Global SecurityTech company Giesecke+Devrient (G+D) today announced the launch of its AI Hub in Montréal. Located at Mila, the hub is at the heart of G+D's Global Center of Excellence for AI. It will develop AI solutions for security-critical environments, including authentication, cybersecurity for digital infrastructures, secure payment and transaction AI, and group-wide internal AI projects — where security, privacy and regulatory compliance are paramount.
G+D launches AI Hub in Montréal at Mila with €50M (CAD 80M) investment over five years.
Hub will support around 60 AI specialists, researchers, and product specialists.
First projects include AI-enabled insights on eSIM anomalies, AI tracking and logistics, and a banking assistant.
G+D invested approximately CAD 40M (€25M) in Canada over past decade.
Hub expands collaboration with Mila – Quebec Artificial Intelligence Institute.
G+D is headquartered in Munich, Germany.
G+D selected Montréal for the hub because of its strong AI ecosystem, deep research talent, and innovation infrastructure. The initiative expands G+D's collaboration with Mila – Quebec Artificial Intelligence Institute. Located at the institute, the AI Hub will help accelerate translating advanced AI research into secure, industrial applications.
"At G+D, we see AI as a powerful driver of value creation for our customers and our business. That is why we established our AI Hub in Montréal, where cutting-edge research becomes real, secure technology with purpose," said Gabriel von Mitschke-Collande, Chief Digital Officer and member of the Group Management Board at G+D. "Together with Mila, we aim to build AI solutions that people can trust, because security, trust, and human benefit are not add-ons for us. They are the foundation of meaningful and sustainable innovation."
"Canada is proud to be at the forefront of AI, bringing together world-class talent with a strong foundation of trust, ethics and innovation – underpinned by our new National AI Strategy, AI for All. An example of this leadership is G+D selecting Montréal for its next AI Hub, which highlights the strength and global competitiveness of Canada's AI ecosystem. By working with leading international partners, we are advancing secure, responsible AI that supports critical infrastructure, drives economic growth, and delivers real benefits for Canadians and people worldwide," said the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario.
"We are proud that G+D has chosen Mila to establish its new AI Hub in Canada. This underscores the strength of our ecosystem and Mila's ability to bridge cutting-edge research with real-world applications in areas where security, trust, and responsibility are paramount. As Canada strengthens its strategic economic and defense partnerships, attracting leading global players to Montréal is essential for the years to come," said Valérie Pisano, President and CEO, Mila.
About Giesecke+Devrient
G+D is a global SecurityTech company headquartered in Munich, Germany. The company shapes trust in the digital age, with built-in security technology in Digital Security, Financial Platforms and Currency Technology.
