Artificial intelligence (AI) is set to revolutionize the professional services industry, creating approximately 58 million jobs according to the World Economic Forum. The adoption of AI in accounting and auditing requires responsible and people-centered approaches to overcome challenges and drive transformation.
Technological advancements in data mining, machine learning, and quantum computing are empowering accountants and auditors to leverage AI for streamlining workflows and enhancing efficiency. AI not only improves data analysis but also optimizes various accounting and audit processes, saving time and reducing errors.
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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.