Builder.ai lowered sales figures and hired auditors, a major setback for the artificial intelligence startup backed by Microsoft and the Qatar Investment Authority.

Spreadsheet provider Sourcetable launched a spreadsheet that lets users tell it what they want through natural language commands.

Plus, BillingPlatform launches BP Pay solution; Bill announces "Bookkeeper Appreciation Week"; and other accounting tech updates.

A recent survey from Rightworks found firms that use AI have a higher revenue per employee than firms that do not.

Big Four firm PwC released Agent OS, an agentic AI operating system to streamline AI workflows and orchestrate complex, multi-agent business processes at scale.

The French government is deploying increasingly aggressive methods to uncover tax fraud.

Traditional AI and generative AI aren't significantly more likely to produce high productivity gains compared to other innovations like RPA or blockchain.

FloQast and Fieldguide each announced the release of their own agentic AI solutions for accountants.

Traditional talent development models rely on in-house staff and struggle to keep pace with the changes accounting firms face.