University of Kwazulu-Natal

Going All In On Ai Inside Ey S 1 4 Billion Investment In The Future

Bonisiwe Shabane
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going all in on ai inside ey s 1 4 billion investment in the future

How do the knowledge leaders learn about AI? UNLEASH sits down for an exclusive interview with Raj Sharma, EY Global Managing Partner of Growth and Innovation, to get the full story. One of the world's largest consultancies, EY, is going 'all in' on its AI strategy through a $1.4 billion investment. Upskilling has played a crucial role in preparing EY's 400,000-strong global workforce for the AI era. UNLEASH speaks exclusively to Raj Sharma, EY Global Managing Partner of Growth and Innovation, to get the inside story of the consultancy giant's AI strategy. Going ‘all in’ is often a calculated risk – even the surest of hands isn’t a guaranteed winner, but when it comes to AI and the future of work, organizations are becoming more confident...

Discover the insights you need to make better decisions today, to shape the future with confidence. Private Equity Pulse: key takeaways from Q3 2025 EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate. Climate change and sustainability services Discover how EY insights and services are helping to reframe the future of your industry.

Personal interpretation and synthesis of EY's AI initiatives... EY has been consistently dominating headlines and industry conversations with its bold and unwavering focus on artificial intelligence (AI). Driven by sheer curiosity to understand the depth of their initiatives, I embarked on a journey to piece together the unfolding EY AI story, drawing from recent articles and insightful LinkedIn posts from EY's... What follows is my personal interpretation and synthesis of their efforts, a narrative constructed from publicly available information. It's important to note that these are my own observations and points, and may not encompass the entirety of EY's official perspective. Furthermore, this is a dynamic and rapidly evolving space, and this compilation may not be entirely comprehensive.

However, if you, the reader, uncover additional pieces of this fascinating puzzle, I implore you to share them. Together, we can illuminate EY's ambitious AI journey and make it known to the world! EY embarked on its AI journey with a clear and ambitious vision: to not just adopt AI, but to fundamentally transform how businesses operate. Their ambition centered around three core pillars: building confidence in AI through robust frameworks and governance, creating exponential value by optimizing performance and experiences, and augmenting people potential through seamless human-AI collaboration. This vision laid the groundwork for a comprehensive AI strategy. As part of the push, the company built a large language model currently used by 4,200 employees in a pilot program.

The largest global professional services firms are going all in on AI with hefty investments and ambitious plans to bolster their own capabilities and, in turn, support their clients. PwC created a conversational generative AI tool built with OpenAI’s tech and fine-tuned it with relevant data last month. KPMG laid out plans in July to focus on AI and cloud with a $2 billion investment through an expanded partnership with Microsoft. Boston Consulting Group announced Thursday it partnered with Anthropic to allow customers direct access to the AI company’s Claude 2 model. The consulting firm expects integrating the generative AI assistant into client engagements will improve productivity and innovation. Internal team members are expected to use the tool to optimize workflows, analyze data faster and improve insights.

McKinsey also rolled out its proprietary generative AI platform to 7,000 employees in August. In a significant leap for artificial intelligence, Ernst & Young (EY) announces the launch of EY.ai, a groundbreaking platform designed to bolster organizations’ confidence in AI adoption. This platform, backed by a staggering US$1.4b investment, converges human insight with state-of-the-art AI, aiming to support clients as they embark on transformative business ventures. Carmine Di Sibio, EY Global Chairman and CEO, accentuates the urgency and relevance of AI in today’s business landscape: “AI’s moment is now. Every business is considering how it will be integrated into operations and its impact on the future.”

He elaborates on the holistic approach EY embodies, highlighting that”unlocking new economic value responsibly” is paramount in harnessing AI’s transformative power. In its ongoing commitment to fostering AI expertise, EY has initiated a learning program to elevate its team’s AI proficiencies. This move follows a successful pilot involving 4,200 EY technology-focused team members and will introduce the expansive language model, EY.ai EYQ. It also seeks to expand on the already established AI and analytics curriculum from 2018 and the EY Tech MBA launched in 2020. Generative AI for business makes firms rethink how to integrate it into their existing systems, tasks, and operations. However, adopting AI goes beyond the technology challenges.

So, backed by a huge $1.4 billion investment, Ernst & Young (EY) has announced the launch of EY.ai, a groundbreaking AI platform. According to the IBM Global AI Adoption Index: Click here to download the full IBM report. Let’s see how EY pushes artificial intelligence forward, focusing on innovation and responsible adoption. EY.ai is a unifying platform that helps clients to confidently and responsibly embrace AI. This tool can lead to amazing transformations within their organizations, helping businesses succeed in the AI-driven future.

It harmoniously combines the intelligence of humans and the potential of AI.

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