PwC is significantly stepping up its efforts in the field of artificial intelligence (AI).
Over the next three years, PwC Switzerland will invest CHF 50 million in its own AI solutions, in staff training and in its AI Centre of Excellence. This investment continues PwC’s long-standing commitment to AI and strengthens the firm’s ability to develop new solutions that are tailored to clients’ needs and technologically advanced.
PwC USA invests a total of USD 1 billion
The efforts are complemented by PwC USA’s decision to invest a total of USD 1 billion in AI. Moreover, the PwC network has been committed to AI for years: according to IDC and Forrester, PwC is the world’s leading provider of AI services, as evidenced by outstanding, innovative projects with its clients and within its own organisation.
“Our investment includes the development and application of AI-based solutions within PwC. We also place great emphasis on ensuring that our people receive comprehensive upskilling in the application of AI. At the same time, we are establishing our AI Centre of Excellence, which will bring together our leading experts from different areas to develop new solutions and advise our clients on the application of AI. Through this expansion, we are creating an additional competitive advantage for our clients and support them in finding a responsible approach to AI,”
says Andreas Staubli, CEO PwC Switzerland.
Most recently, PwC launched its generative AI conversation assistant – ChatPwC – for all its business units. With private domain access to Microsoft Azure OpenAI, ChatPwC is a secure conversation assistant tailored specifically to PwC’s needs. In addition, PwC Switzerland has developed the Intelligent Search Assistant. This solution is designed to provide answers for internal business services.
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