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Tuesday, 22 September 2026 Reading Room

AI

TD Bank announces $25M collaboration with Cohere to facilitate AI adoption

winnipegfreepress.com ·

TORONTO - TD Bank Group has announced a strategic partnership with Cohere to foster artificial intelligence development and adoption. The lender has pledged an initial investment of up to $25 million over a period of three years. This collaboration will see Layer 6, a Toronto-based AI company acquired by TD in 2018, team up with Canadian AI firm Cohere.

The objective is to explore how AI can be utilized within the bank to enhance productivity, refine decision-making, and elevate client experience. A team from Cohere will collaborate with Layer 6 at the MaRS Discovery District. TD Bank Group has also recently announced a five-year commitment of $150 billion to accelerate investment in key sectors across Canada, including AI.

Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at winnipegfreepress.com →

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