PwC to train & deploy foundation models for tax, legal & HR

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PwC to train foundation models for tax, legal & HR services
Together, PwC, OpenAI, and Harvey will aim to create highly sophisticated foundation models to help accelerate complex tasks and provide richer, more personalised insights for tax, legal, and HR professionals.

The PwC Global Tax and Legal Services announces a strategic alliance with OpenAI and Harvey to train and deploy foundation models for tax, legal, and human resources (“HR”) services.

This strategic alliance will leverage OpenAI’s cutting-edge foundation models, Harvey’s expertise in developing domain-specific models, and PwC’s AI capabilities, value-based approach, and deep sector expertise.

Together, PwC, OpenAI, and Harvey will aim to create highly sophisticated foundation models to help accelerate complex tasks and provide richer, more personalised insights for tax, legal, and HR professionals.

The partnership is set to kick off immediately, with specific tax, legal, and HR/Workforce AI models expected to be rolled out in the coming months. The announcement follows the global roll-out of Harvey, to PwC’s tax, legal, and people business, announced in March 2023.

Bob Moritz, Global Chair, PwC said, “PwC is committed to helping clients build trust and deliver sustained outcomes through the powerful pairing of innovative technology and human insights. It’s what our clients expect from us and what sets us apart.”

“Our relationship with OpenAI and Harvey – as well as our other strategic relationships and capabilities – will enable us to develop and implement sophisticated AI solutions for critical business areas. This way we can provide greater value and even deeper insights for our clients, helping them navigate a rapidly evolving business landscape,” Bob Moritz added.

“We’re eager to build with PwC and Harvey, and to help develop advanced AI tools for tax, legal and HR professionals”, Brad Lightcap, Chief Operating Officer, OpenAI

“Generative AI will be the biggest game-changer for advisory services for a generation. Our partnership with OpenAI and Harvey strongly positions us to capitalise on the opportunity to provide the most advanced solutions and lead in the tax, legal and HR space”, Bivek Sharma, Global Head of AI for Tax, Legal and People, PwC United Kingdom

“Our partnership with PwC and OpenAI represents a significant opportunity to bring the power of AI to the tax, legal and HR industry. We’re looking forward to working together to create innovative solutions that will benefit PwC and its clients”, Winston Weinberg, Co-Founder and President, Harvey

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