Maple leaf on AI circuitry
(Source: Adobe Stock. Generated by AI)
  • Telus (TSX:T) and NVIDIA (NASDAQ:NVDA) intend to build what the companies are calling a Sovereign AI Factory in Canada
  • Customers would benefit from an AI-as-a-service product leveraging Telus’ data centres and NVIDIA’s latest supercomputers
  • Telus is a global communications technology company with over 20 million customer connections through its suite of broadband services
  • Telus stock has given back 3.98 per cent year-over-year but remains up by 0.52 per cent since 2020

Telus (TSX:T) and NVIDIA (NASDAQ:NVDA) intend to build what the companies are calling a Sovereign AI Factory, which Wednesday’s news release defines as “a powerful and super-secure facility that will give Canadian businesses and researchers access to cutting-edge technology.”

The factory’s goal would be to “develop smarter AI products, streamline operations and stay competitive in a fast-changing world,” the news release goes on to state, providing “the supercomputers and software needed to train AI while keeping data safe within Canada’s borders.”

Factory users will gain access to an AI-as-a-service offering combining:

  • Telus’ fibre-optic network and sustainable data centres, which use 99 per cent renewable energy and are designed to be three times more energy efficient for excess power usage than the industry average, making the factory one of the most sustainable AI-ready data centres in the world once operational.
  • NVIDIA’s latest Hopper and Blackwell supercomputers, delivering leading-edge AI model training, fine-tuning and inference capabilities, with Telus being the first to introduce these systems in Canada.

Telus will install NVIDIA’s latest-generation graphics processing units at its data centre in Rimouski, Quebec by summer 2025, followed by a planned expansion to its facility in Kamloops, British Columbia, contingent on capacity demand.

Leadership insights

“Canada has made AI a national priority, investing in talent, research and commercialization. The Telus Sovereign AI Factory now provides the infrastructure for this innovation to scale, empowering Canadian businesses, startups and researchers with access to cutting-edge AI infrastructure to turn their bold ideas into real-world breakthroughs — and now, they don’t have to look beyond our borders to get it,” Hesham Fahmy, chief information officer at Telus, said in a statement. “Telus has been at the forefront of AI adoption for years, embedding it across our networks and operations to enhance services and drive efficiency. With the Sovereign AI Factory, we’re now giving our customers the accelerated computing power needed to grow, compete globally and shape the future of AI — right here in Canada. Collaborating with NVIDIA gives us the advanced computing capabilities needed to drive Canadian AI innovation while strengthening Canadian digital independence.”

“Sovereign AI infrastructure is critical for every nation to advance their society and economy, while preserving their own data, enabling them to drive a local intelligence revolution with global technology advancements,” added Ronnie Vasishta, senior vice president of telecom at NVIDIA. “Telus is now the first North American service provider to become an official NVIDIA Cloud Partner, combining their advanced network and secure cloud infrastructure with the latest NVIDIA AI platforms, and empowering Canadian businesses to innovate at the pace of AI.”

About NVIDIA

NVIDIA is the global leader in accelerated computing products and services. The company has posted exponential revenue and net income growth over the past three years.

NVIDIA stock (NASDAQ:NVDA) last traded at US$115.43 per share. The stock has added 29.12 per cent year-over-year and 2,145.72 per cent since 2020.

About Telus

Telus is a global communications technology company with over 20 million customer connections through its suite of broadband services. The company has been net income profitable over the past five years, though growth has been inconsistent.

Telus stock (TSX:T) last traded at C$21.46 per share. The stock has given back 3.98 per cent year-over-year but remains up by 0.52 per cent since 2020.

Join the discussion: Find out what everybody’s saying about these technology stocks on the Telus Corp. and NVIDIA Corp. Bullboards and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top image, generated by AI: Adobe Stock)


More From The Market Online
Stock image generated with AI

@ the Bell: TSX finishes Friday lower but higher on the week

ended lower on Friday, driven by a drop in mining stocks amid concerns about the impact of trade tariffs on economic growth.
ai generated stock image

Buzz on the Bullboards: A $15 billion oil business combination, Trump, & everything in-between

This decline has been exacerbated by President Donald Trump’s erratic implementation of tariff policies and a drop in consumer confidence.
Outcrop Silver and Gold logo and tickers against Colombian forest

Eric Sprott tops up investment in Outcrop Silver and Gold

Outcrop Silver and Gold (TSXV:OCG) will test the market with a C$5M offering through Research Capital including mining luminary Eric Sprott.
Oil derrick and AI data

New partnership to modernize oil and gas drilling with AI

Verses AI (CBOE:VERS) adds oil and gas software company to the commercialization program for its Genius autonomous intelligence tools.