28 de May de 2025

TELUS Invests $70B to Boost Canada’s AI Growth

TELUS Investment in Future-Focused Technology Across Canada

Expanding Connectivity and Digital Inclusion

TELUS has committed to investing over $70 billion in Canada over the next five years, despite economic hurdles. The telecommunications giant aims to strengthen its infrastructure and operations nationwide, focusing on enhancing connectivity and promoting digital inclusion. CEO Darren Entwistle highlighted the goal of these investments to unlock Canada’s economic potential while improving TELUS PureFibre connectivity and updating the 5G and LTE networks in British Columbia, Alberta, Quebec, and Ontario. By doing so, TELUS seeks to ensure that more Canadians can access reliable communication services.

Tackling the Housing Crisis

As part of its broader strategy, TELUS is committed to addressing Canada’s housing crisis through redevelopment projects known as “TELUS Living initiatives.” These projects aim to create sustainable living spaces that contribute to communities’ overall well-being. This effort demonstrates TELUS’s dedication not only to technological advancements but also to societal challenges, underlying its role as a responsible corporate citizen aiming to create a positive impact across different facets of Canadian life.

Advancing AI Capabilities with NVIDIA

In a strategic collaboration with NVIDIA, TELUS is enhancing the nation’s AI capabilities by creating “Sovereign AI Factories.” These facilities are designed to help Canadian businesses build advanced AI models while ensuring data privacy and security. CEO Entwistle emphasized this venture’s potential to boost Canada’s competitiveness and drive innovation in vital sectors like health and sustainability. TELUS’s efforts in AI align with its broader mission to integrate cutting-edge technology into Canada’s economic and social fabric.

Long-Standing Commitment to Canadian Growth

Since 2000, TELUS has made significant investments across Canada, impacting over 20 million customers. This continuous commitment underscores the company’s dedication to growth and innovation, solidifying its position as a leader in the telecommunications industry. By allocating substantial resources to various initiatives, TELUS continues to play a crucial role in supporting Canada’s technological landscape, bolstering economic development, and enriching communities nationwide.

Original article: here

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