Leak that could shake the market: Amazon and iShares are testing an AI investment system in Canada — details revealed by a former employee
At the beginning of August, the investment community’s attention was drawn to an unexpected Reddit post: a former Amazon engineer published screenshots and internal project materials that had not been disclosed publicly before. The project is called AI Wealth Grid — a new investment platform that Amazon and iShares (a BlackRock brand) are reportedly testing in closed mode with a group of users in Canada.
The information sparked heated discussions and a series of questions: why have there been no official announcements about such a product if it involves two global giants? And more importantly: why do millions of Canadians still keep their money in TFSAs and RRSPs with minimal returns, while some users already have access to an AI system that distributes capital on its own and works more transparently than any “advisor”?
Where did the leak come from?
A post appeared in the r/CanadaTech subreddit by a user named LogicGatekeeper6675, who introduced himself as a former Amazon engineer. He claimed he discovered the project during an internal security audit.
What is AI Wealth Grid and why is it needed?
According to the insider, AI Wealth Grid is an AI assistant for investments. Its task is to automate what used to require financial knowledge: choosing a strategy, rebalancing a portfolio, and allocating between assets.
The platform is based on Amazon technologies and iShares investment models, which have been used by millions of investors worldwide for decades. Now these approaches are adapted for retail users: you just set a goal (for example, saving for a house, education, or retirement) — and the algorithm does the work.
For Canada, the idea is especially relevant: with inflation above 3%, many TFSAs and savings accounts are effectively depreciating. The leak caused a strong reaction precisely because Grid allegedly gives Canadians access to a tool that was previously available only to institutional funds.
Why Canada?
According to discussions on Reddit, the closed tests are taking place in Toronto and Vancouver. The reason is simple: Canada is considered an “ideal testing ground” for fintech products — the market is developed, the audience is conservative, and regulation (CSA, CIRO) requires transparency.
This explains why Amazon and iShares chose to run a limited user group here.
Tester’s journal: 7 days with AI Wealth Grid
One of the editors, after gaining access to the closed version of the platform, decided to test the system and kept notes.
Tried connecting the account and deposited $250 CAD. The interface is simple: choose a goal and risk profile.
The algorithm allocated funds across several iShares ETFs. The personal account shows the portfolio, forecasts, and reports.
Balance — $268 CAD. Growth is small, but the main thing is that everything is transparent and clear. Reports are available right away, every transaction is explained.
Quick start: how it works
- Register in the system.
- After registration, a specialist will contact you for quick identity verification and account activation.
- Make a deposit from $250 CAD.
- Choose a strategy.
- The system automatically manages the portfolio and shows reports in your personal account.
What’s next?
Amazon and iShares have already launched the first tests in Canada, and this is only the beginning. Access to the system is expected to gradually expand to other regions and provinces.
Experts are confident: the arrival of AI Wealth Grid is an important step for the Canadian market.
Now every investor has the opportunity to use the same principles and algorithms as the largest funds.
For millions of Canadians, this is not theory but a practical alternative to “zero returns on savings.” With AI Wealth Grid, capital growth becomes automated, transparent, and available today.