PYMNTS.com November 20, 2024

KPMG will spend $100 million over the next four years on its enterprise AI services.

It’s part of an artificial intelligence (AI) partnership between the professional services giant and Google Cloud, Steve Chase, vice chair of AI and innovation for KPMG, said in an interview with Reuters posted Wednesday (Nov. 20).

While part of the $100 million will cover payments to Google, most will be spent on in-house projects that use Google’s tech, Chase said, such as developing AI agents and training KPMG staff to become proficient in the technology.

The Reuters report notes that while Wall Street is waiting on the tech sector to show it can offer a return on the billions it has invested in AI, professional...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: AI (Artificial Intelligence), Cloud, Investments, Partnerships, Technology, Trends
DeepSeek Could Spur Enterprise AI Adoption, Experts Say
How AI Exclusion Impacts Humankind
Global AI Medical Imaging Market to Reach $4.5B by 2029
Podcast: Paige Nong Tracks the Use Of AI & Predictive Models In US Hospitals
Preventive Healthcare Poised for $773 Billion Expansion by 2034

Share This Article