Technology

The White House released "America's AI Action Plan," which calls for a wide variety of measures such as cutting regulations, promoting standards, encouraging training and aligning models with certain values.

April, a tax program that leverages artificial intelligence, closed a $38 million Series B fundraise.

Intuit announced the release of new proactive AI agents for its Intuit Enterprise Suite, in addition to enhanced automation, business intelligence and financial management capabilities.

Canopy announced the availability of its new Smart Intake solution, to automate client intake and onboarding, fully embedded in Canopy's unified platform.

Aprio announced it has acquired AI accounting assistant platform TimeCredit, a 2024 AICPA and CPA.com Startup Accelerator company, as part of a larger $300 million investment in AI and automation.

Big rigged; fearsome foursome; NYPD blue; and other highlights of recent tax cases.

Tax compliance solutions provider Sovos announced new AI capacities, called "Sovi," not as a standalone feature, but as an intelligent layer embedded throughout the compliance lifecycle.

AI and AI agents will no doubt do a lot of work in a lot of industries in the very near future. But generative AI still carries the risk of creating incorrect or fabricated information.

Amid cost pressures, more than a third of finance leaders have paused at least some capital spending and cut costs in virtually all areas except for AI.

Plus, Sage launches Tap to Pay feature; UHY offers CCMP accelerator courses; and other accounting technology news and updates.