Consulting's race to become AI native
Consulting firms are racing to position themselves as 'AI-native' to win business, with KPMG US CEO Tim Walsh stating the firm is now a tech company delivering audit, tax, and advisory services, and A…
Consulting firms are racing to position themselves as 'AI-native' to win business, with KPMG US CEO Tim Walsh stating the firm is now a tech company delivering audit, tax, and advisory services, and A…
Jason Shen, a former Meta product leader who joined via the acquisition of Midgame in July 2020, resigned in June 2023, forfeiting 2,760 restricted stock units valued at about $1.68 million at the tim…
Goldman Sachs global co-head of investment banking Matthew McClure declared the IPO market 'open for business,' noting that AI-related companies have generated more than 50% of all IPO capital raised …
PwC's 2026 Global AI Jobs Barometer, analyzing over one billion job ads across 27 countries, finds that AI adoption is raising the skill bar for entry-level jobs. In the US, entry-level roles with hig…
Anthropic, the AI safety company behind the Claude model, is likely to select EY as its external financial auditor because Deloitte, PwC, and KPMG have commercial partnerships with Anthropic that crea…
PwC's 2026 Global AI Jobs Barometer finds entry-level jobs most exposed to AI are seven times more likely to require skills once reserved for senior roles, such as leadership, strategic thinking, and …
PwC US CEO Paul Griggs uses a custom AI assistant called 'PG's Whisperer' throughout the day, built with two unnamed models, to review documents, test ideas, and pressure-test strategy, saying it allo…
Physical AI, the integration of AI into autonomous systems that perceive and act in the physical world, is projected by PwC to grow from about $92 billion to surpass $489 billion by 2030, with use cas…
Absa, one of Africa's largest banks, reduced the time to deploy a new financial crime detection model from 120 days to 15 days, yet a PwC survey found that 56% of enterprise CEOs have seen no signific…
A new report from PwC estimates that AI could free up 3.5 billion hours of unpaid care work globally each year, potentially easing the disproportionate mental load borne by women. The analysis highlig…
PwC's U.S. CEO Paul Griggs said in a Business Insider interview that he supports his children's potential careers in accounting despite the firm's plans to hire fewer consultants and accountants, citi…
PwC, one of the Big Four consulting firms, published four AI-focused 'thought leadership' reports between 2024 and 2026 that were riddled with AI hallucinations, including fabricated citations and a n…
A PwC survey of more than 1,000 US financial services executives found that 86% believe AI training is more valuable than an MBA for many new hires, and 91% are increasing compensation for employees w…
PwC's US senior partner and CEO Paul Griggs said the firm hired fewer consultants and accountants this year than two years ago, a trend he expects to continue as it hires more data scientists, enginee…
A new breed of executive, the Forward Deployed Executive (FDX), is emerging to close the gap between AI adoption and actual business value, as evidenced by a case where a non-technical colleague's dev…
UK job postings requiring AI skills surged 60% to 179,954 in 2025, while overall postings fell 27% below baseline by March 2026, according to PwC's 2026 AI Jobs Barometer. The wage premium for AI-skil…
Marlabs transformed itself into an AI-first firm by integrating Microsoft Copilot across HR and engineering, cutting HR response times by over 60% and boosting developer speed by 20%, according to a M…
PwC's Middle East thought-leadership reports on AI and electric vehicles contained fake footnotes, misattributed claims, and made-up sources, with one footnote's web address carrying the tag "utm_sour…
GPTZero has found fabricated sources and false claims in four PwC Middle East reports, with one governance report scoring 84 percent AI-generated and promoting a PwC product using unverified customer …
PwC US CEO Paul Griggs says companies make two major mistakes with AI: treating it as a technology transformation rather than a large-scale business transformation, and believing AI alone can fix a br…