CIBC Plans More Hiring in Artificial Intelligence, Data Jobs (1)

Canadian Imperial Bank of Commerce plans to hire more than 200 employees in data and artificial intelligence over the next year as it expands its use of generative AI.

The country’s fifth-largest bank has carried out a number of pilot programs using generative AI and is adding staff in Canada to accelerate those efforts, Christina Kramer, the bank’s head of technology and innovation, said in a statement.

One pilot program, called Knowledge Central, uses a “Chat-GPT-like interface” to help CIBC employees answer client questions, a bank spokesperson said. Another, known as CIBC-AI, automates recurring tasks for staff.

Globally, ...