Technology
TELUS ANNOUNCES THREE-TRANCHE NOTE OFFERING
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2 years agoon
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4.80% Notes, Series CAO due December 15, 2028
4.95% Notes, Series CAP due February 18, 2031
5.10% Sustainability-Linked Notes, Series CAN due February 15, 2034
VANCOUVER, BC, Feb. 12, 2024 /CNW/ – TELUS announced today it has priced $1.8 billion of senior unsecured notes in three series, the first with a 4-year and 10-month maturity, the second with a 7-year maturity and the third with a 10-year maturity. The notes are offered through a syndicate of agents led by CIBC World Markets Inc, RBC Dominion Securities Inc. and Scotia Capital Inc. Closing of the offering is expected to occur on or about February 15, 2024.
The 4.80% notes, Series CAO, were priced at $99.895 per $100 principal amount for an effective yield of 4.826% per annum until maturity, and will mature on December 15, 2028.
The 4.95% notes, Series CAP, were priced at $99.707 per $100 principal amount for an effective yield of 5.000% per annum until maturity, and will mature on February 18, 2031.
The 5.10% Sustainability-Linked notes, Series CAN (the “Series CAN Notes”), were priced at $99.644 per $100 principal amount for an effective yield of 5.146% per annum until maturity, subject to a possible interest rate step-up, and will mature on February 15, 2034.
The net proceeds of this offering will be used for the repayment of outstanding indebtedness, including all or a portion of the repayment upon maturity of TELUS’ 3.35% Series CK Notes due April 2024, as well as the repayment of a portion of commercial paper (incurred for general working capital purposes) and/or the repayment of a portion of TELUS’ $1.1 billion unsecured Credit Facility with a term expiring July 2024, and for other general corporate purposes.
The Series CAN notes are “Sustainability-Linked Bonds” issued pursuant to TELUS’ Sustainability-Linked Bond Framework announced on June 14, 2021, as it may be amended, restated and/or replaced from time to time (the “Framework”) and will be TELUS’ sixth bond offering under the Framework. As part of the Framework, TELUS has committed to reducing its absolute Scope 1 and 2 greenhouse gas (“GHG”) emissions by 46% from 2019 levels by 2030. Should TELUS fail to achieve this target (the “Sustainability Performance Target”) by December 31, 2030, the interest payable on the Series CAN Notes will increase by 0.50% per annum, as will be further detailed in the prospectus supplement that TELUS will be filing to its short form base shelf prospectus dated August 8, 2022 with securities regulatory authorities in each of the provinces of Canada. The interest payable on the Series CAN Notes may also increase in certain circumstances if TELUS fails to meet additional sustainability and/or environmental, social or governance (“ESG”) targets as provided for in a future “Sustainability-Linked Bond” (a “Future SLB”) issued by TELUS pursuant to the Framework. The interest rate on the Series CAN Notes, however, can in no event exceed the initial rate of 5.10% by more than 1.00% per annum in the aggregate, whether as a result of the failure to achieve the Sustainability Performance Target and/or any targets under one or more Future SLBs.
The Series CAN Note offering supports TELUS’ commitment to environmental sustainability by linking financing to the achievement of ambitious ESG targets. The target set out in the Framework was approved by the Science Based Targets initiative (“SBTi”), further demonstrating TELUS’ global sustainability leadership and support of the world’s fight against climate change. The Sustainability Performance Target is consistent with reductions required to limit warming to below 1.5°C, which at the time of publication of the Framework, was considered the most ambitious designation available through the SBTi process.
TELUS will report annually on its performance against the Sustainability Performance Target and will also obtain an annual independent and external verification of its performance against the Sustainability Performance Target in the form of a limited assurance report. TELUS’ performance as well as the limited assurance report will be included in its annual Sustainability and ESG Report, or other similar report(s) as the case may be, and will be available on TELUS’ website.
Sustainalytics, a leading independent ESG research, ratings and analytics firm, issued a Second Party Opinion in June 2021 (as subsequently extended) confirming that the Framework aligns with the International Capital Market Association’s Sustainability-Linked Bond Principles, 2020.
