AI News Bureau
The partnership will combine Mila - Quebec AI Institute’s research expertise with Mastercard’s leadership in data governance to promote transparency, accountability, and compliance with evolving AI regulations.
Written by: CDO Magazine Bureau
Updated 7:17 PM UTC, Mon June 23, 2025
Mila – Quebec Artificial Intelligence Institute has announced a new partnership with Mastercard focused on strengthening and deploying AI initiatives grounded in ethical standards. The collaboration will prioritize fairness in AI, with joint efforts to advance bias testing and mitigation techniques.
The partnership will combine Mila’s research expertise with Mastercard’s leadership in data governance to promote transparency, accountability, and compliance with evolving AI regulations.
“Mila is very pleased to partner with Mastercard, a major global payments and technology company,” said Stéphane Létourneau, Executive Vice President of Mila. “This partnership highlights our shared commitment to fostering fairness, transparency, and accountability in the development of AI.”
Together, the two organizations will engage in research, thought leadership and risk management initiatives aimed at ensuring AI technologies are developed and deployed responsibly.