Microsoft shares rose 3.3% on May 28, joining a broader software sector rally after Snowflake's fiscal Q1 earnings showed a 34% revenue jump, signaling that enterprise AI spending is translating into …
At the Cannes Lions advertising festival, human creativity took center stage over AI, with marketers expressing more grounded views on AI's limitations. Havas research found 84% of brands suffer consu…
BCG's North America leader of people and organization practice, Julia Dhar, says workers with a 'high-agency mindset' are thriving in the AI era by proactively seeking clarity, building skills, and ta…
Hong Kong Exchanges and Clearing (HKEX) raised HK$280 billion in IPO proceeds in 2025, overtaking the New York Stock Exchange to rank first globally, driven by a surge in tech listings under its revam…
A Risk.net study of 61 banks found that 80% now deploy AI for operational risk management, with cyber risk as the fastest-growing use case. Governance gaps and ROI doubts are slowing deeper adoption, …
Superhuman, the company behind Grammarly and Superhuman Mail, has acquired AI detection startup GPTZero, which has over 19 million users and $30 million in annual recurring revenue. GPTZero will integ…
Accounting software buyers fall into three distinct profiles with incompatible economics: independent small firms where automation threatens billing models, large advisory firms that build in-house, a…
A new report from EY identifies the 'tempo gap' as a critical blind spot in AI adoption, where machine speed outpaces human comprehension, leading to trust erosion and inefficiencies. The firm advises…
CIOs must break down organizational silos between resilience and data security as AI exposes long-ignored vulnerabilities, according to IT executives from Fidelity Investments and EY. Surveys show hal…
A KPMG report on AI adoption by businesses contained false case studies that appear to be AI hallucinations, according to research group GPTZero and verified by the FT. The October report made bogus c…
Factory AI, a San Francisco startup building autonomous AI agents for software development, raised $150 million in Series C funding at a $1.5 billion valuation. Khosla Ventures led the round, with par…
Carlos Domingo, CEO of Securitize, won the EY Entrepreneur of the Year 2026 award for Florida on June 12. Securitize has over $4 billion in tokenized assets and 580,000 investor accounts, with plans f…
Forbes Technology Council contributor warns that organizations embedding AI rapidly without governance controls are accumulating 'AI risk debt' across four areas: untracked employee use of consumer AI…
Consulting firms are hiring entry-level workers despite AI disruption, with salaries remaining stable. Bain & Company offers a base salary of $112,000, Boston Consulting Group $110,000, McKinsey & Com…
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…
KPMG withdrew a report on AI usage after multiple organizations, including UBS and the UK's National Health Service, disputed its claims. Research group GPTZero attributed the inaccuracies to AI hallu…
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…
Only 4% of Australians trust AI companies with their private information, according to a new survey by the Office of the Australian Information Commissioner. The finding places Australia among the mos…
Pope Leo XIV published a 43,000-word encyclical urging global governments to slow AI development, as an EY survey of 23 countries ranked Australians among the least favorable toward AI. The Office of …
An investigation has found that Ernst & Young's report on loyalty fraud contains fabricated citations and broken references, with the sourcing errors labeled as hallucinations. The probe documented mi…