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RBC, Red Hat and NVIDIA jointly launched AI platform

Jul 24, 2020

Red Hat OpenShift and NVIDIA’s DGX AI computing systems power that private cloud system

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RBC, Red Hat and NVIDIA jointly launched AI platform. Source: alizila.com

Royal Bank of Canada and its AI research institute Borealis AI have teamed up with Red Hat and NVIDIA to develop a new AI computing platform. The platform is designed to transform the customer banking experience and help keep pace with technology changes and evolving customer expectations.

RBC and Borealis AI aim to build an AI infrastructure that would allow to bring transformative intelligent apps to market faster. Consequently, that would deliver an enhanced experience for clients.

RBC’s AI private cloud can run thousands of simulations and analyze millions of data points faster than before. The self-service infrastructure will allow RBC to build, deploy, and maintain next-generation AI-powered banking applications.

In today’s ever-changing marketplace, we must always be at the forefront of innovation for our clients. We are proud to have delivered a unique AI Private Cloud capability in-house, leveraging our strong collaboration with Red Hat and NVIDIA. This cloud offers GPU acceleration and containerized platform benefits, and we are well-positioned to provide the best experience possible for our customers going forward
Mike Tardif, Senior Vice President, Tech Infrastructure, Royal Bank of Canada

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