This media release does not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. The securities being offered have not been approved or disapproved by any Canadian securities regulatory authority, nor has any authority passed upon the accuracy or adequacy of the short form base shelf prospectus or the prospectus supplement. The notes have not been registered under the U.S. Securities Act of 1933, as amended, and no notes of any series are being offered in the United States or to or for the account or benefit of any U.S. person.
The notes of each series are being offered pursuant to a prospectus supplement to the short form base shelf prospectus of TELUS dated August 8, 2022. The short form base shelf prospectus and prospectus supplement contain important detailed information about each series of notes. Copies of the short form base shelf prospectus and the prospectus supplement relating to the offering of each series of notes when filed with securities regulatory authorities in Canada may be obtained from the Chief Legal and Governance Officer of TELUS at 510 W. Georgia St., 23rd Floor, Vancouver, British Columbia V6B 0M3 (telephone 604-695-6420). Copies of these documents are, or will be, available electronically on the System for Electronic Document Analysis and Retrieval of the Canadian Securities Administrators+ (“SEDAR+”), at www.sedarplus.ca. Investors should read the short form base shelf prospectus and prospectus supplement before making an investment decision.
This news release contains statements about future events pertaining to the offering, including the anticipated closing date of the offering, the intended use of the net proceeds of the offering, the Framework, including TELUS’ commitment to reduce its absolute Scope 1 and 2 GHG emissions by 46% from 2019 levels by 2030, the increase in the interest rate per annum of the Series CAN Notes if TELUS fails to reach the Sustainability Performance Target by the required date, the increase in the interest rate per annum of the Series CAN Notes if TELUS fails to reach additional ESG targets as provided for in a Future SLB(s), and TELUS’ commitments to report annually on its performance against its Sustainability Performance Target, to obtain an annual independent and external verification of its performance against the Sustainability Performance Target in the form of a limited assurance report and to include such performance and such limited assurance report in TELUS’ annual Sustainability and ESG Report or other similar reports and make them available on TELUS’ website. By their nature, forward-looking statements require us to make assumptions and predictions and are subject to inherent risks and uncertainties including: risks associated with capital and debt markets; TELUS’ ability to identify, procure and implement solutions to reduce energy consumption and adopt cleaner sources of energy; TELUS’ ability to identify and make suitable investments in renewable energy, including in the form of virtual power purchase agreements; TELUS’ ability to continue to realize significant absolute reductions in energy use and the resulting GHG emissions in its operations (in part as a result of programs and initiatives focused on our buildings and network); and other risks associated with achieving TELUS’ goals to reduce its GHG emission targets by 2030. There is significant risk that the forward-looking statements will not prove to be accurate. The timing and closing of the above-mentioned offering are subject to customary closing conditions and other risks and uncertainties. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future performance and events to differ materially from those described in the forward-looking statements. Accordingly, this news release is subject to the disclaimer and the qualifications and risk factors as set out in our 2023 annual management’s discussion and analysis (MD&A), and in other TELUS public disclosure documents and filings with securities commissions in Canada (on SEDAR+ at sedarplus.ca) and in the United States (on EDGAR at sec.gov). The forward-looking statements contained in this news release describe our expectations at the date of this news release and, accordingly, are subject to change after such date. Except as required by law, TELUS disclaims any intention or obligation to update or revise forward-looking statements.
TELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications technology company with more than $20 billion in annual revenue and over 19 million customer connections spanning wireless, data, IP, voice, television, entertainment, video, and security. Our social purpose is to leverage our global-leading technology and compassion to drive social change and enable remarkable human outcomes. Our longstanding commitment to putting our customers first fuels every aspect of our business, making us a distinct leader in customer service excellence and loyalty. The numerous, sustained accolades TELUS has earned over the years from independent, industry-leading network insight firms showcase the strength and speed of TELUS’ global-leading networks, reinforcing our commitment to provide Canadians with access to superior technology that connects us to the people, resources and information that make our lives better.
