Montreal, QC – October 1, 2024 – Material Legal Technologies Inc. (“Material”), a Montreal-based startup pioneering innovations in public company reporting and legal compliance, today announced a partnership with Mila - Quebec Artificial Intelligence Institute (“Mila”), a world-class deep learning research center founded by renowned professor Yoshua Bengio. This collaboration aims to advance the development of AI-driven solutions for financial and legal document processing, helping public companies increase transparency and efficiency in their compliance workflows.
This partnership will provide Material with access to a vast network of experts and the opportunity to collaborate closely with Mila’s world-class researchers, allowing Material to explore new AI applications to build upon its existing capabilities, offering clients a more efficient and modern approach to handling complex reporting tasks.
"Partnering with Mila provides us a unique opportunity to enhance the power of AI in public company compliance,” said Bhavish Beejan, CEO of Material. “Combining our deep knowledge of public company needs with Mila's world-leading research capabilities positions us to deliver transformative AI solutions that simplify reporting and compliance processes. Our goal is to make advanced AI tools accessible and impactful for public companies, ensuring greater transparency and efficiency across the board.”
“AI has the ability to greatly simplify complex but essential processes in the financial and regulatory sectors. Mila is pleased to partner with Material, a Montreal-based startup exploring AI solutions to help public companies align with regulations and improve transparency, for the benefit of regulators, companies, and the general public,” said Stéphane Létourneau, Executive Vice-President of Mila
About Material
Material is on a mission to simplify public company reporting and financing. By combining advanced technology with deep legal expertise, Material streamlines regulatory filings and reporting, offering efficient and precise solutions that support companies in navigating complex compliance requirements. Material's approach reduces the burden of manual work and ensures continuous alignment with evolving regulations, helping public companies maintain transparency and accuracy. Learn more at www.material.legal.
About Mila
Founded by Professor Yoshua Bengio of the University of Montreal, Mila is the world’s largest academic research center for deep learning, bringing together over 1,200 specialized researchers in machine learning. Based in Montreal and funded in part by the Government of Canada through the Pan-Canadian AI Strategy, Mila's mission is to be a global center for scientific advancements that inspire innovation and the growth of AI for the benefit of all. Mila is a globally recognized non-profit organization for its significant contributions to deep learning, especially in the fields of language modeling, automatic translation, object recognition, and generative models.
For more information, please contact:
Mila Media Relations
Email: media@mila.quebec
Material
Bhavish Beejan, CEO
Email: bhavish@material.legal
