_Welcome

Welcome to today’s edition of AI Business Weekly. From JPMorgan’s $2 billion AI investment paying off to Canadian students embracing ChatGPT for learning, and from Toronto’s Spellbook raising $50 million in legaltech funding to Invisible Technologies reaching a $2 billion valuation, today’s stories reflect AI’s accelerating role across finance, education, and enterprise. Let’s dive in.

More young Canadians are tapping AI for learning, even when concerned about it

More students are turning to tools like ChatGPT for studying, despite mixed feelings about academic integrity and overreliance. Elaine Xiao, a first-year student at Duke University, says ChatGPT helped her quickly grasp difficult computer science concepts that traditional resources couldn’t explain as clearly. This growing adoption underscores how conversational AI is transforming study habits and learning approaches for Gen Z learners.
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3 AI ETFs to buy now for the coming tech revolution

As the AI boom reshapes global markets, investors are seeking exposure through AI-focused ETFs. The Global X Artificial Intelligence & Technology ETF, iShares A.I. Innovation and Tech Active ETF, and ROBO Global Robotics & Automation ETF are emerging as key options. Together, they give investors diversified access to leading AI and robotics companies driving the next tech revolution..
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Jamie Dimon says JPMorgan’s $2B AI investment is already paying off

JPMorgan CEO Jamie Dimon revealed that the bank’s $2 billion AI investment has already matched its cost through operational savings. Dimon called it “the tip of the iceberg,” suggesting that AI-driven efficiency and automation are unlocking massive cost reductions in banking. His comments highlight how enterprise-scale AI investments are beginning to deliver tangible returns.
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Scale AI rival Invisible Technologies raises $100M in growth funding

Invisible Technologies, a competitor to Scale AI, has raised $100 million in growth capital, valuing the company at over $2 billion. The 10-year-old firm claims to have trained more than 80% of the world’s top AI models and serves clients like Microsoft and Amazon Web Services. The funding will accelerate its automation services and workforce infrastructure, as it aims to become a dominant player in data operations for AI training.
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Spellbook secures $50M Series B to expand AI-powered legaltech platform

Toronto-based Spellbook, originally founded in St. John’s, raised $50 million USD in Series B funding led by Khosla Ventures, with participation from Threshold Ventures, Inovia Capital, and others. The round values the legaltech startup at $350 million USD. Spellbook’s AI-powered platform has already reviewed over 10 million contracts for nearly 4,000 customers, including Nestlé and eBay, and plans to double its workforce while exploring new product verticals.
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📢 AI Market Trends

Today’s developments show how AI is maturing beyond hype — into measurable value and mass adoption. JPMorgan’s AI payoff demonstrates enterprise-scale ROI, while Spellbook’s funding cements Canada’s rising role in applied AI innovation. Meanwhile, students turning to ChatGPT highlight generational shifts in education, and AI ETFs show growing investor confidence in the sector’s longevity. As Invisible Technologies scales to a $2B valuation, the infrastructure powering AI — from data labeling to automation — remains one of the most profitable growth frontiers in tech.