RBC Borealis

RBC Borealis is an artificial intelligence research and innovation center established in 2024, backed by the Royal Bank of Canada. Located in Toronto with additional teams in Waterloo, Montreal, Calgary, and Vancouver, it employs between 500 and 1000 professionals, including architects, engineers, and scientists. The center focuses on advancing AI and data science to enhance financial services and address various societal challenges. RBC Borealis develops scalable AI solutions and platforms that improve personalized client experiences within RBC’s financial services. It conducts research in areas such as deep learning, natural language processing, and responsible AI. The center also contributes to the AI community through resources like RESPECT AI™, which promotes ethical AI development. Collaborating with academic institutions and industry partners, RBC Borealis aims to create innovative solutions that benefit millions of clients and support the broader AI research community.