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With eye on transformation, industry bets on 10-30% higher AI budget

Industry experts pointed out that there is a rising demand for professionals skilled in data science, machine learning, and AI systems development

Deloitte India AI investment, Big Four AI strategy, GenAI business transformation, AI-driven ecosystem, Deloitte AI expansion, AI reskilling initiatives, corporate AI adoption, AI investments in India, professional services AI, GenAI survey insights,
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Tech investors deployed approximately $730 mn in AI between 2022 and 2023 | Illustration: Binay Sinha

Ruchika ChitravanshiGulveen AulakhIshita Ayan DuttShivani Shinde New Delhi | Kolkata | Mumbai

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In one of its most significant year-on-year expansions, Deloitte India, is increasing its artificial intelligence (AI) investments by nearly 30 per cent in FY26, according to a top executive at the multinational which is counted among the Big Four professional services firms. Others in the Big Four Club—KPMG, EY and PwC-- too are aggressively ramping up their core GenAI platforms and putting dedicated teams in place for AI needs. For their clients and also for themselves as AI comes with the promise to transform businesses.
 
In fact, about 70 per cent of companies taking part in Deloitte’s State of AI