Latest news with #MirkoBibic


Cision Canada
03-07-2025
- Business
- Cision Canada
BCE Q2 2025 results to be announced August 7
MONTRÉAL, July 3, 2025 /CNW/ - BCE Inc. (TSX: BCE) (NYSE: BCE) will hold its second-quarter 2025 results conference call with the financial community on Thursday, August 7, 2025 at 8:00 am eastern. Participants will include Mirko Bibic, President and Chief Executive Officer, and Curtis Millen, Chief Financial Officer. Media are welcome to participate on a listen-only basis. To participate, please dial toll-free 1-800-206-4400 or 289-514-5005. A replay will be available until midnight on September 7, 2025 by dialing 1-877-454-9859 or 647-483-1416 and entering passcode 5428649. A live audio webcast of the conference call will be available on BCE's website at BCE Q2-2025 conference call. About BCE BCE is Canada's largest communications company, 1 providing advanced Bell broadband Internet, wireless, TV, media and business communications services. To learn more, please visit or Through Bell for Better, we are investing to create a better today and a better tomorrow by supporting the social and economic prosperity of our communities. This includes the Bell Let's Talk initiative, which promotes Canadian mental health with national awareness and anti-stigma campaigns like Bell Let's Talk Day and significant Bell funding of community care and access, research and workplace initiatives throughout the country. To learn more, please visit Investor inquiries: Richard Bengian [email protected]


Cision Canada
17-06-2025
- Automotive
- Cision Canada
Bell Canada and Octane Racing Group deliver standout 2025 Formula 1 Grand Prix du Canada experience for fans Français
352,000 spectators attended the race at Montréal's Circuit Gilles Villeneuve, making the Canadian F1 the second-best attended race of the season New agreement keeps race in Montréal until 2035 MONTRÉAL, June 17, 2025 /CNW/ - The 2025 Formula 1 Grand Prix du Canada drew 352,000 visitors from across Canada and around the world to the Circuit Gilles Villeneuve this weekend, making it the second-best attended race of this year's F1 season. As the proud owner of Octane Racing Group, Bell Canada played a key role in bringing this world-class event to life. Bell's leading network infrastructure kept fans on-site connected throughout the event, while TSN and RDS brought the action to viewers at home with live and on-demand coverage. The event's success was the result of strong collaboration between stakeholders, including le Service de police de la Ville de Montréal (SPVM), la Société des transports de Montréal (STM), the City of Montréal, la Société du Parc Jean-Drapeau, Tourisme Montréal and the governments of Québec and Canada. Enhanced signage, upgraded hospitality suites and new fan experiences helped improve logistics and created a smooth and enjoyable experience for attendees. Bell also contributed to community safety and social impact, working alongside Octane and local authorities to ensure a safe environment for all. Following the successful conclusion of the weekend, organizers announced a new agreement to keep the race in Montréal through 2035. This long-term agreement ensures that the city, the province and the country will continue to benefit from the economic dynamism of this international event for years to come. Quotes "The Montréal Grand Prix is one of Canada's premier sporting events and, as the owner of Octane Racing Group, Bell is incredibly proud of the success of the 2025 edition. This year's event showcased the city's love of sport, its passionate fanbase and its ability to host world-class events. We look forward to continuing to build on this success for the years to come thanks to the new long-term agreement that will keep the race in Montréal for the next 10 years." - Mirko Bibic, President & CEO, BCE and Bell Canada "We are proud to confirm that the Formula 1 Grand Prix du Canada will continue its annual stop in Montréal for another decade. This renewed agreement reflects the iconic status of our race and global reach. We will continue to build a Grand Prix that showcases Montréal, Québec and Canada at their best, with a clear strategy to elevate the event across sports, entertainment and technology. Thank you to our partners – the governments of Québec and Canada, the City of Montréal, Tourisme Montréal, Parc Jean-Drapeau and Formula 1 – for your continued trust. And thank you to our amazing team, whose passion brings this event to life each year." - Jean-Philippe Paradis, President, Octane Racing Group Formula 1 Grand Prix du Canada and SVP, BBM Sales and Wholesale "As Formula 1 celebrates its 75th anniversary, it is fitting that we have announced