The AICPA recently hosted a webcast focusing on the ethics of using AI in accounting and auditing. Experts discussed the importance of ethical considerations when leveraging AI tools in audit procedures. The event also covered topics such as digital assets, revenue recognition challenges, and insights from the ACFE's occupational fraud report.
Danielle Supkis-Cheek from Caseware highlighted the ethical considerations surrounding AI use in accounting and auditing. Robert Sledge from KPMG provided insights on digital assets and their accounting treatment. The discussion emphasized the need for accountants and auditors to stay informed about emerging technologies and adapt to evolving risks in the digital age.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.