The Peak Daily Quantum IPO đź’»- Xanadu plans blockbuster IPO, ChatGPT is done giving you advice.
4 snips
Nov 4, 2025 Dive into the booming world of quantum computing as Xanadu gears up for a massive IPO, aiming to keep its talent in Canada. Meanwhile, ChatGPT has officially stepped back from dishing out medical, legal, and financial advice, citing its lack of qualifications. Plus, hear about Questrade's new banking license and the shifting landscape in Canadian media as Corus Entertainment's lenders take control. This week is packed with pivotal industry shifts and sobering realities!
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Red Sox Heartbreak Teaches Resilience
- Jay compares baseball playoff heartbreak to life lessons about resilience using his 1986 Red Sox memory.
- He notes painful loss can build long-term resistance and perspective for fans and kids alike.
Xanadu Breaks Canada's Tech IPO Drought
- Xanadu plans a dual listing on the TSX and NASDAQ targeting a US$3.6B valuation and ended a private raise due to hot investor demand.
- The IPO breaks a four-year tech cold streak on Canada's main exchange and may inspire other large Canadian tech firms to go public.
IPO Helps Retain Quantum Talent In Canada
- Keeping a Canadian listing and operations aims to slow a talent and company exodus seen during the AI boom.
- Ottawa's expected quantum funding measures could further incentivize firms to remain in Canada.