Royal Bank of Canada stories

MariaDB moves to buy in-memory specialist GridGain in a bid to deliver sub-millisecond latency for agentic AI and real-time workloads.

Royal Bank of Canada creates AI Group reporting to CEO, targeting up to CAD $1 billion in AI-driven enterprise value by 2027.

Firgun's debut quantum fund deal backs Canada's Photonic from its $250m pot, deepening cross-border UK-North America ties.

Staples Canada is the first national retailer to offer Interac KONEK, a secure Canadian eCommerce payment option supported by Moneris and major banks.

Banks have accelerated the shift from AI research to practical tools, with top institutions rapidly deploying innovations in trading, fraud prevention, and customer service.

Canada commits to train 5,000 energy workers in AI skills and boost computing resources for AI research, advancing clean energy jobs.

Canadian firms Deep Sky and Skyrenu achieve North America's first underground carbon storage via direct air capture at Innisfail, Alberta facility.

The banking industry is seeing a significant acceleration in AI innovation, with a rise in new patents and research publications.

Newly data by Evident shows JPMorgan Chase's ongoing rise as a leading force in AI research, with a significant increase in output.

Banks are dedicating more resources to responsible artificial intelligence, with a 43% staffing increase, but only six clarify their approach.

Bugcrowd appoints Michael Jennings as Board Chair and David Fairman to Advisory Board, strengthening its leadership team and expertise.

Banks across North America and Europe are failing to publicly report on their approaches to responsible AI development.