UBS Invests in Domino Data Lab, Deepening Strategic Partnership to Drive Next Wave of Enterprise AI Innovation
UBS (NYSE:UBS) has expanded its strategic partnership with Domino Data Lab through a significant equity investment, marking a deepening of their five-year collaboration in enterprise AI development. The partnership centers on scaling RiskLab, UBS's AI model development and validation platform built on Domino's technology.
As part of the agreement, a UBS representative will join Domino Data Lab's Board as an observer. The expanded collaboration aims to streamline AI model development across UBS, focusing on secure, collaborative, and auditable AI solutions while maintaining robust governance and risk management practices.
UBS (NYSE:UBS) ha ampliato la partnership strategica con Domino Data Lab mediante un significativo investimento azionario, consolidando la loro collaborazione quinquennale nello sviluppo dell'AI aziendale. L'intesa è incentrata sull'espansione di RiskLab, la piattaforma di sviluppo e validazione dei modelli AI di UBS basata sulla tecnologia Domino.
Come parte dell'accordo, un rappresentante di UBS entrerà nel Consiglio di Amministrazione di Domino Data Lab con ruolo di osservatore. La collaborazione ampliata mira a velocizzare lo sviluppo dei modelli AI in tutta UBS, puntando su soluzioni AI sicure, collaborative e verificabili, mantenendo al contempo solidi processi di governance e gestione del rischio.
UBS (NYSE:UBS) ha ampliado su alianza estratégica con Domino Data Lab mediante una importante inversión de capital, profundizando su colaboración de cinco años en el desarrollo de IA empresarial. La asociación se centra en escalar RiskLab, la plataforma de UBS para el desarrollo y la validación de modelos de IA construida sobre la tecnología de Domino.
Como parte del acuerdo, un representante de UBS se unirá al Consejo de Administración de Domino Data Lab como observador. La colaboración ampliada pretende agilizar el desarrollo de modelos de IA en todo UBS, con foco en soluciones de IA seguras, colaborativas y auditables, manteniendo prácticas sólidas de gobernanza y gestión del riesgo.
UBS (NYSE:UBS)는 상당한 지분 투자를 통해 Domino Data Lab과의 전략적 파트너십을 확대하여 5년 간의 엔터프라이즈 AI 협력을 심화했습니다. 이번 파트너십은 Domino 기술을 기반으로 구축된 UBS의 AI 모델 개발 및 검증 플랫폼인 RiskLab의 확장을 중심으로 합니다.
합의의 일환으로 UBS 대표가 관찰자 자격으로 Domino Data Lab 이사회에 합류합니다. 확대된 협력은 UBS 전반의 AI 모델 개발을 간소화하는 것을 목표로 하며, 안전하고 협업적이며 감사 가능한 AI 솔루션 제공과 함께 견고한 거버넌스 및 리스크 관리 관행을 유지하는 데 중점을 둡니다.
UBS (NYSE:UBS) a renforcé son partenariat stratégique avec Domino Data Lab par un investissement en capital significatif, approfondissant leur collaboration de cinq ans dans le développement de l'IA d'entreprise. Le partenariat porte principalement sur la montée en puissance de RiskLab, la plateforme de développement et de validation de modèles IA d'UBS construite sur la technologie Domino.
Dans le cadre de l'accord, un représentant d'UBS rejoindra le conseil d'administration de Domino Data Lab en tant qu'observateur. Cette collaboration élargie vise à rationaliser le développement des modèles IA chez UBS, en privilégiant des solutions IA sécurisées, collaboratives et auditables, tout en maintenant des pratiques solides de gouvernance et de gestion des risques.
UBS (NYSE:UBS) hat seine strategische Partnerschaft mit Domino Data Lab durch eine bedeutende Kapitalbeteiligung ausgeweitet und damit die fünfjährige Zusammenarbeit im Bereich Enterprise-AI vertieft. Im Mittelpunkt der Partnerschaft steht die Skalierung von RiskLab, UBS' Plattform zur Entwicklung und Validierung von KI-Modellen, die auf Domino-Technologie basiert.
Im Rahmen der Vereinbarung wird ein Vertreter von UBS als Beobachter in den Vorstand von Domino Data Lab berufen. Die erweiterte Zusammenarbeit zielt darauf ab, die Entwicklung von KI-Modellen bei UBS zu vereinfachen und legt den Fokus auf sichere, kollaborative und prüfbare KI-Lösungen bei gleichzeitiger Beibehaltung solider Governance- und Risikomanagementpraktiken.
