Carmine Di Sibio, CEO of EY
Carmine Di Sibio, the CEO of EY, wrote that his company's AI investments will help unlock "new economic value."
  • Ernst & Young has invested $1.4 billion in artificial intelligence.
  • The consulting giant announced a new AI platform and its own large language model. 
  • The company now plans on teaching its 400,000 employees how to use AI in the workplace.

Ernst & Young is betting big on AI.

On Wednesday, the consulting and strategy giant announced it had completed a $1.4 billion investment into AI and that, over the last 18 months, it had developed a series of in-house artificial intelligence tools.