CIBC weighs costs as select employees test more powerful AI tool

CIBC weighs costs as select employees test more powerful AI tool

Canadian Imperial Bank of Commerce is testing a new artificial-intelligence workspace with about 250 handpicked employees as the company weighs how quickly it can expand access to a tool that is more powerful — and more expensive — than its first internal chatbot.

CIBC launches new AI-powered platform to help advisors spend more time with clients - CanadianSME Small Business Magazine

CIBC today announced the national launch of a proprietary, AI-enabled solution, CIBC AdvisorAssist, that helps advisors spend less time on administrative work and more time on client conversation, advice and relationships while integrating important regulatory compliance activities.  The new tool leverages generative AI to automatically capture and summarize detailed notes during client meetings. It also streamlines follow-up documentation, enab…