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BMO Opens Enterprise Institute for AI and Quantum Computing
Canadian bank BMO established an enterprise-wide centre of excellence focused on responsible AI innovation, application, governance, and quantum computing capability development. The institute consolidates BMO's scattered AI initiatives into a single organizational unit with executive sponsorship. This follows a pattern of major banks (Lloyds, JPMorgan, BMO) establishing dedicated AI governance structures in 2026, signaling financial services is moving from experimentation to institutionalization.
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