- Strategic equity investment strengthens UBS's position in AI innovation
- Expansion of successful 5-year partnership with proven track record
- Enhanced AI governance and risk management capabilities
- Board observer position provides strategic oversight of the partnership
- Financial terms of the investment not disclosed
- Implementation timeline and specific ROI metrics not provided
Insights
UBS's strategic investment in Domino Data Lab strengthens AI governance capabilities while positioning the bank as a technology leader in financial services.
The equity investment by UBS in Domino Data Lab marks a significant expansion of their five-year partnership, transforming what began as a specialized AI platform within UBS's RiskLab into an enterprise-wide AI foundation. This move demonstrates UBS's commitment to becoming an AI-enabled institution with a systematic approach to model development and governance.
What's particularly noteworthy is how UBS is prioritizing a risk-based approach to AI deployment – a critical consideration in the highly regulated banking industry. By extending Domino's platform across the organization, UBS is implementing a unified framework that enables model traceability, governance, and collaborative development while maintaining regulatory compliance.
This partnership addresses two fundamental challenges financial institutions face with AI adoption: maintaining tight governance while accelerating innovation. The bank-wide implementation suggests UBS is moving beyond experimental AI to operationalized, production-scale deployment. Given the complexity of integrating AI across a global banking operation, UBS's selection of a partner they've already worked with for five years represents a measured approach to scaling their AI capabilities.
For UBS stakeholders, this strategic move positions the bank to potentially realize efficiency gains across multiple business functions while establishing the infrastructure necessary for future AI initiatives. By prioritizing governance alongside innovation, UBS is taking a prudent approach to AI adoption that aligns with the stringent requirements of financial services.
Partnership will help identify and grow scalable AI models with robust governance and risk management at its core
The broadened partnership builds on over five years of successful collaboration with RiskLab, UBS's platform for AI model development and validation. The platform was built within the UBS environment, based on Domino's product, providing a secure, collaborative, and auditable foundation for AI model development, supporting UBS's risk-based approach.
The innovative approach will now be rolled out across the bank to streamline AI model development and deployment, driving efficiency and innovation across UBS, and ensuring that AI-driven solutions are readily available to meet business needs. It is expected to help to accelerate UBS's broader AI strategy by strategically further embedding a risk-based approach to model development.
"At UBS, we're making bold choices to ensure we're an AI-enabled institution – leveraging cutting-edge technologies to deliver smarter, faster, and above all, more responsible innovation that benefits our clients, people, and shareholders," said Stephan Hug, Head of Group Functions Technology, UBS. "Our growing partnership with Domino Data Lab reinforces this commitment, establishing scalable AI and robust model governance as important pillars of our advanced digital strategy."
To stay at the forefront of growing AI adoption across the financial services industry, Domino's platform now serves as the foundation for broader AI development initiatives. By enabling flexible collaboration, full traceability, and enhanced governance, Domino equips UBS teams to build and deploy advanced models faster and with greater confidence.
"There is a tremendous opportunity for AI to help safeguard financial markets and improve customer experiences," said Nick Elprin, co-founder and CEO of Domino Data Lab. "We're proud to support UBS as they scale AI across their firm — with speed and safety simultaneously."
With AI adoption accelerating the pace of innovation across financial services, the expanded UBS-Domino collaboration is supporting UBS's leadership in this industry-wide shift. It showcases how global institutions can safely build mission-critical AI that meets the escalating demands of customer expectations in compliance with regulatory requirements, and accelerates innovation.
About Domino Data Lab
Domino Data Lab empowers the largest AI-driven enterprises to build and operate AI at scale. Domino's Enterprise AI Platform provides an integrated experience encompassing model development, MLOps, collaboration, and governance. With Domino, global enterprises can develop better medicines, grow more productive crops, develop more competitive products, and more. Founded in 2013, Domino is backed by Sequoia Capital, Coatue Management, NVIDIA, Snowflake, and other leading investors. Learn more at domino.ai.
About UBS
UBS is a leading and truly global wealth manager and the leading universal bank in
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SOURCE Domino Data Lab; UBS
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