The global EY organization has officially announced the launch of EY.ai, a comprehensive platform designed to facilitate the confident and responsible integration of artificial intelligence (AI) into businesses. This initiative is the result of an 18-month development process and a significant investment of US$1.4 billion.
Key Highlights
EY.ai’s Objective: The platform aims to merge human expertise with AI, leveraging EY’s vast business experience. It is designed to assist organizations in harnessing the transformative power of AI across various sectors, including strategy, transactions, transformation, risk, assurance, and tax.
Investment Details: EY’s US$1.4 billion investment has been instrumental in embedding AI into proprietary EY technologies, notably EY Fabric, which is currently utilized by 60,000 EY clients and over 1.5 million unique users. This investment also facilitated a series of EY technology acquisitions, bolstered…