TD Bank Group announced it will open a new Layer 6 office in New York City. As TD’s AI research and development center, Layer 6 has driven TD’s ability to deploy advanced Machine Learning solutions since it was acquired by TD in 2018. Currently operating from its head office in Toronto’s MARS Innovation District, the new Layer 6 office will now grow to more closely support TD Bank, America’s Most Convenient Bank®, as well as TD’s other U.S. based operations. It will also allow TD to take advantage of an expanded pool of world-class talent and further cement its leadership and competitive advantage driving innovation in banking through AI. The Layer 6 office will formally open later in 2025 with a mixture of an initial 20 data scientists, applied machine learning scientists, GenAI implementation specialists, and others, who will sit at TD’s New York office, One Vanderbilt. “Our U.S. expansion of Layer 6 underscores our commitment to deepening our presence in New York City and investing in the future of innovation,” said Leo Salom, President and CEO of TD Bank. “The new Layer 6 office establishes a strong foundation for advancing our GenAI capabilities and bringing critical expertise and delivery in-house.”