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AI Startup Anthropic Files Confidentially for US Stock Market Debut
BusinessReutersBBCbloomberg+49NYTeconomistwsjFTle-mondeThe GuardianNPRAl Jazeera+41 more12d ago52 sources

AI Startup Anthropic Files Confidentially for US Stock Market Debut

Anthropic, a leading artificial intelligence startup and rival to OpenAI, has confidentially filed for an initial public offering (IPO) in the United States. This move positions Anthropic to potentially be the first major AI company to go public, aiming to raise significant capital for its continued growth.

Accenture Rolls Out Microsoft Copilot to 743,000 Employees
TechnologyReutersindian-expressndtv+1channel-news-asia1mo ago4 sources

Accenture Rolls Out Microsoft Copilot to 743,000 Employees

Accenture has begun deploying Microsoft's Copilot 365 AI assistant to its entire global workforce of 743,000 employees. This large-scale adoption marks a significant boost for Microsoft's enterprise AI solutions.

Yahoo Publishes Multiple "Good Stock To Buy" Analyses
FinanceYahoo1mo ago

Yahoo Publishes Multiple "Good Stock To Buy" Analyses

Yahoo Finance has published a series of articles evaluating various companies to determine if their stocks are currently good investment opportunities. These analyses cover a range of companies including eBay, Coinbase, and Texas Roadhouse.

Google Unveils New AI Chips and Enterprise Agent Platform
TechnologyReutersbloombergcnbc+12marketwatchBusiness InsiderforbesYahooTimes of Indiaindian-expresschannel-news-asiaseeking-alpha+4 more1mo ago15 sources

Google Unveils New AI Chips and Enterprise Agent Platform

Google has introduced its 8th-generation TPU chips and the Gemini Enterprise Agent platform, signaling a major push into AI for its enterprise clients. This move positions Google to compete more directly with Nvidia in the rapidly expanding AI hardware market.

PwC engineers built an AI agent to tackle the corporate world's least sexy task: spreadsheets
TechnologyBusiness Insider3mo ago

PwC engineers built an AI agent to tackle the corporate world's least sexy task: spreadsheets

PwC, like many consulting firms, is investing heavily in engineering talent. Artur Widak/NurPhoto via Getty Images PwC's engineers have created a new AI agent to tackle enterprise-grade spreadsheets. Spreadsheets are unsexy, but crucial to corporate operations, PwC exec Matt Wood told Business Insider. Traditional AIs "just kind of shrug and give up" when they meet a big spreadsheet, Wood said. The real way to judge a company's AI expertise isn't in the flashy headlines, but by looking at the "unsexy" work rolling out behind the scenes, Matt Wood, PwC's global and US commercial technology and innovation officer, told Business Insider. If Wood's theory holds — that real AI prowess shows up in unglamorous advances — PwC's latest launch is certainly notable. After all, what could be less sexy than spreadsheets? The Big Four firm announced this week that it has developed a "frontier AI agent" capable of reasoning over vast, enterprise-grade spreadsheets — something that conventional AI systems struggle with because of their complexity, size, and interdependencies. The agent can understand and navigate spreadsheets, mimicking "how experienced practitioners work: scanning, searching, jumping across tabs, integrating charts and receipts, and reasoning," PwC said in a press release. Why spreadsheets matter Wood, who joined PwC in 2024 from a role as vice president of AI at Amazon Web Services, said that when he started, he'd noticed the wraparound, ultra-wide monitors filled with spreadsheets: "That's all anybody was working on," he said. But these were not "your school soccer team budget spreadsheet," said Wood. The spreadsheets that power large enterprises are enormously complex, often containing millions of cells, charts, graphs, images, receipts, and dozens of interlinked workbooks. "They are more like financial engines than they are spreadsheets," he told Business Insider. These files often underpin business-critical decisions, yet PwC "found that even today's modern AI was very poorly suited to managing these big enterprise spreadsheets," Wood said. "They just kind of shrug and give up for want of a better word." Matt Wood, PwC's global and US commercial technology and innovation officer. PwC Creating an AI capable of understanding and reasoning across large, complicated spreadsheet applications is what PwC's engineers set out to solve. Their solution was a "genuine advance in the field," Wood said. The agent has unlocked use cases across assurance, advisory, and tax, and boosts time saving on some tasks "from literally days to hours," said Wood. He gave the example of audit walkthroughs, where teams previously spent weeks manually gathering and validating evidence across numerous complex spreadsheets that existing AI tools couldn't handle. Now, users simply upload the files, and the frontier agent automatically maps their structure, extracts relevant data, and performs validation and consistency checks — tasks that would otherwise require combing through millions of rows by hand. The result is faster meetings, less back-and-forth with clients, and cleaner, structured data ready for deeper AI-driven analysis, he said. Consulting powered by engineers PwC's AI spreadsheet agent was built in-house by engineers — a function the firm has been rapidly expanding as it shifts beyond the traditional roles associated with the Big Four. In January, PwC launched a dedicated tech engineering career track to attract more technical talent, saying it wants to become "a destination for top engineering talent." Previously, the firm offered only consulting and accounting career paths. Wood told Business Insider that adding the engineering track is "a signpost" of its future plans. At the same time, PwC is retraining non-technical employees. The US branch of the firm recently announced a companywide workplace learning strategy focused on knowledge sharing and on developing a mix of human and AI skills needed for the future. Wood described the work engineers do at PwC as having two modes: "transforming today" and "building for tomorrow." The first focuses on improving current workflows — reducing back-and-forth with clients, increasing trust, and delivering work more efficiently. The second reimagines professional services from scratch: "If you were to start from a blank piece of paper, what would professional services look like in an AI agent world?" said Wood. PwC engineers also work directly on client engagements, building AI systems tailored to specific projects. For example, they help organizations reorganize and redesign their finance functions from the ground up using agents, Wood said. Many of the consulting industry's top players are pursuing similar investments in technical talent as AI reshapes the work they do. Accenture, already one of consulting's most technically sophisticated players, has added nearly 40,000 AI and data professionals in the last two years. They now account for roughly 10% of its global headcount. EY, another Big Four firm, has added 61,000 technologists since 2023, according to its latest annual report. Have a tip? Contact this reporter via email at pthompson@businessinsider.com or Signal at Polly_Thompson.89. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely. Read the original article on Business Insider

Businesspublicoobservador8d ago2 sources

Portuguese Operators Fined €13 Million for TV Adverts

Portuguese telecommunications operators Meo, NOS, Vodafone, and Accenture have been fined a total of €13 million by the Competition Authority. The fines were imposed for placing advertisements within automatic TV recordings.

OpenAI Launches New $4 Billion Unit to Aid Corporate AI Deployment
TechnologybloombergBusiness InsiderYahoo+2channel-news-asiaseeking-alpha1mo ago5 sources

OpenAI Launches New $4 Billion Unit to Aid Corporate AI Deployment

OpenAI has announced the creation of a new unit, backed by a $4 billion investment, specifically designed to help businesses deploy and integrate artificial intelligence solutions. This new consulting arm aims to assist companies in leveraging AI technologies effectively.