Operating in 32 countries around the world, TELUS International (TSX and NYSE: TIXT) is a leading digital customer experience innovator that designs, builds, and delivers next-generation solutions, including AI and content moderation, for global and disruptive brands across strategic industry verticals, including tech and games, communications and media, eCommerce and fintech, banking, financial services and insurance, healthcare, and others.
TELUS Health is a global healthcare leader, which provides employee and family primary and preventive healthcare and wellbeing solutions. Our TELUS team, along with our 100,000 health professionals, are leveraging the combination of TELUS’ strong digital and data analytics capabilities with our unsurpassed client service to dramatically improve remedial, preventive and mental health outcomes covering nearly 70 million lives, and growing, around the world. As the largest provider of digital solutions and digital insights of its kind, TELUS Agriculture & Consumer Goods enables efficient and sustainable production from seed to store, helping improve the safety and quality of food and other goods in a way that is traceable to end consumers.
Driven by our determination and vision to connect all citizens for good, our deeply meaningful and enduring philosophy to give where we live has inspired TELUS and our team to contribute $1.7 billion, including 2.2 million days of service since 2000. This unprecedented generosity and unparalleled volunteerism have made TELUS the most giving company in the world. Together, let’s make the future friendly.
For more information about TELUS, please visit telus.com, follow us at @TELUSNews on X and @Darren_Entwistle on Instagram
Investor Relations
Ian McMillan
(604) 317-8768
ir@telus.com
Media Relations
Steve Beisswanger
(514) 865-2787
Steve.Beisswanger@telus.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/telus-announces-three-tranche-note-offering-302060199.html
SOURCE TELUS Corporation
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Technology
iPost and ZeroBounce Partner to Deliver Cleaner Data and Stronger Email Performance for Regulated Industries
Published
11 minutes agoon
July 20, 2026By
iPost, the leading email sending platform built to solve real challenges in highly regulated and other data and content sensitive industries, including gaming, legal services, and scholarly/STM (science, technology, medical) publishing, today announced a new strategic partnership with ZeroBounce, a leading email validation and deliverability company. The partnership brings native, real-time email list verification directly into the iPost platform, helping enterprise marketers protect sender reputation, reduce bounce rates, and maximize inbox placement.
SAN MATEO, Calif., July 20, 2026 /PRNewswire-PRWeb/ — iPost, the leading email sending platform built to solve real challenges in highly regulated and other data and content sensitive industries, including gaming, legal services, and scholarly/STM (science, technology, medical) publishing, today announced a new strategic partnership with ZeroBounce, a leading email validation and deliverability company. The partnership brings native, real-time email list verification directly into the iPost platform, helping enterprise marketers protect sender reputation, reduce bounce rates, and maximize inbox placement.
For iPost’s clients in highly regulated and compliance-driven industries, data quality is more than a best practice; it’s a business requirement. Through this partnership, iPost customers can now validate email addresses at the point of collection and on an ongoing basis, ensuring that campaigns reach real, engaged recipients while minimizing the risk of hard bounces, spam traps, and deliverability penalties that can damage sender reputation.
The integration reflects both companies’ shared commitment to helping marketers do more with cleaner, more reliable data. By combining iPost’s advanced segmentation, personalization, and deliverability infrastructure with ZeroBounce’s industry-leading email validation technology, joint customers gain a more complete, end-to-end solution for email program health.
“We’re thrilled to bring ZeroBounce’s validation technology into the iPost platform,” said Michael Nelson, VP of Partnerships at iPost. Our clients operate in industries where trust, compliance, and precision aren’t optional; they’re everything. Partnering with ZeroBounce lets us give our customers an even stronger foundation for their email programs, so every campaign they send reaches a real inbox and reflects the quality our brand is known for. This is exactly the kind of partnership that helps our clients grow with confidence.”
The integration is available today to iPost customers and forms part of iPost’s broader 2026 product roadmap, which includes continued investment in AI-powered content optimization, personalization, and deliverability.
