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Published on
June 5, 2025
5 min read
KPMG Boosts AI Consulting with $100 million Google Cloud Partnership
KPMG is investing $100 million to strengthen its AI consulting services with support from Google Cloud, according to Business Insider. This major step aims to help businesses in sectors like healthcare, retail, and finance use artificial intelligence (AI) to address industry-specific challenges and improve operational efficiency. KPMG expects this move to bring in $1 billion in new revenue over the next few years by offering smarter, AI-powered solutions.
This is part of KPMG’s larger AI investment strategy, which includes developing tools that fit the specific needs of each industry.
Strengthening the Google Cloud Partnership
KPMG, one of the “Big Four” accounting firms, operates more than 90 offices and 36,000 employees in the U.S. It operates in more than 140 countries, offering audit, tax, and advisory services. As more companies seek help with using AI and cloud technology, KPMG is taking big steps to meet that demand.
“We’re expanding our partnership with Google Cloud to meet the rising demand,” said Steve Chase, Vice Chair of Artificial Intelligence and Digital Innovation at KPMG.
The firm has committed $100 million to grow this collaboration and build a Google Cloud Center of Excellence. This center brings together Google’s technology and KPMG’s industry experience to create advanced tools for clients.
KPMG is starting by focusing on industries that are already showing strong interest in AI: healthcare, financial services, and retail. Chase said the goal is to create custom AI solutions that match the needs of each client. This includes helping businesses speed up data analysis, improve customer service, and make faster decisions.
Turning AI into Real Business Tools
As part of its growing GenAI investment, KPMG is using Google Cloud’s Vertex AI and Gemini to create smart tools. One tool developed for a large retail company helps track store performance by combining data like sales numbers, inventory levels, and location details. What once took days of manual work is now done automatically and much faster.
“It’s able to actually do a detailed analysis in a fast way,” said Chase. “Now, the people involved are actually reviewing the results, instead of doing all the manual work of pulling the data together.”
In financial services, KPMG has built tools that help banks speed up loan applications and spot fraud more accurately. These used to be time-consuming tasks, but AI makes them quicker and more reliable.
In healthcare, the firm is using Google Cloud’s Healthcare API to create tools that support doctors. These tools help detect diseases earlier and provide better treatment options, improving overall patient care.
Although Google Cloud is a key partner, KPMG is also working with Microsoft and Amazon Web Services on other AI projects. However, the current focus is on using Google Cloud’s advanced capabilities for data analytics, cybersecurity, and smart automation.
In April 2025, KPMG and Google Cloud extended their efforts even further by creating new AI tools for the legal and banking sectors. KPMG also joined the Google Cloud Security Partner Program to help its clients stay protected against cyber threats.
Aiming for Big Growth with AI
Steve Chase said that this expanded collaboration could help KPMG generate $1 billion in extra revenue from its AI services. “We’ve been super pleased with how it’s going,” he said.
While specific steps to reach that target haven’t been shared, Chase explained that this is a multi-year plan. It includes attracting new clients and expanding the firm’s AI services for current ones.
Internally, KPMG is also upgrading how it uses AI. By adopting Vertex AI Search, the company is better able to organize and analyze its massive data sets, which helps teams serve clients more efficiently.
This entire strategy shows that KPMG doesn’t view AI as a passing trend; it’s a long-term part of how the company will grow and stay competitive. With this strong push in AI consulting, backed by Google Cloud, KPMG is setting itself up to deliver smarter, faster solutions for businesses across the globe.
