The Silicon Data Token Expenditure Index has roughly doubled since late 2025 while the price per token fell about 90% since 2023, according to a June 12 presentation by Torsten Slok at Apollo Global M…
An investigation by GPTZero found that 40 of 45 citations in a KPMG report on agentic AI were fake, with half of the factual claims false or misattributed. KPMG has removed the report and is reviewing…
Hong Kong is attracting around 30 European family offices to set up operations, drawn by tax incentives, China's AI sector, and a property market perceived to have bottomed. The city overtook Switzerl…
KPMG, one of the Big Four accounting firms, published a report on AI benefits that was found to contain numerous AI hallucinations, including fake citations and inaccurate claims about companies' AI c…
A developer built an MCP server with 132 tools that gives AI assistants like Claude programmatic access to Cognigy.AI's management API. The server enables natural language control over conversational …
A KPMG report found that 73% of respondents observed personal benefits from AI, primarily efficiency gains, but 56% reported making mistakes due to relying on unverified AI outputs. The consulting gia…
At Fortune Brainstorm Tech in Aspen, Colorado, industry experts said enterprise AI adoption is failing because companies focus on productivity metrics rather than transforming how employees work. Delo…
The travel industry is facing a dual cost squeeze from artificial intelligence, as AI agents drive up search volumes without corresponding bookings, worsening the look-to-book ratio for airlines and h…
OpenAI CFO Sarah Friar stated at the Liquidity Summit 2026 that she would not hire a finance professional who lacks proficiency in AI tools like Codex, signaling that AI literacy is now a baseline req…
Taiwan Semiconductor Manufacturing Co. is struggling to meet surging demand from American customers driven by the AI boom, with CEO C.C. Wei stating the company can "only support so much" after a shar…
Bazooka CIO Sankar Karuppasamy now reports directly to CEO Tony Jacobs following the company's 2023 separation from Topps via a $700 million sale to Apax Partners, reflecting a corporate trend where 6…
Rob Hillard, CEO of Deloitte's Asia-Pacific branch, said recent graduates are entering the workforce with a "negative perception" of AI after being taught in college that using the technology constitu…
Snowflake announced the winners of its 2026 Partner Awards at Snowflake Summit, recognizing top partners across services, resale, and product categories. Deloitte, Accenture, and phData were among the…
Ernst & Young Canada published a 44-page cybersecurity report in late 2025 that contains fabricated citations, misattributed sources, fake statistics, and AI-generated text, according to an investigat…
Vitalii Dodonov, a 29-year-old founder and CTO based in Toronto, built an AI content tool for creators that generated $50,000 in revenue within six weeks. Dodonov, who taught himself to code while wor…
World Labs launched AgentKit on March 17, 2026, a system that uses zero-knowledge proofs to let AI agents prove they are operated by a verified human without revealing personal identity. Coinbase rele…
By May 2026, the phrase "AI without hype" had become commodity language used by nearly every consultancy and agency, rendering it meaningless as a differentiator. A small AI agency owner on Mallorca o…
Google DeepMind has announced partnerships with Accenture, Bain & Company, BCG, Deloitte, and McKinsey to accelerate AI adoption across industries. The collaboration aims to address a significant adop…