BCE Inc. (NYSE: BCE) is one of the best dividend stocks yielding at least 5% to buy according to hedge funds.
On June 18, BCE Inc. (NYSE:BCE) entered into a major AI infrastructure deal in partnership with Cohere, Hypertec, and BUZZ High Performance Computing (HPC), a subsidiary of Hive Digital Technologies. The collaboration is to bring together Bell AI Fabric’s data center and connectivity foundation with Cohere’s secure, enterprise-grade AI solutions and large language model capabilities. It will also merge BUZZ HPC’s scalable, accelerated computing infrastructure.
The four companies are to enable conditions for conducting critical research and development on AI models. The collaboration underscores the growing collaboration among tech leaders since the launch of Bell AI Fabric and the Canadian Sovereign AI Alliance. It also affirms BCE Inc.’s push to support sovereign AI and to bring together connectivity data centers and cybersecurity.
BCE Inc. (NYSE:BCE) is Canada’s largest communications company. It provides comprehensive telecommunications, internet, TV, and media services to millions of residential, business, and wholesale customers.
While we acknowledge the potential of BCE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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