EY invests $1.4 billion in AI tech, launches new platform

Ernst & Young (EY), one of the Big Four global professional services providers, announced the development of a new artificial intelligence (AI)-powered platform for its clients.

In a post on Sept. 13, the London-based firm revealed it had invested $1.4 billion into AI technologies for its new EY.ai platform, which aims to help organizations adopt AI. The platform is based on EY’s own large language model (LLM), EY AI EYQ.

It said that a collaboration with Microsoft provided EY with early…