Rillet, an AI-native accounting startup, has raised $100 million in a Series C round at a $1 billion valuation, and its CEO Nicolas Kopp says AI is reshaping consulting firm hiring by reducing routine…
Graduate job vacancies in the UK fell 45.6% year-on-year to 8,383 in July, a record low, according to recruitment firm Adzuna, as employers cut entry-level roles and turn to AI. The decline, which und…
The World Bank's World Development Report 2026 finds that developing economies have more to gain and less to fear from AI than richer ones, with only 4.5% of jobs in low- and middle-income countries a…
Physical AI startups raised $47.4 billion across 521 deals in H1 2026, up nearly 80% from a year earlier, according to Crunchbase. Castelion, a hypersonic weapons startup, closed over $1 billion in Se…
Rillet, a San Francisco-based startup founded in 2024, has raised $100 million in a Series C round at a $1 billion valuation, bringing its total funding to over $200 million in 14 months. The company'…
A global workplace study by Workplace Intelligence in partnership with software firm GoTo found that while the vast majority of Gen Z workers say AI has helped them at work, roughly four in ten say th…
A KPMG report finds that nearly all tech companies with revenues above $1 billion have invested over $50 million in AI, yet only 10% achieve productivity gains at scale, highlighting a significant gap…
Six months after 71% of IT leaders feared they had until midyear to prove AI value or face budget or job fallout, CIOs have not faced mass firings, but pressure to demonstrate ROI is surging, with 71%…
Tether CEO Paolo Ardoino announced the company is expanding into AI services for developing countries, following a KPMG audit that confirmed Tether's reserves exceed liabilities by $6.8 billion and in…
Wolfgang Goerlich, a public sector CISO and faculty member at IANS Research, predicts that by 2029 the CISO role will evolve into a pacesetter for innovation, advising boards on calculated technology …
A new CESifo experiment tracking 12,365 French adults over four weeks found that those who held personal conversations with AI chatbots rated the interactions as more enjoyable than a control group bu…
Moon Pursuit Capital founder Utkarsh Ahuja said crypto venture investors will prioritize quantum-ready infrastructure heading into 2027, as global VC investment reached $227.4 billion in Q2, according…
Prime Minister Narendra Modi announced on August 15, 2026, from the Red Fort that India will train one crore youth in artificial intelligence within the next year, alongside free online coaching for c…
Tether announced that KPMG U.S. issued an unqualified audit opinion for its fiscal year ending December 31, 2025, confirming a $6.814 billion surplus. The audit, the largest in history, included physi…
Luminance, a legal AI platform founded in 2015 out of Cambridge mathematics research, has raised roughly $165 million across seven rounds, including a $75 million round to expand its legal agents, and…
Anthropic, the AI safety company behind the Claude model, is likely to select EY as its external financial auditor because Deloitte, PwC, and KPMG have commercial partnerships with Anthropic that crea…
72.7% of Hong Kong professionals use AI tools daily or weekly, more than double the global average of 31%, according to a survey by the Hong Kong University of Science and Technology (HKUST) of 3,722 …
A Hong Kong University of Science and Technology survey of 3,722 working professionals found that 72.7% use AI tools weekly, more than double the 31% global average from a 2025 KPMG study. Generative …
KPMG reports that 49% of executives have pulled back on AI agents due to costs exceeding benefits, indicating a rephasing rather than a retreat. The findings highlight the need for cost management str…
KPMG's 2026 Global Tech Report finds that 91% of Canadian technology leaders believe advanced technology will be the primary driver of competitive advantage over the next three years, yet only 27% of …