TD's Layer 6 and Cohere embark on $25-million AI collaboration

Toronto-Dominion Bank is investing up to $25 million over three years to collaborate with AI firm Cohere and TD’s own AI research center, Layer 6. This partnership signals a significant push by a major financial institution to integrate advanced AI models, particularly large language models, into its operations to enhance efficiency and customer service. It's a notable development for those tracking enterprise AI adoption, and we should expect to see concrete use cases emerge from this collaboration in the coming months.

Read the full article at BetaKit

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