RBC Embeds AI at the Core of Banking, Aiming for $1 Billion in Returns

Royal Bank of Canada (RBC) is integrating artificial intelligence into its core operations, from developer workflows to capital markets and enterprise decision-making, with a goal of achieving up to $1 billion in AI-generated enterprise value by 2027. This strategic shift positions RBC as a leader in scaled AI adoption within the financial sector, leveraging tools like RBC Assist for internal workflows and the Aiden platform for capital markets. The bank’s commitment is further solidified by a dedicated AI Group reporting to the CEO and significant annual technology investments.

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