an extension with the Canadian Grand Prix. Montréal is an incredible city, full of energy and passionate fans, and I am delighted to confirm that we will continue racing here through the 2035 season. I would like to thank the promoter, Octane Racing Group, for their continued efforts in upgrading this iconic venue in recent years, and all local, regional and national political stakeholders who have worked closely together to make this event what it is today. I would also like to thank our incredible Canadian fans and look forward to creating more unforgettable moments in Montréal." - Stefano Domenicali, President and CEO of Formula 1 About Bell Bell is Canada's largest communications company i, providing advanced broadband Internet, wireless, TV, media and business communication services. Founded in Montréal in 1880, Bell is wholly owned by BCE Inc. To learn more, please visit or Through Bell for Better, we are investing to create a better today and a better tomorrow by supporting the social and economic prosperity of our communities. This includes the Bell Let's Talk initiative, which promotes Canadian mental health with national awareness and anti-stigma campaigns like Bell Let's Talk Day and significant Bell funding of community care and access, research and workplace leadership initiatives throughout the country. To learn more, please visit Investor inquiries: Richard Bengian [email protected]

CBC
29-05-2025
- Business
- CBC
Bell Canada to launch 6 AI data centres in B.C.
Telecom giant Bell Canada has announced plans to build six artificial intelligence data centres in B.C. Bell AI Fabric will create a "data centre supercluster" in the province beginning with a centre in Kamloops this June and another in Merritt by the end of the year. Mirko Bibic, president and CEO of Bell Canada, said he wants the project to become "the fabric for the AI economy for Canada." "To do it right here, you know, starting in B.C., is a testament to all the attributes that British Columbia has in terms of kind of the natural resources of the hydroelectric power, the innovation mindset, universities who are … ready, willing and able to join in," Bibic told the CBC. Kamloops to host 3 centres In addition to the first two locations, Bell AI Fabric plans to open another four AI data centres in the province. Two more will open in Kamloops in 2026 and 2027, while the final two locations have not yet been announced. Thompson Rivers University in Kamloops will be home to one of the data centres designed to host AI training and inference. Asked about the power supply needed to run the centres amid concerns about B.C. Hydro meeting future electrical demand, Bibic said he believes there is capacity in the B.C. Interior. He added that they picked Kamloops for three of the centres for its access to reliable clean energy and its "ideal climate." He promised Bell will hire local workers as it builds and manages the centres and noted Bell AI Fabric president, Dan Rink, is based in Kamloops. Merritt Mayor Michael Goetz said he's excited for the new data centre in his community. "If you're first in the door, you can control the narrative," Goetz said. "If you're coming up behind once everybody's jumped on the bandwagon, then you're playing catch up." He said the city was lucky the land was available: years ago, the site was upgraded to become a grow-op, according to Goetz. "It was going to be a row of greenhouses for the grow-up.… So it's a very powerful site." Bell AI Fabric is also planning to expand its network nationally and is considering locations in Manitoba, Ontario and Quebec, Bibic said. Data sovereignty The project has been in the works for more than a year, according to Bibic, and wasn't in response to U.S. President Donald Trump's tariffs and annexation threats. But Bibic said recent events have shown the importance of "data sovereignty," which he described as a three-pronged concept: where data resides, who owns the infrastructure and who controls the technology being used. "If there are major geopolitical events that put any of that at risk, you know that we are secure in terms of the access of technology because everything's owned, controlled, managed by Canadians, for Canadians." Bell AI Fabric plans to serve research institutions, universities, start-ups and large enterprises. Its first partner, American AI company Groq (not to be confused with Elon Musk's AI chatbot Grok), will make a home at the first data centre in Kamloops, where it will work with language processing unit chips. While Bell cut its shareholder dividends for the first time in 17 years earlier this month, Bibic said the reset would give Bell the flexibility to invest in AI technology solutions.
