{"id":37821,"date":"2023-04-27T08:30:28","date_gmt":"2023-04-27T12:30:28","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=37821"},"modified":"2023-05-01T10:08:18","modified_gmt":"2023-05-01T14:08:18","slug":"pwc-u-s-to-invest-1-billion-in-ai-projects-over-next-three-years","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/pwc-u-s-to-invest-1-billion-in-ai-projects-over-next-three-years\/","title":{"rendered":"PwC U.S. to invest $1 Billion in AI projects over next three years"},"content":{"rendered":"<p data-ar-index=\"1\">PwC U.S. has announced plans to invest $1 billion in artificial intelligence (AI) initiatives over the next three years, which will help both clients and internal operations. This investment will also include training for PwC&#8217;s 65,000 workers.<\/p>\n<p data-ar-index=\"2\">PwC will engage with Microsoft and use the Azure OpenAI platform to develop products and solutions as part of its strategy. This collaboration will allow PwC to train models within a secure environment, addressing client concerns about the security of secret information while employing generative AI technologies. ChatGPT\/GPT-4, an improved and more powerful version of OpenAI&#8217;s text generation engine, has been added to the Azure OpenAI set of services.<\/p>\n<p data-ar-index=\"3\">The investment by PwC is likely to result in a number of embedded AI advances as well as more visible applications akin as ChatGPT\/GPT-4. The company is also working on developing AI tools with more data and decision transparency to guarantee that technology &#8220;properly considers human factors,&#8221; which is critical for garnering confidence in AI.<\/p>\n<p data-ar-index=\"4\">The sources for this piece include an article in <a href=\"https:\/\/www.axios.com\/2023\/04\/26\/ai-pwc-microsoft-chatgpt\" target=\"_blank\" rel=\"noopener\">Axios<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PwC U.S. has announced plans to invest $1 billion in artificial intelligence (AI) initiatives over the next three years, which will help both clients and internal operations. This investment will also include training for PwC&#8217;s 65,000 workers. PwC will engage with Microsoft and use the Azure OpenAI platform to develop products and solutions as part [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34],"tags":[275],"class_list":["post-37821","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence","tag-top-story"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/37821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=37821"}],"version-history":[{"count":2,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/37821\/revisions"}],"predecessor-version":[{"id":37823,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/37821\/revisions\/37823"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=37821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=37821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=37821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}