PwC

PwC projects $31.6 trillion in AI infrastructure spending through 2050

Global investment in AI infrastructure will reach $31.6 trillion through 2050, according to a sweeping forecast released Wednesday by PwC, a figure roughly equivalent to the current size of the U.S. economy. The projection, drawn from PwC's Global Data Centre…

PwC reports found riddled with AI hallucinations

PwC Middle East published four "thought leadership" reports riddled with AI-generated hallucinations, fabricated claims, and fake citations, according to an investigation by AI detection firm GPTZero published on Tuesday. The findings make PwC the last of the Big Four consulting…

Global M&A on track for $4 trillion in 2026, PwC says

Global mergers and acquisitions activity is on pace to reach $4 trillion in 2026, marking the strongest year since the pandemic-era boom of 2021, according to PwC's mid-year outlook released on Tuesday. The surge is being driven almost entirely by…