Bell AI Fabric to Expand Saskatchewan Hub with Up to 900 MW, Path to 1.2 GW
BCE is trading near its 52-week low of $20.87 (12% above the low).
Summary
BCE's Bell AI Fabric division signed a non-binding MOU with Saskatchewan to add up to 900 MW of capacity, creating a path to a 1.2 GW AI infrastructure hub. Total capital investment could exceed $50 billion, with 800-1,200 construction jobs and up to 600 permanent roles. This follows the June 18 announcement of the initial Bell AI Fabric partnership with Cohere, Hypertec, and BUZZ HPC. The project is phased and subject to customer commitments, permits, and environmental assessments, but the scale is unprecedented for the province. Bell will also establish its national ecosystem head office in Saskatchewan, reinforcing its AI infrastructure ambitions.
At the time of this announcement, BCE was trading at $23.47 on NYSE in the Technology sector, with a market capitalization of approximately $21.9B. The 52-week trading range was $20.87 to $26.52. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: PR Newswire.