McKinsey
McKinsey executive Matthew Fitzpatrick is leaving the firm to become CEO of Invisible Technologies.Fitzpatrick led QuantumBlack Labs, developing AI software and tools for companies.Invisible Technologies, a company focused on AI training, is valued at $500M, the company said.One of McKinsey & Company’s top executives is leaving the firm for Silicon…
By Nate Raymond (NS:) and Mike Spector BOSTON (Reuters) – McKinsey & Co has agreed to pay $650 million to resolve charges over advice it provided Purdue Pharma on how to “turbocharge” sales of its addictive painkiller OxyContin, the U.S. Department of Justice said on Friday. The consulting firm entered…
McKinsey helps banks and financial institutions with their generative AI efforts.It outlined the dos and don’ts of seeing a return on AI investments in a report.Business Insider spoke with McKinsey’s Larry Lerner about what will separate winners and losers.The bill is coming due for Wall Street banks’ AI investments.It’s been…
A group of U.S. lawmakers have asked the Department of Justice and the Department of Defense (DoD) to investigate McKinsey’s failure to disclose its work with China’s government, saying that the consulting giant might face conflicts of interest that require reviewing. In letters dated Oct 17 but which were made…
New York’s much-discussed new trash cans were recommended to the city as part of a $4 million project involving consulting giant McKinsey Video of the launch, which saw Adams wheeling a bin onto the street while Jay-Z and Alicia Keys’ “Empire State of Mind” played, quickly went viral, drawing memes…
