Ernst & Young (EY), a leading global professional services firm, has unveiled its EY.ai platform, powered by a $1.4 billion investment in AI technologies. This platform, based on EY's own large language model (LLM) called EY AI EYQ, aims to assist organizations in adopting artificial intelligence. EY's collaboration with Microsoft provided them with early access to Azure OpenAI capabilities, including ChatGPT-3 and ChatGPT-4.

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The investment will not only support the development of EY.ai but also integrate AI technology into existing EY services, such as EY Fabric, and acquire additional technology for cloud and automation. EY's global chairman and CEO, Carmine Di Sibio, emphasized the significance of AI adoption, emphasizing its potential for unlocking economic value responsibly.

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