To celebrate the launch of the integration, iPost and ZeroBounce are offering exclusive incentives for joint customers. ZeroBounce is offering 15% off Email Validation credits and ZeroBounce One subscriptions using promo code IPOST15, valid for 30 days beginning July 9. iPost is also offering a matching 15% discount on implementation and professional services through August 31. Together, these offers make it easier for organizations to deploy the integrated solution, improve data quality and deliverability, and maximize the performance of their email marketing programs.
To mark the partnership, iPost and ZeroBounce co-hosted a live webinar that went beyond recycled best practices to explore what actually drives email performance. The session was led by Andrew Kordek, CMO and Strategist at iPost, and Anne-Marie Prince, Email Marketing Manager at ZeroBounce, who drew on decades of combined industry experience to revisit common assumptions, share real-world lessons, and offer practical strategies marketers can apply to their own programs right away. Topics included why first impressions matter more than marketers think, why deliverability ultimately falls on the sender, and why strong fundamentals still beat shiny new tactics. The full webinar is now available on demand here.
About iPost
iPost is a leading email-sending platform purpose-built to solve real challenges in highly regulated data and content-sensitive industries, including gaming, legal services, and scholarly/STM (science, technology, medical) publishing. With its flexible architecture, native data integrations, and unmatched customer support, iPost helps users create personalized, compliant, and impactful campaigns that drive measurable growth.
About ZeroBounce
ZeroBounce is an email validation and deliverability company that helps businesses improve email marketing performance by ensuring cleaner, more accurate mailing lists. Its tools help reduce bounce rates, protect sender reputation, and improve inbox placement for marketers across industries.
Media Contact
Marco Marini, iPost.com, 1 650-743-2660 press@ipost.com, marco@ipost.com, www.ipost.com
View original content:https://www.prweb.com/releases/ipost-and-zerobounce-partner-to-deliver-cleaner-data-and-stronger-email-performance-for-regulated-industries-302828263.html
SOURCE iPost.com
Technology
Hut 8 Fully Commercializes 1 GW Beacon Point AI Data Center Campus with Second 352 MW IT Lease, Bringing Campus-Level Base-Term Contract Value to $19.6 Billion
Published
11 minutes agoon
July 20, 2026By
15-year, 352 MW IT lease doubles the existing high-investment-grade tenant’s contracted capacity to 704 MW
Total contracted IT capacity across Hut 8’s AI data center portfolio rises to 949 MW, supported by 1,330 MW of utility capacity, with aggregate base-term contract value of $26.6 billion and average annual NOI of more than $1.75 billion
100% of Hut 8’s contracted AI data center capacity is leased to or backstopped by investment-grade counterparties
Renewal options increase potential campus-level contract value to $50.2 billion
MIAMI, July 20, 2026 /PRNewswire/ — Hut 8 Corp. (Nasdaq, TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies, today announced the commercialization of the second phase of its one-gigawatt Beacon Point data center campus in Nueces County, Texas through a second 15-year, $9.8 billion lease (the “Agreement”) for 352 megawatts (MW) of IT capacity (the “Transaction”). The tenant, the high-investment-grade company that executed the Phase 1 lease, has doubled its contracted IT capacity at the campus to 704 MW. The Transaction fully commercializes the Beacon Point campus against its 1,000 MW of utility capacity, secured under an interconnection agreement with AEP Texas for electric delivery service.
Transaction Highlights
Lease Structure: Triple net (NNN) lease executed on substantially the same terms as the Phase 1 lease.Tenant Profile: High-investment-grade company; the Phase 1 tenant.Compute Architecture: Hut 8 to deliver a second 352 MW AI factory designed to NVIDIA’s DSX reference architecture for gigawatt-scale AI infrastructure supported by 500 MW of utility capacity.Base-Term Contract Value: $9.8 billion over a 15-year base lease term, inclusive of a 3.0% annual base rent escalator; base-term contract value for the full 1,000 MW campus rises to $19.6 billion.NOI Contribution: Expected cumulative NOI contribution of $9.8 billion over the base term, or an average of $655 million per year upon stabilization; average annual NOI for the full 1,000 MW campus rises to $1.31 billion.Upside Economics: Three 5-year renewal options per lease increase potential campus-level contract value to $50.2 billion if all options are exercised.Delivery Timeline: Initial Phase 2 data hall delivery expected in Q2 2028.
