New unicorn 🦄 - Canada has a new billion-dollar AI company, Prada turns tourism operator.

Toronto-based Biossil has become Canada’s newest AI unicorn after raising US$153 million in a round led by OpenAI, betting that artificial intelligence can find new uses for drugs that failed in late-stage clinical trials — and potentially turn pharmaceutical castoffs into medical breakthroughs.Plus, luxury brands like Prada, Chanel, and Louis Vuitton are spending millions to take their wealthiest customers on exclusive trips and experiences, as a slowdown among aspirational shoppers pushes the industry to focus on the small group of buyers who account for an outsized share of sales.And in The Big Picture: Nvidia launches a tool to rein in rogue AI agents, Canada’s competition watchdog investigates grocery pricing policies, SpaceX sends its massive Starship rocket into orbit, Stelco lays off 350 workers, the FBI offers a US$1 million reward in the Nijjar case, the U.S. and China remove tariffs on billions in goods, and more.The Peak Daily is produced in partnership with reframevid.com