RBC and Cohere to Co-Develop Generative AI Models for Enhanced Data Security and Privacy

Exploring the Future of Secure Data Management with Innovative AI Solutions

Highlights:

  • RBC partners with Cohere to develop advanced generative AI models.
  • The initiative aims to enhance data security and privacy measures.
  • Focus on creating innovative AI-driven solutions for the financial sector.

RBC has announced a collaboration with Cohere to develop generative AI models that prioritize data security and privacy. This partnership aims to leverage cutting-edge AI technology to establish more secure practices within the financial industry. By focusing on innovative solutions, they intend to set new standards for safeguarding sensitive information. This initiative reflects the growing need for enhanced cybersecurity measures driven by AI advancements.

Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Revolut’s Storonsky Strengthens Residency in UK After Filing Error

CEO Nik Storonsky clarifies residency status following administrative mistake.Highlights: Nik Storonsky corrects residency status following a filing error.Revolut's...

PicPay Strengthens Position with $25 Billion Valuation in New York IPO

The Brazilian payments platform PicPay goes public, marking a significant milestone.Highlights: PicPay valued at $25 billion following its...

Long-Term DEI Efforts Strengthen Business Outcomes

Exploring how diversity, equity, and inclusion impact corporate success.Highlights: Diversity, equity, and inclusion (DEI) enhance employee engagement.Companies with...

EBAday Fintech Zone Winners Strengthen Industry Presence

Insights into past winners and their ongoing impact on fintech.Highlights: EBAday 2023 showcased multiple fintech innovations.Winners are expanding...