AI & Gen AI news in Canada

An overview of news, trends and research in AI & Gen AI consulting in Canada:

Generative AI’s opportunities and challenges for consulting firms and consultants Consulting firms are rushing to make the most of the generative AI hype – presenting both opportunities and significant challenges for the industry.
03 October 2024
Canadian firms seeing operational gains from GenAI, finds RSM survey Eighty-four percent of Canadian firms that have adopted generative artificial intelligence (GenAI) are already seeing positive returns, according to a recent RSM Canada report.
26 July 2024
KPMG Canada expanding use of AI to boost efficiency and productivity KPMG Canada says it has been investing in generative artificial intelligence (GenAI) proprietary tools, training and solutions to enhance the work of its 10,000 professionals.
17 June 2024
Canadians using AI to find deals, says EY report Amid persistent inflation, Canadians are turning to artificial intelligence (AI) to help them find lower-cost alternatives, according to the most recent EY Future Consumer Index report.
13 June 2024
KPMG Canada expands its executive training centre KPMG Canada, in partnership with Microsoft, has expanded its operational risk skills development centre across the country to upskill executives on generative artificial intelligence and cybersecurit
04 June 2024
Deetken Insight partners with Cypress AI on consulting offering Deetken Insight, a Vancouver-based management consulting firm, has partnered with Cypress AI to launch an artificial intelligence consulting offering.
29 May 2024
BDO launches AI solution for financial institutions BDO Canada has launched an AI-powered solution for financial institutions and their customers – advising on challenges in budgeting, wealth management, and credit worthiness.
02 May 2024
Accenture invests in Canadian robotics startup Sanctuary AI Accenture Ventures, the venture capital arm of technology consultancy Accenture, has invested in Sanctuary AI, a Vancouver-based developer of humanoid general-purpose robots.
02 April 2024
Nearly three-quarters of companies don't have AI protocols for internal comms Seventy-one percent of organizations don’t have guidance for internal communicators on how to use AI tech, according to a Gallagher 2023/24 State of the Sector report.
20 February 2024
Canadian employees have mixed emotions on generative AI Canadian workers are feeling a mixture of emotions about their skills and career prospects in respect to generative AI, according to new research from Robert Half.
28 August 2023
KPI Mining Solutions partners with AI research institute Mila KPI Mining Solutions, the mining sector software division of IT consultancy KPI Digital, has announced a partnership with Mila, the world’s largest academic deep learning (DL) research centre.
17 August 2023
McKinsey partners with generative AI firm Cohere McKinsey & Company has entered a strategic collaboration with Cohere, a Toronto-based developer of enterprise artificial intelligence platforms and large language models (LLMs).
02 August 2023
KPMG invests in AI, expands Microsoft partnership KPMG on Tuesday announced a significant expansion of its global relationship with Microsoft – impacting areas including internal workforce modernization, secure development, and artificial intelligen
13 July 2023
One in five Canadians using generative AI at work or school One in five (20%) of Canadians are using generative artificial intelligence (AI) tools to help them at work or school, according to KPMG Canada’s Generative AI Adoption Index.
04 July 2023
PwC Canada invests $200 million into AI capabilities PwC Canada has announced plans to invest $200 million over the next three years to improve its artificial intelligence capabilities.
05 June 2023
KPMG Canada and MindBridge partner on AI-powered audits KPMG Canada has announced a new strategic alliance with MindBridge, an Ottawa-based startup focusing on financial risk detection, to integrate MindBridge’s AI technology into KPMG International’s dig
16 May 2023
Canadian businesses lagging US in adoption of ChatGPT Canadian businesses are lagging behind their American counterparts in experimenting with OpenAI’s popular generative artificial intelligence tool ChatGPT, according to a recent KPMG survey.
08 May 2023
Deloitte Canada buys AI consultancy Dataperformers Company Inc. Deloitte Canada has acquired Dataperformers Company Inc., a Montreal-based early-stage engineering and applied artificial intelligence (AI) firm.
06 August 2021
Chatbots haven’t impressed consumers, finds StrategyCorp survey After having to interact with more chatbots during the pandemic, Canadian consumers don’t seem too fond of robotic customer service representatives, according to a recent survey from management consu
06 April 2021
Deloitte Canada buys AI and data firm Groundswell Group Deloitte Canada has acquired Groundswell Group, a Calgary-based artificial intelligence and data integration firm.
31 March 2021
Deloitte launches AI institute in Canada Deloitte on Wednesday launched an artificial intelligence (AI)-focused initiative to help foster research and AI adoption across industries, according to a report from BetaKit.
08 March 2021
Automation could replace up to 30% of oil and gas jobs by 2040 Automation could reduce oil and gas workforce jobs in Canada by up to 30% in 20 years, while replacing up to half of job competencies in the upstream sector, according to a recent report from EY.
05 August 2020
Roland Berger adds Stradigi AI to its partner ecosystem Roland Berger, a European management consultancy, has added artificial intelligence software firm Stradigi AI to its global network of partners – Terra Numerata.
17 July 2020
BDO Canada buys AI and data consultancy Lixar Accounting and consulting firm BDO Canada has acquired Lixar, an Ottawa-based firm which delivers AI and data-driven solutions.
17 March 2020
KPMG Canada partners with Faethm to predict AI impacts on workforce KPMG Canada has entered a strategic alliance with Faethm, a Sydney, Australia–based artificial intelligence (AI) analytics SaaS platform company.
10 December 2019
McKinsey & Company invests in Montreal’s Element AI Element AI, a Montreal-based global developer of artificial intelligence software, raised $200 million in a Series B Round of financing.
18 September 2019
Students from Toronto win KPMG's global AI innovation challenge Team Paramount AI from the University of Toronto on the KPMG Ideation Challenge 2019, which welcomed university teams from nine countries to create solutions that leverage artificial intelligence to
22 May 2019
McKinsey's QuantumBlack launches office in Montreal London-based QuantumBlack, a leading advanced analytics firm acquired by McKinsey & Company in 2015, will be launching its first Canadian office – in the AI and deep learning hub of Montreal, QC.
10 December 2018
Accenture opens innovation hub in Toronto, will add 800 jobs Global management and technology consultancy Accenture opened a new innovation hub in Toronto last week. The hub, located at Scotia Plaza on King St W, will add 800 high-skill tech jobs by 2020.
04 December 2018
AI consultancy Koïos Intelligence developing new insurtech product Montreal-based technology and consulting firm Koïos will reveal a new solution that it hopes will become the AirBnB of the insurance market.
29 October 2018

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