Unilever Launches Global AI Lab in Toronto to Drive Innovation, Canada

Date:

Unilever, the British-Dutch soap and consumer goods company, has opened its first global artificial intelligence (AI) lab in Toronto. The lab, named Horizon3 Labs, aims to accelerate the development of new AI concepts, designs, and projects. Unilever’s Chief Data Officer, Andy Hill, stated that the company is making a significant investment in AI technology and that the lab will expedite global progress and drive technology innovation.

Toronto was chosen as the location for the lab due to its strategic positioning as a hub for AI expertise in academia, start-ups, and established businesses. Unilever plans to leverage the city’s top-tier talent pool and incorporate the work done in the Toronto lab into its global operations.

Unilever’s investment in the AI lab stems from its focus on using AI to enhance productivity and efficiency. The company is already utilizing AI technology in various areas, including customer service, marketing, and logistics. For example, as the owner of Ben and Jerry’s ice cream, Unilever currently operates 50,000 AI-enabled ice cream freezers that autonomously transport frozen products.

The establishment of Unilever’s AI lab in Toronto is seen as a significant milestone for the city’s tech ecosystem. Stephen Lund, CEO of investment attraction agency Toronto Global, commended the announcement and emphasized the importance of this investment for the region.

In conclusion, Unilever’s opening of its global AI lab in Toronto demonstrates its commitment to harnessing the power of AI technology. With a focus on increasing productivity and efficiency, Unilever aims to leverage Toronto’s AI expertise and incorporate the lab’s innovations into its global business. The move highlights the company’s dedication to staying at the forefront of technological advancements in the consumer goods industry.

See also  AI's Role in Transforming Business Outcomes Across Industries and Sectors

Frequently Asked Questions (FAQs) Related to the Above News

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Share post:

Subscribe

Popular

More like this
Related

Global Data Center Market Projected to Reach $430 Billion by 2028

Global data center market to hit $430 billion by 2028, driven by surging demand for data solutions and tech innovations.

Legal Showdown: OpenAI and GitHub Escape Claims in AI Code Debate

OpenAI and GitHub avoid copyright claims in AI code debate, showcasing the importance of compliance in tech innovation.

Cloudflare Introduces Anti-Crawler Tool to Safeguard Websites from AI Bots

Protect your website from AI bots with Cloudflare's new anti-crawler tool. Safeguard your content and prevent revenue loss.

Paytm Founder Praises Indian Government’s Support for Startup Growth

Paytm founder praises Indian government for fostering startup growth under PM Modi's leadership. Learn how initiatives are driving innovation.