KPMG LLP is consolidating its AI, innovation and ecosystem functions into a new Client Technology & Innovation (CT&I) group effective Sept. 22, giving the unit a direct reporting line to CEO Tim Walsh. Todd Lohr, a 15-year KPMG veteran and former head of the firm’s U.S. Technology Consulting practice, will lead CT&I as vice chair. He previously managed technology alliances generating more than $2 billion in partner revenue. The restructuring is intended to help KPMG build AI-native businesses at startup speed, combining products and platforms, commercial innovation, firmwide AI and data strategy, ecosystem partnerships and an internal venture studio. CT&I will include relationships with Anthropic, Google Cloud, Microsoft, OpenAI and Databricks. Its edge companies could eventually return to KPMG, attract outside capital or operate as joint ventures with technology partners. The move follows KPMG’s appointment of a dedicated AI and Digital Innovation vice chair in 2023 and comes as professional-services firms face scrutiny over AI-generated errors. KPMG’s UK operations recently cut roles in data, technology, AI and cybersecurity within its advisory division, while Deloitte, PwC and EY have announced multibillion-dollar AI investment plans. KPMG’s approach is structurally distinct because it centralizes AI responsibilities under one leader rather than distributing them across existing audit, tax and advisory practices.