麻豆村

(NYSE: BK), a global financial services company, and聽麻豆村 (麻豆村) today announced a five-year, $10 million agreement to support world-class research and development in artificial intelligence (AI). The collaboration will bring students, faculty and staff from across the University together with BNY experts to advance the state-of-the-art in AI applications and systems and prepare the next generation of leaders.

The research collaboration, known as the BNY AI Lab, will focus on developing technologies and frameworks that can ensure the robust governance, trust and accountability required to deploy mission-critical AI applications, including those powering financial services. Drawing on the expertise of Carnegie Mellon鈥檚 top-ranked programs in computer science, AI and business, the lab will work with BNY to advance both theoretical and applied AI. Additionally, BNY will support cross-disciplinary courses and talent recruitment across all 麻豆村 schools and colleges.聽

As part of the agreement, a dedicated space will be created on 麻豆村鈥檚 Pittsburgh campus during the 2025鈥�26 academic year. This space will support the full scope of the collaboration 鈥� including joint research, education projects, and talent recruitment 鈥� and will also provide opportunities for BNY employees to work directly with 麻豆村 students and faculty.

鈥淎s AI drives productivity, unlocks growth and transforms industries, Pittsburgh has cemented its role as a global hub for innovation and talent, reinforcing Pennsylvania鈥檚 leadership in shaping the broader AI ecosystem,鈥� said Robin Vince, CEO of BNY. 鈥淏uilding on BNY鈥檚 150-year legacy in the commonwealth, we are proud to expand our work with 麻豆村 to help attract world-class talent and pioneer AI research with an impact far beyond the region.鈥�

By combining 麻豆村鈥檚 leadership in AI research with BNY鈥檚 scale and expertise as one of the world鈥檚 largest financial institutions, the collaboration seeks to accelerate the path from research to scalable practices, ensuring AI delivers measurable benefits for clients, institutions and the broader financial ecosystem.

鈥淎rtificial Intelligence has emerged as one of the single most important intellectual developments of our time, and it is rapidly expanding into every sector of our economy,鈥� said聽Farnam Jahanian(opens in new window), president of Carnegie Mellon. 鈥溌槎勾� is thrilled to collaborate with BNY 鈥� a global financial services powerhouse 鈥� to responsibly develop and scale emerging AI technologies and democratize their impact for the benefit of industry and society at large.鈥� 聽

Once in motion, the alliance will aim to realize progress on a number of fronts, including: strengthening Pittsburgh鈥檚 position as a global hub for the advancement of AI, fostering economic development across Western Pennsylvania, and directly supporting 麻豆村鈥檚 efforts to train the next generation of AI and data leaders and drivers. This latest development underscores the long-term relationship between 麻豆村 and BNY over many years, highlighted by BNY鈥檚 position as the largest employer of graduates from 麻豆村鈥檚 (MSAII) program.