10:58:57 EDT Fri 09 May 2025
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Telus Corp (2)
Symbol T
Shares Issued 1,514,159,678
Close 2025-04-17 C$ 20.76
Market Cap C$ 31,433,954,915
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Post says Telus goes all-in on Nvidia-powered AI centres

2025-04-17 09:25 ET - In the News

Also In the News (C-NVDA) Nvidia CDR (CAD Hedged)

The Financial Post reports in its Thursday edition that Telus plans to build a pair of data centres using advanced Nvidia chips as the Vancouver telco seeks to establish itself as a key player in Canada's artificial intelligence infrastructure build-out. Postmedia's Yvonne Lau writes that this summer, Telus will launch an AI-focused data centre in Rimouski, Que., that will include a 10,000-square-foot server module equipped with up to 500 Hopper graphics processing units (GPUs) from Nvidia. Telus plans to use the latest Blackwell Nvidia GPUs -- which are used for advanced AI workloads and compute-intensive tasks -- some time next year. The Rimouski facility, which it is calling a "Sovereign AI factory," has the capacity for six additional server modules. The company will open another facility in Kamloops, B.C., once the compute capacity in Rimouski has been used up. Telus, the first Canadian telecom player to take a crack at Canada's AI compute market, declined to disclose how much it has invested in its AI data centres. Nvidia chief executive Jensen Huang told CNBC last year that Blackwell GPUs could cost between $30,000 to $40,000 per unit, while Hopper chips are priced around $25,000 to $30,000 (all figures U.S.).

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