6p/ McKinsey & Company, a global consulting firm, has acquired Israeli AI platform Iguazio for $50 million. The acquisition is part of McKinsey’s ongoing efforts to strengthen its capabilities in advanced analytics and artificial intelligence (AI). Iguazio, which was founded in 2014, provides an AI platform that enables companies to develop and run machine learning (ML) and deep learning (DL) applications. With Iguazio’s platform, companies can quickly and easily deploy and manage AI workloads across a variety of environments, including cloud, on-premise, and edge computing. As part of the acquisition, McKinsey will integrate Iguazio’s technology into its existing analytics and AI capabilities. This will enable McKinsey to offer its clients a complete portfolio of AI solutions, including ML and DL, data engineering, data management, and advanced analytics. McKinsey’s acquisition of Iguazio is part of a larger trend of large companies investing in AI and analytics. In recent years, companies such as Google, IBM, Microsoft, and Amazon have all made significant investments in AI and analytics. McKinsey’s acquisition of Iguazio is an important step forward in the development of AI-based solutions. With Iguazio’s platform, McKinsey can now offer its clients an AI-based solution that is tailored to their specific needs. This will enable McKinsey to provide its clients with a comprehensive suite of AI-based solutions that can help them gain a competitive edge in their respective industries.