Tech Bytes: CIBC Executive Joins IBM Institute's Board

Robert Mark, executive vice president of corporate treasury and risk management at Canadian Imperial Bank of Commerce, has been named to the advisory board of International Business Machines Corp.'s Deep Computing Institute.

IBM is investing $29 million annually in the institute, which will develop applications in data mining, customer relationship management, and trading risk measurement. It brings together 120 researchers from eight laboratories in New York, Tokyo, Zurich, Beijing, and New Delhi, as well as San Jose, Calif., Austin, Tex., and Haifa, Israel.

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