McKinsey & Company | Global news | Artificial Intelligence

An overview of McKinsey & Company global news:

United Kingdom

Customer services leaders concerned by scaling difficulties for GenAI pilots Customer care leaders believe that Generative AI will soon be a defining feature of their sector, with four-in-five predicting their investments in the technology will increase.
17 September 2024
Australia

McKinsey examines impact of generative AI on Australian workforce The introduction and rapid adoption of generative AI has seen consultancy McKinsey & Company revise its previous figures on the potential impacts of automation on the Australian workforce by 2030.
12 March 2024
Middle East

Emirates NBD looks to leverage the power of generative AI Emirates NBD, a leading bank in the MENA region, has announced a roadmap to adopt generative artificial intelligence (AI) tools.
04 September 2023
United Kingdom

Generative AI could boost productivity by $4.4 trillion annually While the tangible results of AI are hard to come by at present, the hype surrounding the technology is going from strength to strength.
30 August 2023
Middle East

McKinsey & Company launches internal generative AI tool Lilli Lilli, a new generative AI tool developed in-house by global consulting firm McKinsey & Company, is set to become available this fall.
29 August 2023
Australia

McKinsey unleashes internal generative AI tool for employees Following the likes of a number of its contemporaries, global management consulting powerhouse McKinsey & Company has now unleashed its own, internally designed generative AI assistant: Lilli.
23 August 2023
Middle East

Further adoption of AI can add $150 billion to GCC economies More use of AI in business functions could unlock untapped value of at least $150 billion to the Gulf Cooperation Council (GCC) economies.
23 August 2023
India

Reserve Bank of India selects McKinsey and Accenture for AI project The Reserve Bank of India has following a competitive bidding process selected McKinsey & Company and Accenture as its partner for an artificial intelligence project.
12 August 2023
Canada

McKinsey partners with generative AI firm Cohere McKinsey & Company has entered a strategic collaboration with Cohere, a Toronto-based developer of enterprise artificial intelligence platforms and large language models (LLMs).
02 August 2023
India

Generative AI to transform India's economy, says McKinsey The recent surge in generative AI technologies is set to affect India's economic landscape, with significant implications for various sectors.
01 August 2023
Middle East

McKinsey launches AI subsidiary QuantumBlack in Middle East McKinsey & Company has launched its QuantumBlack subsidiary in the Middle East, opening for business from the firm’s offices in Egypt, Saudi Arabia and the United Arab Emirates.
07 February 2023
United Kingdom

QuantumBlack: McKinsey’s 1,000-strong AI consulting division Global strategy and management consulting firm McKinsey & Company has unified the artificial intelligence teams from its 100+ offices worldwide under the one banner – QuantumBlack.
02 May 2022
Australia

Emirates Team NZ taps McKinsey for America's Cup edge In a sport where the smallest of design features could prove the deciding factor, Emirates Team New Zealand turned to McKinsey to gain a competitive edge in its bid to retain the America’s Cup.
08 March 2021
Canada

McKinsey & Company invests in Montreal’s Element AI Element AI, a Montreal-based global developer of artificial intelligence software, raised $200 million in a Series B Round of financing.
18 September 2019
United States

Automation holds opportunities and risks for women workers Automation and technological advances could unlock unprecedented opportunities for women, according to a recent McKinsey & Company study.
08 July 2019
Canada

McKinsey's QuantumBlack launches office in Montreal London-based QuantumBlack, a leading advanced analytics firm acquired by McKinsey & Company in 2015, will be launching its first Canadian office – in the AI and deep learning hub of Montreal, QC.
10 December 2018
United Kingdom

AI could yield major boost to early adopters over competitors As many as 70% of companies will adopt at least one form of AI by 2030, according to a new study. The research also found that Artificial Intelligence could contribute up to 1.
13 September 2018
Latin America

McKinsey & Company on mega-Digital Days tour of Latin America The world’s most prestigious consulting firm McKinsey & Company has been expanding its presence in Latin America with a focus on digital.
31 August 2018

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