New AI tools continue momentum of delivering on client-focused strategy and streamlining processes 

TORONTO, Aug. 15, 2024 /CNW/ - CIBC today announced the launch of two new AI-driven tools, CIBC AI for team members, and GitHub CoPilot for its developer community, to put more tools in the hands of CIBC team members to deliver on the bank's client-focused strategy.

CIBC AI is a cutting-edge Generative AI platform designed to foster innovation, and drive productivity improvements throughout the organization. This custom-built GenAI tool has been designed by CIBC from the ground up to support team members with a task-driven design approach by providing access to multiple powerful language models, allowing the bank's workforce to automate regular recurring tasks and focus their time on higher-value, client-centric activities. For example, team members can quickly summarize documents, generate post-meeting support materials or help draft emails and other text-based content.

Food leads housing as the category impacting residents the most

TORONTO, Aug. 13, 2024 /CNW/ - A new poll from Ipsos, conducted on behalf of Simplii Financial, shows that nearly half of Canadians (46 per cent) are losing sleep over the increased cost of living, and a similar percentage (47 per cent) are experiencing some strain on their personal relationships due to economic pressures.

TORONTO, Aug. 8, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that François Poirier will be joining its Board of Directors effective September 1, 2024.

Mr. Poirier is President and CEO of TC Energy Corporation, one of North America's leading energy infrastructure companies, and brings significant experience in the energy sector spanning power generation, sustainability, risk management, and corporate development. Mr. Poirier has held a variety of senior leadership roles at TC Energy Corporation including Chief Operating Officer and President, Power and Storage. He also previously served as Executive Vice President, Strategy and Corporate Development.