TD Bank Group announces acquisition of artificial intelligence innovator Layer 6 for undisclosed amount

Toronto-Dominion Bank Group (TD) (TSX:TD) (NYSE:TD) revealed on Tuesday that it acquired Layer 6 Inc, an artificial intelligence (AI) company based in Toronto, Ontario. Layer 6 founders Tomi Poutanen and Jordan Jacobs are also co-founders of the Vector Institute, an AI research and education that…

TD Bank acquires Toronto based artificial intelligence startup Layer 6 AI – Canadian Business – Your Source For Business News

Toronto-Dominion Bank is acquiring artificial intelligence startup Layer 6 AI for an undisclosed amount as financial services companies increasingly look to tap the technology’s potential. Canada’s largest bank by assets has been looking to build up its capabilities in AI for some time, said Michael…

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