McKinsey & Co. consultants are now leveraging the firm’s AI platform to draft proposals and create PowerPoint presentations more efficiently. The generative artificial intelligence technology has advanced to the point where it can handle some tasks traditionally done by consultants. This move allows McKinsey to streamline processes and potentially increase productivity.
AI spending Stalls as Anthropic Prepares for IPO
AI spending growth has stalled, raising concerns as Anthropic approaches its IPO, despite increased usage driven by price competition.