B

BorealisAI

🇨🇦CanadaCorporateFoundation Models
55

Out of 100

N/A

Post-money

N/A

All rounds

55/100

2018

100-500 employees

March 2026

Borealis AI is the AI research laboratory of Royal Bank of Canada, conducting fundamental and applied machine learning research with a focus on financial AI applications including time series forecasting, anomaly detection, natural language processing for financial documents, and AI fairness in credit and fraud decision systems. The Toronto-based lab collaborates with academic institutions and pub

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R

Russ Salakhutdinov

Founder & CEO

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StageCorporate
Employees100-500
Country🇨🇦 Canada

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Corporate · No public funding round data available yet.

Frequently Asked Questions

What is BorealisAI's valuation?
BorealisAI's valuation is not publicly disclosed.
Who invested in BorealisAI?
Investor information for BorealisAI is not publicly available at this time.
When did BorealisAI last raise funding?
No public funding round data is currently available for BorealisAI.
How many employees does BorealisAI have?
BorealisAI has approximately 100-500 employees.
What does BorealisAI do?
Borealis AI is the AI research laboratory of Royal Bank of Canada, conducting fundamental and applied machine learning research with a focus on financial AI applications including time series forecasting, anomaly detection, natural language processing for financial documents, and AI fairness in credit and fraud decision systems. The Toronto-based lab collaborates with academic institutions and publishes research while developing AI capabilities deployed across RBC banking and capital markets operations.\n\nFully funded by Royal Bank of Canada, one of Canada largest financial institutions, Borealis AI operates without external investment, accessing the capital resources and data infrastructure of a tier-one bank for its research programmes. The lab has published extensively in top machine learning venues and developed open-source tools for temporal point processes and probabilistic forecasting that have been adopted by the broader research community.\n\nBorealis AI competes for talent with AI research labs including Vector Institute, Mila, and commercial labs from Google DeepMind and Meta AI that recruit from the same Canadian academic AI talent pool. The RBC affiliation provides access to real financial data at scale that academic labs cannot access, enabling research on problems including financial time series prediction and credit decision fairness that require production-scale data. The lab serves as both a research institution and a talent pipeline for RBC internal AI engineering teams building AI features across the bank retail, wealth management, and capital markets business lines.