"While the timing appeared catastrophic-and many partners grumbled about how it was surely coming out of their compensation-the $450 million investment transformed into what leadership now describes as a strategic "accelerant" for the firm's most ambitious pivot ever: the AI revolution. Today, Lakehouse is one of the firm's major hubs for training a new generation of professionals to navigate a world where generative AI is no longer a peripheral tool but a core component of professional service."
"Fortune was invited to sit in on a three-day session with 600 winter interns, chosen from a pool of 9,000 applicants, representing 146 schools, as the waves of talent from New Jersey to Utah to Texas celebrated leaving school by essentially going back to class again. Lakehouse had bits of flair located throughout, such as the KPMG-branded "GEN AI Invaders" arcade game, but the large, modern building feels like a blend of a state-of-the-art hotel, a KPMG office building and a learning center."
KPMG opened Lakehouse in January 2020 as a sprawling, state-of-the-art learning and innovation center intended as the firm's cultural home. The $450 million investment shifted into a strategic accelerant for an organizational pivot to AI after the pandemic began. Lakehouse serves as a major hub for training professionals in generative AI, hosting immersive multi-day sessions such as a three-day program for 600 interns selected from 9,000 applicants. The facility combines hospitality and corporate amenities, including 800 single-occupancy rooms, multiple dining venues, common areas, and branded experiences like the KPMG-branded "GEN AI Invaders" arcade game. The center supports large-scale, hands-on learning and talent development.
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