Ankura and OpenAI launch virtual general intelligence system
Expert services and advisory firm Ankura has partnered with OpenAI to a new virtual artificial general intelligence system. Ankura AGI will enhance Ankura’s service offerings, for use by its employees and clients.
Ankura Consulting is a business advisory firm, whose 2,000 staff provide management consulting and expert services to businesses. Backed by private equity group Madison Dearborn Partners, Ankura has been looking to expand on both sides of the Atlantic in recent years. In 2022 this saw the firm purchase machine learning and data specialist Noragh Analytics, bolstering its data and technology offerings, and allowing its experts to bring artificial intelligence solutions to new corporate markets.
As Ankura continues to build its offering within the AI sector, it has announced a new collaboration with OpenAI. The partnership with the firm behind ChatGPT will allow Ankura to both service its own clients more efficiently, and offer other businesses a method of boosting their own service delivery.
Named Ankura AGI, a release from the firm, the tool will “enhance Ankura’s capabilities as it continues to drive results for clients”. Ankura added that the “custom AI technology” it leverages is a result of “a merging of technologies and a shared vision for the future of responsible AI, with a focus on maximising societal benefits and adhering to high ethical standards.”
"The creation of Ankura AGI would not have been possible without the unique strengths and complementary technical abilities of both OpenAI and Ankura," explained Kevin Lavin, CEO of Ankura. "This venture exemplifies how collaborative innovation can lead to extraordinary advancements. OpenAI's expertise in generative models provided the essential building blocks, while Ankura's approach to AGI guided the development of a system that redefines what AI can achieve for our clients and business.”
OpenAI is a US artificial intelligence research laboratory, which has leveraged systems running on the world’s fifth most powerful supercomputer, to conduct research in the pursuit of developing user-friendly AI tools. It has recently also collaborated with PwC and Bain & Company to produce tools helping their consulting function.