Full Commercialization Driven by Power-First Development Model
With the Transaction, Beacon Point becomes Hut 8’s first fully commercialized AI data center campus. The Company secured the site, contracted the campus in full with investment-grade cash flows, financed Phase 1 with investment-grade debt, and commenced construction. Together, these stages demonstrate structural features of the Company’s disciplined, power-first development model, from origination through delivery:
Power-first underwriting preserves optionality across end markets: Initially underwritten on a speed-to-power thesis to serve Hut 8’s affiliated customer, American Bitcoin Corp., Beacon Point is now fully contracted under two 15-year AI leases to a high-investment-grade counterparty.First-principles approach to design and partnership supports efficient commercialization: Hut 8 has designed the campus around its tenant’s evolving requirements throughout development, including a redesign of the first data hall for Phase 1 to NVIDIA’s DSX reference architecture, enabling 57% more IT capacity within the same land and utility footprint. With this second lease, the tenant doubled its contracted capacity on substantially the same terms.Partnership-driven execution model mitigates execution risk: The campus’s full 1,000 MW of utility capacity is secured under an interconnection agreement with AEP Texas for electric delivery service, and no incremental capacity is required to serve the Phase 2 lease. Hut 8 will implement the partnership-driven model first implemented at River Bend and Beacon Point Phase 1 to deliver the site. Site preparation is underway, and long-lead critical equipment has been procured. Initial energization remains on schedule for Q1 2027.
Asher Genoot, CEO of Hut 8, said, “The real test of our power-first approach is what our partners are willing to commit against it. Our tenant at Beacon Point chose to double its footprint at the site, the strongest validation an asset can receive. We took this greenfield site from first lease to full commercialization in just months. That speaks to the quality of the sites we originate, the credibility of our delivery, and the long-term orientation of our partnerships. The opportunity ahead of us is to apply the same model across our development pipeline.”
Contracted Portfolio Highlights
Contracted Capacity: Total contracted IT capacity across Hut 8’s AI data center portfolio of 949 MW, comprising 704 MW at Beacon Point and 245 MW at River Bend.Contract Value and NOI Contribution: Cumulative base-term contract value across Hut 8’s AI data center portfolio of $26.6 billion, with expected average annual NOI of more than $1.75 billion.Counterparty Credit: 100% of Hut 8’s AI data center portfolio is leased to or backstopped by investment-grade counterparties.
Stock Repurchase Program
On December 4, 2024, as part of its capital management strategy, the Company launched a $250.0 million stock repurchase program (the “Stock Repurchase Program”) with respect to its common stock, par value $0.01 per share (the “Common Stock”). Under the Stock Repurchase Program, the Company may repurchase up to 6,159,439 shares of Common Stock (representing 5.0% of the current issued and outstanding Common Stock) in the next twelve months. The Company expects that any repurchases will be made through the facilities of Nasdaq at prevailing market prices, in accordance with applicable securities laws.
Non-GAAP Financial Measures
This press release includes a non-GAAP financial measure, expected net operating income (NOI) contribution, which the Company defines as expected lease revenue for a particular lease less any non-reimbursable operating expenses attributable to the leased property. The Company’s management team uses expected NOI contribution to measure the expected operating performance of a particular lease. Operating income is the GAAP measure most directly comparable to expected NOI contribution. In evaluating expected NOI contribution, you should be aware that in the future the Company may incur non-reimbursable lease operating expenses that are not currently known. The Company’s presentation of expected NOI contribution should not be construed as an inference that its future results will be unaffected by unusual or non-recurring items. Expected NOI contribution has important limitations as an analytical tool and you should not consider expected NOI contribution in isolation or as a substitute for analysis of results as reported under GAAP. For example, expected NOI contribution excludes the impact of selling, general and administrative expenses and depreciation and amortization, which have real economic effect and could materially impact the Company’s consolidated financial results. Other companies, including Real Estate Investment Trusts, may calculate expected NOI contribution differently than the Company does and, accordingly, the Company’s expected NOI contribution may not be comparable to similar measures published by such companies. No reconciliation of expected NOI contribution is included in this press release because the Company is unable to quantify certain amounts that would be required to be included in operating income without unreasonable efforts as such quantification would imply a degree of precision that would be confusing or misleading to investors.
