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PwC Announces Major Investment in Generative AI (GenAI)

Date: May 3o, 2024

Source: www.pwc.com

PwC is making a big push into artificial intelligence (AI) by becoming the first reseller for OpenAI’s ChatGPT Enterprise product.

This collaboration will allow them to offer powerful AI tools to their clients in the US and UK.

Key takeaways:

  • PwC sees AI as a game-changer and is investing heavily in the technology.
  • They will use ChatGPT Enterprise to improve their own operations and develop new solutions for clients.
  • This includes tasks like tax return review, proposal generation, and report creation.
  • PwC believes AI can boost productivity, consistency, and efficiency across various industries.

The article highlights several benefits of this partnership:

  • Access to cutting-edge AI tools: PwC gains the latest version of ChatGPT with enterprise-grade security and privacy features.
  • Enhanced client services: PwC can integrate AI into their existing audit, tax, and consulting services.
  • Internal transformation: PwC is using AI to streamline its own processes and improve efficiency.

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