Montréal, Canada – June 17, 2026 – Global SecurityTech company Giesecke+Devrient (G+D) today announced the launch of its AI Hub in Montréal, Canada. Located at Mila, the hub is at the heart of G+D’s Global Center of Excellence for AI and will develop applied AI solutions for security-critical domains, including cybersecurity, financial technology, and digital identity. The establishment of the new hub builds on G+D’s long-standing presence in Canada since 1962.
The G+D AI Hub in Montréal will focus on developing and deploying AI systems for environments where security, privacy, and regulatory compliance are essential. Its technical work will span authentication technologies, cybersecurity for digital infrastructures, secure AI systems for payments and transaction processing, as well as group-wide internal AI projects. The hub will play a central role in scaling the company’s global AI capabilities and transforming how it uses AI across its operations.
G+D has invested approximately 40 million CAD (approx. €25 million) in Canada over the past decade in infrastructure, security modernization, and digital transformation initiatives. From today, with the newly launched AI Hub, this amount will further increase through an investment of over 80 million CAD (approx. €50 million) over five years, supporting a global team of around 60 AI specialists, researchers, and product specialists. First projects of the hub already started include AI-enabled insights on eSIM anomalies, AI tracking and logistics solutions and a banking assistant.
Canada was selected as the location for the hub because of its strong AI ecosystem, deep research talent pool, and established innovation infrastructure, particularly in Montréal. The initiative expands G+D’s collaboration with Mila – Quebec Artificial Intelligence Institute, with the AI Hub physically embedded within the institute, enabling close integration and accelerating the translation of advanced AI research into secure, industrial applications. G+D has operated in Canada since 1962, with established sites in Markham, Ontario, and Dorval, Québec.
“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 artificial intelligence, 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 around the world,” 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 partnership 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 Montreal is essential for the years to come,” said Valérie Pisano, President and CEO, Mila.
About Giesecke+Devrient
Giesecke+Devrient (G+D) is a global SecurityTech company headquartered in Munich, Germany. G+D makes the lives of billions of people more secure. The company shapes trust in the digital age, with built-in security technology in three segments: Digital Security, Financial Platforms and Currency Technology.
G+D was founded in 1852 and today has a workforce of 14,500 employees. In the fiscal year 2025, the company generated a turnover of 3.2 billion euros. G+D is represented by 118 subsidiaries and joint ventures in 41 countries.
Further information: www.gi-de.com.
About Mila – Quebec Artificial Intelligence Institute
Founded by Professor Yoshua Bengio, Mila – Quebec Artificial Intelligence Institute is the world's largest academic AI research center specialized in deep learning, home to a community over 1500 strong. Based in Montreal, Mila was created out of a unique partnership between Université de Montréal and McGill University, dedicated to advancing scientific breakthroughs that drive innovation and ensure AI benefits everyone. A non-profit organization, Mila is strongly supported by the Government of Canada through the Pan-Canadian AI Strategy and by the Government of Quebec. Internationally recognized for its influential research, global innovation partnerships, and leadership in multilateral efforts on responsible AI, Mila continues to shape the future of AI worldwide.
For more information: Mila - Quebec Artificial Intelligence Institute
