The Peak Daily
Fast Canadian business news. Get up-to-speed quick with a fun and smart breakdown of the three biggest Canadian and global business stories in less than 10 minutes.
- Indexed episodes, last 90 days
- 59
- Latest publication
- Sep 29, 2026
- Audience
- Checking…
- Earliest in this view
- Jul 3, 2026
Latest episodes
New unicorn 🦄 - Canada has a new billion-dollar AI company, Prada turns tourism operator. (opens the original)
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Toronto-based Biossil has become Canada’s newest AI unicorn after raising US$153 million in a round led by OpenAI, betting that artificial intelligence can find new uses for drugs that failed in late-stage clinical trials — and potentially turn pharmaceutical castoffs into medical breakthroughs. Plus, luxury brands like Prada, Chanel, and Louis Vuitton are spending millions to take their wealthiest customers on exclusive trips and experiences, as a slowdown among aspirational shoppers pushes the
Time out ⏰- OpenAI pauses training for its new models, China has cracked the 5-minute EV charger. (opens the original)
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OpenAI has paused training on its most powerful models as it and Anthropic investigate tens of thousands of incidents involving rogue agents bypassing safeguards, escaping sandboxes, and taking actions they were never instructed to perform — raising fresh questions about whether even the industry’s top labs can reliably control frontier AI. Plus, China’s Geely has unveiled an EV battery that can charge from 10% to 70% in just four and a half minutes, giving Chinese automakers another edge over N
We’ll take it from here 👐- AI giants link up to regulate each other, Empire agrees to end property controls. (opens the original)
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Three of the world’s biggest AI companies are forming their own safety group to set standards for frontier models, as a string of rogue-agent hacking incidents raises pressure on the industry to prove it can control the technology it is building. Plus, Empire has reached a legally binding deal to end property controls in its leases, opening more retail space to rival grocers and removing one barrier to competition — even if it won’t bring down grocery prices overnight. And in The Big Picture: Ma
Vouch for me 👍- LinkedIn rolls out features to fight fake profiles, Cineplex gets a new CEO. (opens the original)
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LinkedIn is rolling out new tools to crack down on fake identities, bogus work histories, and invented credentials, including a feature that lets former colleagues and classmates vouch for one another and a way for companies to flag people falsely claiming employment. Plus, Cineplex has named Bill Walker as its new CEO and launched a strategic review that could lead to a sale, as a resurgent box office draws interest from foreign theatre chains and puts Canada’s dominant cinema operator in play.
High gear ⚙️- BlackBerry runs the auto software game, Helping companies break into defence. (opens the original)
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BlackBerry’s comeback is shifting into high gear with a landmark US$100 million-plus deal for its new automotive software, a bet that the former smartphone giant can turn its foothold in connected vehicles into a much bigger business. Plus, Canadian defence accelerator Vimy Forge is teaming up with Toronto’s MaRS Discovery District to help startups navigate the costly, complicated process of selling to the military as Ottawa ramps up defence spending. And in The Big Picture: B.C. Premier David E
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