Are You Ready to Unlock the Power of AI with McKinsey's QuantumBlack?

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Questions and Answers

What is QuantumBlack's specialty?

  • IT infrastructure management
  • Data science and advanced analytics (correct)
  • Social media marketing
  • Supply chain logistics

What is hyperinflation?

  • A term used to describe a stable economy
  • A term used to describe a rapid increase in the price of goods and services (correct)
  • A term used to describe a decrease in the price of goods and services
  • A term used to describe a steady increase in the price of goods and services

Which of the following countries has not experienced hyperinflation in its history?

  • China
  • Germany
  • Russia
  • Japan (correct)

How does hyperinflation differ from inflation?

<p>Hyperinflation is a rapid rise in prices compared to inflation (C)</p> Signup and view all the answers

Who are the leaders of QuantumBlack?

<p>Chiara Marcati, Vinay Chandran, and Mahir Nayfeh (B)</p> Signup and view all the answers

What is the minimum percentage increase in inflation per month that is typically associated with hyperinflation?

<p>50% (C)</p> Signup and view all the answers

What is the name of QuantumBlack's parent company?

<p>McKinsey &amp; Company (C)</p> Signup and view all the answers

In which countries has hyperinflation occurred in the past?

<p>Germany, Russia, and Hungary (C)</p> Signup and view all the answers

Which of the following best describes hyperinflation?

<p>A rapid, excessive, and out-of-control increase in prices in an economy (C)</p> Signup and view all the answers

What is the potential contribution of AI to GDP?

<p>9% (C)</p> Signup and view all the answers

How did QuantumBlack identify its top deal target for the acquisition of Iguazi?

<p>Applied the art of AI to shortlist 1,000 targets worldwide (C)</p> Signup and view all the answers

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Study Notes

  • McKinsey & Company has launched its QuantumBlack subsidiary in the Middle East.
  • QuantumBlack is a 1,200-strong team of practitioners specialized in data science, advanced analytics, artificial intelligence, and machine learning.
  • The subsidiary helps McKinsey clients with unlocking the power of artificial intelligence.
  • QuantumBlack is led by Chiara Marcati, Vinay Chandran, and Mahir Nayfeh.
  • QuantumBlack has closed its first deal since its formal May 2022 launch, with the acquisition of 70-strong Iguazi.
  • The deal was conducted by applying the art of AI to shortlist 1,000 targets worldwide and then identify its top deal target.
  • QuantumBlack operates as ‘QuantumBlack, AI by McKinsey’.
  • The subsidiary helps organizations innovate in today’s environment.
  • AI could contribute an additional 9% to GDP.
  • QuantumBlack is excited to launch in the region as AI is already playing a transformative role in every sector.

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