Yahoo
29-05-2025
- Business
- Yahoo
Bell Canada to establish six AI data centres in British Columbia
Canadian telecoms operator Bell Canada has revealed plans to establish six AI data centres in British Columbia as part of its Bell AI Fabric initiative. Bell AI Fabric initiative is aimed at creating the country's largest AI compute project. The Bell AI Fabric will begin with a data centre supercluster in British Columbia, targeting over 500MW of hydroelectric-powered AI compute capacity across the six facilities. The first facility, a 7MW AI inference centre in Kamloops, will open in June 2025 in partnership with Groq, an AI inference provider. This will be followed by a second 7MW facility in Merritt by the end of 2025. Both centres will utilise Groq's Language Processing Units (LPUs), designed to enhance AI inference tasks for large language models at lower costs per token compared to existing alternatives, the company said. Groq CEO and founder Jonathan Ross said: "Groq's advanced LPU technology, combined with Bell's extensive fibre infrastructure, is setting a new standard in AI inference. We're excited to bring these capabilities to Canada, significantly enhancing performance and affordability for AI-driven applications." Two additional 26 MW AI data centres are planned for Kamloops. The first, set to launch in 2026 at Thompson Rivers University (TRU), will facilitate AI training and inference, providing access to advanced compute resources for students and faculty through integration with the BCNET network. Waste heat from this facility will be repurposed into TRU's district energy system. A second 26MW data centre is scheduled for 2027. Two further AI data centres, with a combined capacity exceeding 400 MW and designed for high-density AI workloads, are in advanced planning stages, the company added. Bell Canada BCE president and CEO Mirko Bibic said: "Bell's AI Fabric will ensure that Canadian businesses, researchers, and public institutions can access high-performance, sovereign and environmentally responsible AI computing services. 'Through this investment, Bell is immediately bolstering Canada's sovereign AI compute capacity, while laying the groundwork to continue growing our AI economy. This is transformational for our customers, for Canada and for Bell." "Bell Canada to establish six AI data centres in British Columbia" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Bell Canada (BCE) Unveils Plan for 6 AI Data Centers in British Columbia
On Wednesday, BCE Inc. (NYSE:BCE), also called Bell Canada, announced its plans to open 6 AI data centers in British Columbia/B.C., forming the initial supercluster of what is intended to be the largest AI compute project in Canada, known as Bell AI Fabric. These facilities are projected to provide ~500MW of hydroelectric-powered AI compute capacity. A long-distance telecommunications tower looming large against a dawn sky. The first 7-megawatt data center is slated to open next month in June in Kamloops, B.C., in partnership with American AI inference provider Groq. Groq's technology, specifically its Language Processing Units/LPUs, is designed to accelerate AI inference tasks for LLMs. A second facility is planned to open in Merritt, B.C., by the end of 2025. Further expansion includes an additional 26-megawatt data center, being built in partnership with Thompson Rivers University, which is scheduled to open by the end of 2026. Another facility of similar size is expected in 2027. Beyond these, two more AI data centers with a total capacity of more than 400 megawatts are in advanced planning stages, designed for high-density AI workloads. Bell also indicated that future facilities across the country will leverage its real estate assets to add further capacity, with plans for expansion into Manitoba and Québec. Mirko Bibic, President and CEO of Bell Canada and BCE, stated that Bell's AI Fabric will ensure Canadian businesses, researchers, and public institutions have access to "high-performance, sovereign and environmentally responsible AI computing services." BCE Inc. (NYSE:BCE) is a communications company that provides wireless, wireline, internet, streaming services, and TV services in Canada. While we acknowledge the potential of BCE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BCE and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data