EY rolls out AI-powered platform after $1.4 billion tech investment


The EY company logo is seen at their headquarters in London, Britain, April 16 2023. REUTERS/Peter Nicholls/File photo

(Reuters) - Professional services firm EY said on Wednesday it has invested $1.4 billion in artificial intelligence and was rolling out a platform offering AI-powered versions of its consulting products to businesses, the latest company to bet big on the technology.

The move aligns the consulting firm with rivals like KPMG and Accenture, which are pouring billions into AI, hoping it will be their next big growth driver.

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