This morning, BMO announced that it is making a $5 million investment in a new University of Toronto lab called the BMO Lab for Creative Research in the Arts, Performance, Emerging Technologies, and AI. This is the bank's largest investment in a Canadian post secondary institution to date. The BMO Lab will host high-profile, public artistic events, and aims to create a global network of artists and researchers that combine art and technology. The BMO lab will be housed within the University of Toronto's Centre for Drama, Theatre, and Performance Studies. Students from the arts, humanities, sciences, and engineering will be able to explore how AI and other technologies can impact artistic expression.