The Royal Bank of Canada will invest tens of millions of dollars in AI research in the coming years . TORONTO, Jan 18 (Reuters) - The bank has hired John Sutton , a pioneer in the field of machine learning , as an advisor to a new research lab . Sutton has made contributions in the areas of “ reinforcement learning ” , the technique behind Google ’s AlphaGo , and autonomous vehicles . Last week at the RBC 2017 Canadian Bank CEO Conference , RBC Chief Executive Dave McKay highlighted AI as the most transformative technology in banking today .
The Royal Bank of Canada will invest tens of millions of dollars in AI research in the coming years . The bank has hired John Sutton , a pioneer in the field of machine learning , as an advisor to a new research lab . Sutton has made contributions in the areas of “ reinforcement learning ” , the technique behind Google ’s AlphaGo , and autonomous vehicles . Last week at the RBC 2017 Canadian Bank CEO Conference , RBC Chief Executive Dave McKay highlighted AI as the most transformative technology in banking today .