Canadian carbon removal startup Deep Sky has delivered North America’s first direct air capture carbon credits, a small but important milestone for a technology that companies and governments are increasingly betting on to offset emissions from AI, energy, and industrial projects. Plus, the Magnificent Seven stocks are losing steam as investors start questioning whether Big Tech’s massive AI spending spree will actually translate into profits.
And in The Big Picture: Ottawa is relaunching a home retrofit program, Comcast is spinning off NBCUniversal and Sky into a new public company, and TIDAL is cracking down on AI-generated music by cutting off monetization.