UBS' Artificial Intelligence Grab

Switzerland's largest bank is expanding a site in Ticino to specialize in artificial intelligence. The move will create 80 new jobs in southern Switzerland. The University of Lugano IDSIA institute has advanced to a recognized research center for machine learning and artificial intelligence. Now, Zurich-based UBS is linking up with the institute, news agency «AWP» (behind paywall, in German) reported on Wednesday. The bank plans to expand a site in Manno, southern Switzerland, into a center for artificial intelligence, analytics and innovation.