Additional Transaction Information and Upcoming Communications
Hut 8 has made available on its website an investor presentation with further details regarding the Transaction.
For important news and information regarding the Company, including investor presentations and timing of future investor conferences, visit the Investor Relations section of the Company’s website, hut8.com/investors, and its social media accounts, including on X and LinkedIn. The Company uses its website and social media accounts as primary channels for disclosing key information to its investors, some of which may contain material and previously non-public information.
About Hut 8
Hut 8 is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies such as AI, high-performance computing, and ASIC compute. The Company develops, commercializes, and operates industrial-scale energy and data center infrastructure through a power-first, innovation-driven approach. For more information, visit hut8.com.
Cautionary Note Regarding Forward-Looking Information
This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events, or developments that Hut 8 expects or anticipates will or may occur in the future, including statements relating to the terms, value, and expected benefits of the Transaction and the Agreement, including expected contract value, NOI contribution, and potential value from renewal options, the timing of development, construction, energization, and delivery of the Beacon Point campus, the expected capacity of the campus, the Company’s development pipeline, and the Company’s future business strategy, competitive strengths, expansion, and growth of the business and operations more generally, and other such matters is forward-looking information. Forward-looking information is often identified by the words “may,” “would,” “could,” “should,” “will,” “intend,” “plan,” “anticipate,” “allow,” “believe,” “estimate,” “expect,” “predict,” “can, “might,” “potential,” “is designed to,” “likely,” or similar expressions.
Statements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, risks relating to the construction of new data centers, including cost overruns, delays, supply chain issues, permitting or regulatory hurdles, unexpected technical challenges, and dependency on contractors; risks relating to the financing of new data centers, including the potential dilutive impact of equity issuances (if any), access to capital markets, timing and cost of financing, and market conditions such as increases in interest rates, declining equity valuations, volatility in credit markets, or tightening lending standards; risks impacting our ability to expand the power capacity at the River Bend campus, such as limitations of transmission and/or generation resources; failure of critical systems; geopolitical, social, economic, and other events and circumstances; competition from current and future competitors; risks related to power requirements; cybersecurity threats and breaches; hazards and operational risks; changes in leasing arrangements; Internet-related disruptions; dependence on key personnel; having a limited operating history; attracting and retaining customers; entering into new offerings or lines of business; price fluctuations and rapidly changing technologies; predicting facility requirements; strategic alliances or joint ventures; operating and expanding internationally; failing to grow hashrate; purchasing miners; relying on third-party mining pool service providers; uncertainty in the development and acceptance of the Bitcoin network; Bitcoin halving events; competition from other methods of investing in Bitcoin; concentration of Bitcoin holdings; hedging transactions; potential liquidity constraints; legal, regulatory, governmental, and technological uncertainties; physical risks related to climate change; involvement in legal proceedings; trading volatility; and other risks described from time to time in Company’s filings with the U.S. Securities and Exchange Commission. In particular, see the Company’s recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company’s EDGAR profile at sec.gov and SEDAR+ profile at sedarplus.ca.
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SOURCE Hut 8 Corp.
