Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Fintech»Major Bank Joins CDL Program to Realize ‘Transformative Potential of AI’
    Fintech

    Major Bank Joins CDL Program to Realize ‘Transformative Potential of AI’

    August 7, 20242 Mins Read


    Creative Destruction Lab this week announced a strategic collaboration with a Big Five Bank.

    The collab with CIBC is oriented around artificial intelligence, according to Sonia Sennik, chief executive of CDL.

    AI is simply too important to not focus on, she says.

    “Over the past two years, we have witnessed a Cambrian explosion of off-the-shelf AI solutions, shifting the challenge from scarcity to prioritization,” Sennik stated.

    CIBC is joining CDL’s “Putting AI to Work” program.

    “We are thrilled to welcome CIBC to CDL’s Putting AI to Work Program,” Sennik said, “and empower the bank to select and rapidly implement the best AI solutions and ensure tangible productivity gains.”

    As a participant in CDL’s AI program, CIBC will be part of a cohort consisting of organizations from sectors across the Canadian economy, all focused on integrating AI across their businesses to do more for stakeholders.

    “Working with Creative Destruction Lab gives CIBC a unique opportunity to work with industry leaders in furthering our approach to AI and how it can be leveraged to deliver against our client-focused strategy,” commented Dave Gillespie, Executive Vice-President of Infrastructure, Architecture and Modernization at CIBC.

    The cohort will participate in a 12-month program designed to facilitate the development and sharing of best practices within the Canadian AI ecosystem.

    “This collaboration is a progressive next step in CIBC’s commitment to recognizing the transformative potential of AI, and we are proud to be working with CDL as we continue to integrate this technology into our operations to better serve our clients and improve efficiencies,” he added.

    In another commitment to AI, CIBC recently expanded its partnership with the Vector Institute, a nonprofit corporation dedicated to advancing the field of AI through research and application.

    The company is also actively advancing AI adoption in-house with a promise to hire more skilled tech talent this year.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    La fintech brésilienne XP poursuit le vendeur à découvert Grizzly Research à New York pour diffamation

    Fintech

    Deux ans après sa levée de fonds, Dougs est en pleine croissance

    Fintech

    Niyogin Fintech enregistre une croissance de 53% de son encours brut de prêts au premier trimestre fiscal

    Fintech

    quand la menace devient une opportunité

    Fintech

    Le portefeuille de prêts bruts de Niyogin FinTech bondit de 52,7 % au premier trimestre

    Fintech

    Le bénéfice de K Cash Fintech devrait augmenter au premier semestre

    Fintech
    Leave A Reply Cancel Reply

    Top Picks
    Precious Metal

    America’s #1 Theme Park Christmas Event Returns to Silver Dollar City

    Cryptocurrency

    August 2024 Presale Picks: Spotlight on Top Crypto Opportunities

    Commodities

    What is Commodity Trading? + How to Start in the UK

    Editors Picks

    Should You Buy the 3 Highest-Paying Dividend Stocks in the S&P 500?

    October 18, 2024

    Scottish towns named cheapest in UK for first-time buyers

    March 7, 2025

    Duke Energy dope ses plans d’investissements, avec la demande liée à l’IA

    February 13, 2025

    sept talents aux parcours inspirants en 2025

    May 27, 2025
    What's Hot

    Ohio farmers export half their soybeans. Tariffs and USAID cuts could hurt business.

    March 6, 2025

    AP PHOTOS: White Afrikaner farmers at an agricultural fair deny Trump’s genocide claims

    May 20, 2025

    What will millennial investors pick?- The Week

    October 26, 2024
    Our Picks

    Senate Urges Crypto Regulation in Nigeria

    June 13, 2025

    Xero Reveals Upgraded Fintech Stack for Canadian Users at Xerocon Nashville

    August 16, 2024

    Pinnacle Silver and Gold Corp. fait le point sur l’avancement des travaux sur la propriété aurifère et argentifère à haute teneur El Potrero récemment acquise à Durango, au Mexique.

    April 17, 2025
    Weekly Top

    Cryptocurrency News Live: Bitcoin, Ethereum, Solana, other coins price updates; check trading, m-cap

    July 7, 2025

    Vosges. Que prévoit vraiment le projet industriel à 1,4 milliard d’euros porté par Verso Energy à Chavelot ?

    July 7, 2025

    du hard rock alsacien à croquer par les oreilles

    July 7, 2025
    Editor's Pick

    Charter Hall augmente sa participation dans Hotel Property Investments -Le 12 février 2025 à 01:08

    February 11, 2025

    Cette compagnie aérienne fait faillite et annule tous les vols à l’aéroport, laissant les voyageurs sans solution

    May 23, 2025

    advanced technologies, the government plans investments of over 22 billion dollars

    August 26, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.