Synthetic intelligence (AI) is quick turning into a core a part of how companies function and develop. From automating workflows to bettering decision-making, AI is continuous to reshape industries at a speedy tempo. And the dimensions of funding going into this shift is very large. In accordance with a current CNBC report, main tech giants like Amazon, Microsoft, Alphabet, and Meta are anticipated to collectively spend near US$700 billion on AI infrastructure in 2026 alone.
For traders, this highlights simply how huge the chance has turn into. Nevertheless it additionally exhibits that actual worth is being constructed behind the scenes — via knowledge centres, computing energy, and platforms that allow AI to operate at scale.
On this article, let’s take a better have a look at two Canadian shares which are positioning themselves to learn from this highly effective development.
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Keel Infrastructure inventory: A shift towards AI infrastructure
As AI adoption accelerates, the demand for computing energy and knowledge infrastructure is rising simply as rapidly. That is the place Keel Infrastructure (TSX:KEEL) is carving out its area. The corporate has undergone a serious transformation currently, shifting away from Bitcoin mining to focus totally on high-performance computing (HPC) and AI infrastructure. This main change aligns intently with the place the business is heading.
To place it merely, Keel generates income by offering energy-backed knowledge centre websites designed for AI workloads. Its inventory has gained 237% over the past 12 months to presently commerce at $3.91 per share with a market cap of $2.4 billion, reflecting rising investor curiosity in its new route.
From a monetary standpoint, the corporate reported US$229 million in income in 2025, marking a 72% year-over-year (YoY) improve. Whereas it posted an working lack of US$150 million, its adjusted EBITDA (earnings earlier than curiosity, taxes, depreciation, and amortization) got here in at US$29 million, which was about 13% of complete income, exhibiting underlying operational power.
In the meantime, its steadiness sheet stays sturdy. With $520 million in liquidity, together with money and unencumbered Bitcoin, Keel has the sources to proceed increasing its footprint.
Its growth pipeline of round 2.2 gigawatts throughout key North American areas like Pennsylvania, Washington, and Québec positions it effectively to satisfy rising demand for AI infrastructure within the coming years.
Shopify inventory: A confirmed platform benefiting from AI-driven commerce
Whereas infrastructure is one facet of the AI story, software is the opposite. And that’s the place Shopify (TSX:SHOP) is strengthening its presence. As a worldwide commerce platform, it permits companies to promote throughout on-line, in-store, and digital channels. As extra retailers undertake AI instruments to optimize operations, personalize buyer experiences, and enhance effectivity, Shopify is turning into an much more beneficial platform.
After leaping 59% within the final 12 months, SHOP inventory is presently buying and selling at round $184.53 per share with a market cap of about $240 billion.
Its platform integrates a number of gross sales channels into one system, permitting retailers to handle every little thing from stock to funds in a single place. This unified method makes it simpler to include AI-driven instruments and options, that are anticipated to additional improve its worth proposition. As Shopify continues to spend money on AI-powered innovation, its inventory could proceed to learn from this quickly rising development.
Why these shares may benefit from the AI increase
The AI alternative isn’t restricted to 1 sort of enterprise. It spans infrastructure, software program, and platforms – and each of those corporations are tapping into completely different components of that ecosystem.
Keel Infrastructure gives publicity to the rising demand for computing energy, which is important for coaching and operating AI fashions. On the similar time, Shopify advantages from the rising use of AI in commerce, serving to companies function extra effectively and scale sooner.
For long-term traders, having publicity to either side of this development could possibly be a sensible strategy to seize the total potential of the AI increase.
