McKinsey & Company | Global news | AI & Gen AI

An overview of McKinsey & Company global news:

United Kingdom

AI energy demand could hinder net zero progress and outstrip supply According to a new study from McKinsey & Company, the fervour for digital and AI capabilities is creating greater energy needs – even as the world struggles to meet its pre-GenAI net zero targets.
18 November 2024
United Arab Emirates

Emirates NBD partners with McKinsey to drive AI and advanced analytics A few years ago, Dubai’s government-owned bank Emirates NBD entered into a partnership with strategy consulting firm McKinsey & Company with the aim of turning the bank into a leader in artificial in
18 November 2024
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
Europe

Generative AI can add up to $4.4 trillion in productivity annually The generative artificial intelligence (AI) industry has the potential to add between $2.6 trillion to $4.
09 October 2023
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
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
Europe

Around half of McKinsey's employees use ChatGPT At McKinsey & Company, one of the world's largest management consulting firms, about half of its 30,000 employees now use ChatGPT or similar tools in their work.
14 June 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
Europe

Welcome the robots: bridging the European artificial intelligence gap Digital transformation is well underway in international businesses and economies. The problem? Europe is lagging behind the industries of its global competitors.
18 February 2019
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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