Thursday, June 18, 2026

Business

Everyone saw the AI backlash coming — fewer expected it to start with the generation raised on screens

In May, the former chief executive of Google stood at a podium at the University of Arizona, looked out at the class of 2026, and told them artificial intelligence was about to remake the world the way the computer...

Report: AI could drive up Australian power prices by 26% by 2035

The artificial intelligence hubs could also use as much electricity as all homes in the state of Victoria by 2030.  The Climate Council issued the warnings on Wednesday in a report into the growing tech industry that has established 162...

‘Disregard for the risk to human life’: a US state is suing OpenAI and Sam Altman over AI safety

The lawsuit, filed in Florida state court on Monday local time by Florida’s attorney general James Uthmeier, is one of the most significant enforcement actions brought by a state attorney against an AI company to date. It comes as OpenAI...

Remarkable, Catalysr and Indigenous pre-accelerators score NSW government support for diverse founders

Also chosen were First Nations Economics, a charity that will support up to 60 Indigenous women with mentoring, business capability development, and networks, as well as Dean Foley’s Barayamal, which will deliver a pre-accelerator supporting up to 80 Aboriginal...

A VC pleads: ‘Founders, please stop using AI to write pitches’

That was the subject line of a recent email with a clear ask that actually caught my attention. And as an investor who receives dozens of startup pitches and even more follow-ups each week that’s saying something. It wasn’t...

Freshly Funded Projects to Supply Fast Internet for Remote, Rural Households

Canada and British Columbia recently announced $236 million in joint federal and provincial funding. The $236M of capital is earmarked for eight projects designed to bring high-speed Internet access to remote and rural communities throughout the province. The eight projects will...

RBC Expands Vancouver Innovation Hub

RBC is growing its presence in British Columbia with an expansion of its Vancouver banking and innovation hub. The downtown hub, which opened last November, currently has 350 employees and is expected to grow to 600 employees by the end...

Bureau Expands Workspace Innovation to Europe with Showroom Launch in UK

Bureau this week opened its first showroom in Europe. The soundproof workspace company is the fusion of two companies, one from Australia and one from Vancouver. “What started as an idea in Vancouver is now a global business reshaping the way...

Whirlpool warns of ‘recession-level’ slump as Iran war and tariff ruling hit sales

With the war in Iran and economic concerns putting pressure on consumers and how they spend their money, Whirlpool is having to adjust to Americans delaying big-ticket purchases while also raising prices to help stabilize its North American business. The...

Senate Democrats press top media regulator Brendan Carr to back off ABC

A group of prominent Senate Democrats sent a letter on Thursday to Brendan Carr, the Trump-aligned Federal Communications Commission chair, asking him to rescind the US media regulator’s order last week requiring ABC to apply early to renew its...
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Midjourney goes from generating cat images to full-body ultrasound scans

“A scan of an imaging phantom, segmented to validate how cleanly structures separate under controlled conditions.“ | Image: Midjourney...
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