Technology
CGI strengthens enterprise AI leadership with Databricks Brickbuilder Specializations in Public Sector and Generative AI
Published
11 minutes agoon
July 20, 2026By
Stock Market Symbols
GIB.A (TSX)
GIB (NYSE)
cgi.com/newsroom
Specializations recognize CGI’s proven experience combining deep industry expertise with governed AI delivery to help clients accelerate adoption and achieve business outcomes
MONTRÉAL, July 20, 2026 /PRNewswire/ — CGI (NYSE: GIB) (TSX: GIB.A), one of the largest independent IT and business consulting services firms in the world, today announced it has achieved two Databricks Brickbuilder Specializations in Public Sector and Generative AI (GenAI). The specializations recognize CGI’s proven history of helping organizations modernize data foundations, operationalize AI and deliver measurable business outcomes, particularly in complex, highly regulated and mission-critical environments.
As organizations increasingly seek to move generative AI from experimentation to enterprise-scale deployment, success depends on trusted data, strong governance and the ability to integrate AI into core business operations. CGI combines deep industry and domain expertise with end-to-end consulting, systems integration and managed services to help clients apply AI where it delivers the greatest business impact. The Databricks Brickbuilder Specializations recognize CGI’s experience helping organizations make that transition responsibly and at scale.
CGI is already delivering these capabilities across industries using the Databricks platform. Examples of measurable client outcomes include:
For a large telecommunications company, CGI’s GenAI-powered LLMOps framework on Databricks—which has been designed to scale across 200+ models—accelerated AI model deployment by a factor of four, reduced manual quality assurance by approximately 80%, improved production accuracy by 10% and expanded evaluation coverage tenfold; andFor an energy and utilities provider managing large volumes of engineering documentation, CGI’s AI-powered Knowledge Assistants use Databricks’ AI Search and generative AI capabilities to transform unstructured documents into actionable intelligence, reducing document search time by 85% and enabling faster, insight-driven decision-making across complex projects.
“Achieving the Databricks Brickbuilder Public Sector and GenAI Specializations reflects CGI’s experience helping clients move beyond AI pilots to enterprise-scale deployment,” said Wes Carberry, Senior Vice-President, Business Unit Leader and Databricks Global Executive Sponsor at CGI. “The challenge clients face today isn’t proving that AI can work—it’s integrating it into core operations with trusted data, effective governance and measurable business outcomes. By combining deep industry knowledge with proven delivery, we help clients apply AI in ways that solve real business challenges and create lasting value.”
The Databricks Brickbuilder Specialization Program recognizes partners with validated customer outcomes, certified technical expertise and proven delivery accelerators. CGI’s Public Sector Specialization recognizes its experience helping government organizations modernize mission-critical environments while meeting demanding security and compliance requirements. The GenAI Specialization recognizes CGI’s ability to design, build and operationalize enterprise generative AI solutions—from governed data foundations through production deployment using capabilities such as retrieval-augmented generation, model fine-tuning and AI agents.
“The Databricks Brickbuilder GenAI Specialization recognizes CGI’s experience helping organizations modernize data environments and operationalize AI on the Databricks platform,” said Amit Singh, Global Head of Partner GTM, AI at Databricks. “From regulated public sector environments to enterprise generative AI initiatives, CGI brings the delivery approach, technical depth and industry knowledge organizations need to move forward with confidence.”
CGI’s Databricks capabilities build on its recently announced Gold tier partner status and previous Brickbuilder Specializations, reflecting the company’s continued investment in helping clients modernize data platforms, operationalize AI responsibly and accelerate business value through trusted, enterprise-scale delivery.
About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2025 reported revenue is CA$15.91 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.
About CGI’s alliances
CGI’s global alliance strategy features partnerships with more than 150 technology companies and supports its local relationship model complemented by a global delivery network. This approach enables CGI consultants and professionals to remain independent and agile in selecting solutions that best fit each client’s unique needs, including technology stack requirements and considerations such as digital and AI sovereignty. Learn more at cgi.com/alliances.
View original content:https://www.prnewswire.com/news-releases/cgi-strengthens-enterprise-ai-leadership-with-databricks-brickbuilder-specializations-in-public-sector-and-generative-ai-302828661.html
SOURCE CGI Inc.
iPost and ZeroBounce Partner to Deliver Cleaner Data and Stronger Email Performance for Regulated Industries
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