IRS urged to crack down on 'ghost preparers'
The IRS needs to do more to identify and take action to protect taxpayers from preparers who don’t sign their clients’ returns, according to a new GAO report.
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ICE confrontations will no longer be investigated by FBI: NY Times
The badge of an Immigration and Customs Enforcement (ICE) agent. Michael M. Santiago | Getty Images U.S. Immigration and Customs Enforcement agents recently have been told that the FBI will no longer investigate claims of assault against the federal officers, according to a report by The New York Times. On Thursday, FBI managers received written…
KPMG working with OpenAI to advance new “headless” enterprise tech model
Big Four firm KPMG announced a strategic alliance with OpenAI, the company behind ChatGPT, to develop and deploy AI solutions that reflect a new vision for enterprise software in the modern era for both staff and customers, beginning with joint development of a supply chain and fulfillment solutions platform. Processing Content The two companies will…
Tata Sons listing could unlock value in Tata group stocks after recent selloff
ET Intelligence Group: The stocks of Tata group companies including Tata Steel, Tata Motors PV, and Tata Chemicals are likely to gain momentum after losing 8-22% on the bourses in three months. Investors are expected to price in stakes of these companies in Tata Sons as it inches closer to listing publicly following the RBI‘s…
Private markets and AI top asset manager priorities as scale becomes the real challenge
But the depth of that adoption tells a more complicated story. Only 26% deploy AI across multiple stages of the process. Most confine it to idea generation, cited by 69%, and initial product design at 61%, leaving later-stage functions largely untouched. For firms that have yet to move beyond exploration, compliance concerns and lack of…
Altman: AI Power Must Be Diffused to Prevent Hacks Like Hugging Face
Sam Altman says the Hugging Face hack was a stark reminder of why concentrating AI power in the hands of a few people or companies is a bad idea. In a Monday appearance on Y Combinator’s podcast, Altman told YC CEO Garry Tan that anyone who was not a little scared of or humbled by…
Sun Life AI concierge fields 11,000 client conversations in its first month
Tan said cutting administrative work frees advisors to concentrate elsewhere. “By helping advisors spend less time on administrative work, we’re enabling them to focus on the relationships that matter most,” she said in the same release. The CIO Award win is Sun Life’s third consecutive one, the company said, pointing to it as evidence of momentum in scaling…
