AI is everywhere, and businesses don't know where to start. Here's what consultants are telling clients. [Business Insider]
Maplebear Inc. (CART)
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Source: Business Insider
Consultants told BI that questions also include how to make AI worth the investment. It's possible to pose almost any question to artificial intelligence. But when it comes to how to use the technology, many companies are directing their inquiries to consulting firms instead. Doling out advice on AI is making up a growing share of many firms' work . Some 900 of PwC's top 1,000 consulting clients are now working with the firm on incorporating AI into their businesses, a spokesperson told Business Insider. In 2023, McKinsey & Company brought in a record $16 billion in revenue, partly due to the generative AI boom. Almost 40% of the company's work now relates to AI. And much of that is now moving to GenAI, Ben Ellencweig, a senior partner who leads alliances, acquisitions, and partnerships globally for McKinsey's AI arm, QuantumBlack, told BI. Boston Consulting Group, for its part, now generates a fifth of its revenue from AI, and much of that work involves advising clients on
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News
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- Giant Eagle and Instacart announce customers will be able to use SNAP benefits on the app [CBS News]CBS News
CART
Earnings
- 5/8/24 - Beat
CART
Sec Filings
- 6/28/24 - Form 4
- 6/26/24 - Form 144
- 6/24/24 - Form 4
- CART's page on the SEC website