“PwC Tops OpenAI’s Enterprise Clients Amid GenAI Surge”

“PwC Tops OpenAI’s Enterprise Clients Amid GenAI Surge”, In a groundbreaking development, PwC
has announced its forthcoming status as the primary customer and inaugural reseller of OpenAI’s enterprise product. This strategic partnership reflects a burgeoning trend among businesses keen on harnessing the potential of generative artificial intelligence. With this deal, PwC aims to leverage
OpenAI’s advanced technology to enhance its services and empower clients across various sectors. The move underscores the accelerating adoption and commercialization of AI solutions in today’s competitive landscape.

PwC will roll out ChatGPT Enterprise, a version of the Microsoft-backed AI startup’s chatbot aimed at large companies. The firm will provide ChatGPT Enterprise to its 75,000 U.S. employees and 26,000
UK employees, according to the Wall Street Journal which first reported the agreement.

“We are actively engaged in genAI with over 95 per cent of UK and US consulting client accounts
, alongside discussing the use and implications of AI with many of our audit clients,” PwC said.

However, it did not disclose the financial terms of the deal or details on its plans to resell the AI product.PricewaterhouseCoopers (PwC) has disclosed its ongoing development of custom
Generative Pre-trained Transformers (GPTs) tailored to assist its employees in various tasks. These
tasks include but are not limited to reviewing tax returns, as well as generating dashboards and reports.

This initiative reflects PwC’s commitment to harnessing AI technology to optimize internal
processes, improve efficiency, and deliver high-quality services to its clients.

The OpenAI agreement builds upon PwC’s previously announced plans to invest $1 billion in generative AI technology, the company said.

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