KPMG invests $100 million in AI partnership with Google Cloud
KPMG partners with Google Cloud, pledging $100 million for AI initiatives over four years.
KPMG has committed $100 million over the next four years to enhance its enterprise AI services through collaboration with Google Cloud. The investment will focus on developing AI tools, training employees, and leveraging Google’s technology to scale AI solutions for clients.
Steve Chase, KPMG’s vice chair for AI and innovation, highlighted that enterprise demand for AI has surged, with many businesses planning substantial investments in the technology. KPMG’s partnership with Google aligns with a broader strategy to expand AI services across multiple cloud platforms, including a prior $2 billion collaboration with Microsoft.
Google Cloud‘s president of revenue, Matt Renner, noted the rapid growth in cloud services, emphasising the synergy between cloud providers and consulting firms as a key driver for future industry expansion.
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