EY, a prominent accounting and consulting firm, is enhancing its partnership with NVIDIA to launch the EY.ai Agentic Platform. This innovative platform will utilize NVIDIA’s advanced AI technology to facilitate real-time responses to events, adapt to changing regulations, and improve financial decision-making. The platform will integrate AI reasoning models with human knowledge, aiming to boost productivity through AI agents. Initially, 150 agents will support 80,000 EY professionals in managing over three million tax compliance tasks annually. This rollout will also extend AI solutions across various sectors, like life sciences and finance, providing valuable insights and risk management capabilities for businesses navigating the AI landscape effectively.
Accounting and consulting giant EY has recently announced an exciting expansion of its collaboration with NVIDIA to create the EY.ai Agentic Platform, a groundbreaking tool powered by NVIDIA’s advanced AI technology. This initiative not only enhances efficiency in the financial sector but also aims to significantly improve decision-making processes for businesses dealing with ever-changing regulations.
The EY.ai Agentic Platform will serve as a hybrid model that merges NVIDIA’s cutting-edge AI reasoning capabilities with the expertise of EY professionals. This combination is designed to boost productivity by harnessing AI agents that can perform various tasks autonomously.
Key Features of the EY.ai Agentic Platform:
- Agentic Framework and Model Catalog: Incorporates valuable AI tools and models tailored for various sectors.
- Deployment Flexibility: Enables seamless integration of AI solutions across different business operations.
- Support for Tax Professionals: The platform is set to deploy 150 AI agents to assist 80,000 EY staff with over three million tax compliance tasks annually.
This innovative platform will initially focus on tax compliance, helping professionals with data collection and document analysis, making processes faster and more accurate. Furthermore, plans are in place to expand the platform’s capabilities into sectors such as life sciences, manufacturing, and financial services.
According to EY’s global managing partner for Growth and Innovation, Raj Sharma, the integration of Agentic AI is reshaping how businesses operate. With actionable insights generated by AI technology, companies can adapt to challenges and seize opportunities effectively.
This announcement follows EY’s February 2025 collaboration with Zscaler to enhance cloud-delivered services, demonstrating the firm’s commitment to leveraging technology for better business outcomes.
Overall, the EY.ai Agentic Platform exemplifies the future of finance and risk management, helping businesses navigate the complexities of today’s Market through smart automation and AI.
Tags: EY, NVIDIA, AI technology, financial services, tax compliance, business innovation, AI agents, EY.ai Agentic Platform.
What is the partnership between EY and NVIDIA about?
EY and NVIDIA are working together to use artificial intelligence, or AI, to create smart agents. These agents can help businesses run better by providing insights and automating tasks.
How will this partnership benefit businesses?
By combining EY’s business knowledge with NVIDIA’s AI technology, companies can improve their efficiency. The AI agents can analyze data quickly and help make better decisions.
What types of AI agents will be developed?
The AI agents being developed can handle various tasks, such as customer service, data analysis, and even financial support. This means businesses can save time and focus on more important work.
When can we expect to see these AI agents in action?
The companies aim to roll out these AI solutions in the near future. Exact dates may vary, but they are excited to bring these innovations to businesses soon.
How can businesses learn more about the AI solutions offered by EY and NVIDIA?
Businesses can visit the EY or NVIDIA websites for updates and information. They can also reach out directly to see how these AI agents can fit into their operations.