PwC Will Invest $418 million in AI Next Five Years in China

One of the global Big Four audit firms PricewaterhouseCoopers said it will invest 3 billion yuan ($418 million) in artificial intelligence over the next five years in mainland China and Hong Kong, according to the firm’s statement Wednesday.

• It will help clients develop Responsible AI frameworks for business, and make AI-driven solutions
• PwC will also use AI to transform and enhance internal operations
• Only 49% of mainland China CEOs said they were investing to upskill and automate processes and systems, which compares with more than 70% for CEOs globally: PwC survey

To contact the reporter on this story: ...