EY launches Artificial Intelligence platform

Oct 11 | 2023

The global EY organisation has recently announced the launch of EY.ai, a unifying platform that brings together human capabilities and artificial intelligence (AI) to help clients transform their businesses through confident and responsible adoption of AI.

The company has said that EY.ai leverages leading-edge EY technology platforms and AI capabilities, with deep experience in strategy, transactions, transformation, risk, assurance and tax, all augmented by a robust AI ecosystem.

EY has invested US$1.4b in the EY.ai platform. This has supported the embedding of AI into proprietary EY technologies, such as EY Fabric, used by 60,000 EY clients and more than 1.5 million unique client users, as well as helping secure a series of EY technology acquisitions with supporting cloud and automation technologies.

Carmine Di Sibio, EY Global Chairman and CEO, said: “AI’s moment is now. Every business is considering how it will be integrated into operations and its impact on the future. However, the adoption of AI is more than a technology challenge. That's why EY teams help clients identify how to capture the transformative power of AI from every seat at the boardroom table and across the enterprise. It’s about unlocking new economic value responsibly to realise the vast potential of this technological evolution.”

Following an initial pilot with 4,200 EY technology-focussed team members, the global organisation will be releasing a secure, large language model called EY.ai EYQ. In addition, EY will roll out bespoke AI learning and development for EY people.