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The Ernst and Young building in New York's Times Square seen in 2010
CloudErnst & Young to Spend Extra $1 Billion on Cloud, New TechnologyErnst & Young to Spend Extra $1 Billion on Cloud, New Technology
Financial-services firm Ernst & Young is spending an extra $1 billion on new technology, including AI and shifting platforms to the cloud•A significant portion of the new investment will be spent on shifting to the cloud•But EY will also be building new technology, while supporting areas including its tax and financial crime businesses, Bloomberg reported•EY is among a bevy of financial groups looking to reinvest in new technology
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