EY Bets $1 Billion AI Agents to Outsell Bored Accountants
EY, the Big Four brain trust that isnāt PwC or KPMG, dropped their 2025 financials on a Thursday because why not. Revenue ticked up a polite 4% to $53.2 billion ā modest unless youāre comparing it to their pandemic-era 14.2% turbo charge. Meanwhile, AI consulting boomed 30%, fueled by 'enterprise-wide transformations' and ethically okay AI governance frameworks, because even robot overlords need nasty little rules. EY pumped over $1 billion annually into AI, amassing 1,000 AI agents plus 100 AI appsāwhich presumably donāt demand office coffee. CEO Janet Truncaleās 'All In' initiative started July 2024 and bravely huddles consulting, strategy, and deal advisory 16,000 employees into EY-Parthenon. That division shrank 0.4% thanks to global deal slumps, proving you canāt AI your way out of everything. Consulting grew 5.2%, tax 5.5%, and assurance mopped up $17.8 billion because dull begets dollars. Deloitteās dancing revenue also lurched a hopeful 5%. So EY plays a cautious game of corporate Jenga while claiming we live in the 'new normal' of uncertainty. Spoiler: weāre all terrible drivers of our own lives, or at least our quarterly growth charts.
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EY spent over $1 billion buying 1,000 AI agents and 100 apps to fix consultingābecause apparently firing humans isn't edgy enough. Consulting's up 5%, deals are down 0.4%, and tax revenues rise like robot overlords writing your 1040. Welcome to AI-powered āresponsibleā mayhem.
When your $1 billion AI army grows consulting by 30% but canāt save your strategy division from a 0.4% shrinkage, youāre basically using robot assistants to patch human messes. Spoiler: AI still canāt navigate slow dealmaking or reality.
EYās got 1,000 AI agents doing the heavy lifting so accountants can look busy and executives can say 'enterprise-wide transformations' while sneaking out by 5 PM. Meanwhile, the consulting growth is alive, the deals are not, and tax is quietly winning the money race.
Source: Businessinsider | Published: 10/16/2025 | Author: Polly Thompson
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