Bank of New York Mellon Partners with Carnegie Mellon to Advance AI Research

Bank of New York Mellon (BK) is partnering with Carnegie Mellon University to invest $10 million in AI research. The collaboration will focus on developing AI technologies for financial services, ensuring trust, governance, and accountability. A dedicated space on CMU's Pittsburgh campus will be established to support research and talent collaboration. BK is a global financial services company that provides securities services, market and wealth services, and investment and wealth management to institutional and retail clients.