Source: Bloomberg Tax
Big Four accounting firm PwC US will invest $1 billion over the next three years to expand how its tax accountants, auditors, and consultants use artificial intelligence to improve the work they do for clients, the firm announced Wednesday.
“It’s a huge priority for us both in the US and globally. It reflects where business is going and it reflects where we think the trends are going,” said Joe Atkinson, PwC’s chief products and technology officer.
The investment—which involves a partnership with Microsoft Corp—aims to cut down on busywork so employees can focus on tasks that needs expert eyes. The goal is to use technology to provide people the tools “that unlock their capabilities so we can either shorten their day, or we can improve the quality of their outcomes—or ideally both,” Atkinson said…
Read full article: https://news.bloombergtax.com/financial-accounting/pwc-us-partners-with-microsoft-in-1-billion-ai-investment
