:00 a.m. ET
MIAMI, Aug. 14, 2025 (GLOBE NEWSWIRE) -- NextNRG, Inc. (NASDAQ: NXXT) a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered through its Next Utility Operating System®, smart microgrids, wireless (in-motion) EV charging, and mobile fuel delivery, today announced it will host a conference call on Friday, August 15, 2025 at 9:00 a.m. Eastern Time to discuss its financial results for the second quarter ended June 30, 2025. Conference Call Details Webcast Access A live audio webcast of the call will be available at: The webcast will be archived for 12 months following the call. Replay Information A replay of the conference call will be available beginning approximately one hour after the call and will remain accessible through August 29, 2025: About NextNRG, Inc. NextNRG Inc. (NextNRG) is Powering What's Next by implementing artificial intelligence (AI) and machine learning (ML) into renewable energy, next-generation energy infrastructure, battery storage, wireless electric vehicle (EV) charging, and on-demand mobile fuel delivery to create an integrated ecosystem. At the core of NextNRG's strategy is its Next Utility Operating System®, which leverages AI and ML to help make existing utilities' energy management as efficient as possible, and the deployment of NextNRG smart microgrids, which utilize AI-driven energy management alongside solar power and battery storage to enhance energy efficiency, reduce costs, and improve grid resiliency. These microgrids are designed to serve commercial properties, healthcare campuses, universities, parking garages, rural and tribal lands, recreational facilities, and government properties, expanding energy accessibility while supporting decarbonization initiatives. NextNRG continues to expand its growing fleet of fuel delivery trucks and national footprint, including the acquisition of Yoshi Mobility's fuel division and Shell Oil's trucks, further solidifying its position as a leader in the on-demand fueling industry. NextNRG is also integrating sustainable energy solutions into its mobile fueling operations. The company aims to be an integral part of assisting its fleet customers in their transition to EV, providing fuel delivery while advancing efficient energy adoption. The transition process is expected to include the deployment of NextNRG's innovative wireless EV charging solutions. To find out more, visit: Forward-Looking Statements This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG's goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as "expect," "intends," "will," and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG's business and macroeconomic and geopolitical events. These and other risks are described in NextNRG's filings with the Securities and Exchange Commission from time to time. NextNRG's forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG's forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements. Investor Relations Contact


CTV News
27 minutes ago
- CTV News
Windsor Islamic Association completes acquisition of former Western Secondary School in Amherstburg
The Windsor Islamic Association has officially bought the former Western Secondary School in Amherstburg. Windsor Islamic Association (WIA) said it has completed the acquisition of the former Western Secondary School in Amherstburg. The school closed in June 2022 and was listed for sale by the Greater Essex County District School Board in October 2024 . WIA school board member Mirza Baig described negotiations as a rollercoaster. 'We were going back and forth, the price was an issue, and we're happy that whatever the price was we had a deal, and I believe all sides are satisfied,' Baig said. 'It's been a long-time dream for us to have a building that's suitable for our children and we have it now, so everyone is excited.' Baig said they have possession of the building and are currently completing some needed upgrades. 'Come September, both the schools, An-Noor Private School and Windsor Islamic High School, will open and start functioning in the new school building,' he said. Baig said they had been looking for a building that could meet the needs of the growing student population. He said enrollment is open and they are expecting up to 450 elementary students and 100 high school students when they open the doors next month. 'The building is 95,000 square feet, with 66 acres of land attached to it. It's very suitable for the two schools, and it will also give us the opportunity to have community events at the location as well,' Baig said. Baig added they plan on hosting a grand opening for the public on Sunday Aug. 24 at 11 a.m. It will include a ribbon-cutting ceremony, BBQ and refreshments, rides, bouncy castles and activities for children, vendors, entertainment, and tours of the facility. - Written by Dustin Coffman and Rob Hindi/AM800 News.