KPMG pressed its auditor to pass on AI cost savings
The Big Four firm told its auditor, Grant Thornton UK, it should pass on cost savings from the rollout of AI and threatened to find a new...
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Erebor becomes first bank ok’d under new administration
Erebor, which is named for the dragon-guarded mountain of treasure in “The Hobbit,” is launching with $635m in capital, and has lined up...
Big tech to spend $650b this year as AI race intensifies
The spending planned by Alphabet, Amazon, Meta, and Microsoft, mainly for new data centers and all the gear housed within them, is in...
Goldman Sachs taps Anthropic’s Claude to automate accounting, compliance roles
The bank has, for the past six months, been working with embedded Anthropic engineers to co-develop autonomous agents in at least two...
Advance raises $8.6m in Seed funding
New York City based finance platform for insurance raised $8.6m in Seed funding led by nvp capital.
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