RBC and Cohere partner to develop the next generation of highly secure generative AI solutions for financial services
Portfolio Pulse from
RBC has partnered with Cohere to develop a secure generative AI solution for financial services, named North for Banking. This collaboration aims to enhance RBC's AI capabilities by integrating proprietary models and internal platforms.

January 09, 2025 | 11:15 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
RBC has partnered with Cohere to develop North for Banking, a secure generative AI solution for financial services. This partnership is expected to enhance RBC's AI capabilities and improve service efficiency.
The partnership with Cohere to develop a secure AI solution is likely to enhance RBC's technological capabilities and service offerings, potentially leading to improved operational efficiency and customer satisfaction. This positive development could have a favorable impact on RBC's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90