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BMO Launches AI, Quantum Computing Institute

The institute will combine research and governance as BMO says AI already cuts false anti-money-laundering alerts by about 10%.

Summary by bankingdive.com
The institute will help further embed an enterprise-wide AI agenda, advance its quantum strategy and “[keep] us accountable and agile in this era of exponential change,” its lead executive said.

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BetaNews broke the news on Wednesday, April 8, 2026.
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