Accounting tech space sees major acquisitions this week; Bitwave releases Data Fusion tool for digital assets; TaxValet gains B-corp status; and other accounting tech news.

Plus, AI and the SMB landscape, the evolution of Chromebooks and other recent developments in technology.

When asked to rate how much they use generative AI tools on a scale from 1-10, accountants rated their overall use at 1.56

TaxDome announced the release of TaxDome AI, meant to facilitate document management tasks.

A study says that the most efficient way to use generative AI is a combination of robotic process automation and application programming interfaces, but it is also the most difficult to implement.

Plus, CAQ releases generative AI guide for audit committees; US Bank announces new AR solution; and other accounting tech news.

Tax compliance solutions provider Avalara announced the release of its latest AI offering, a chatbot called Avi which can answer product questions, general tax questions, and troubleshoot issues.

PwC announced the rollout of its new ChatNational large language model AI for internal staff, which is designed exclusively for research questions versus the more general use ChatPwC

A recently introduced Senate bill would direct the federal government to develop third party audit standards for AI.

SafeSend announced the rebrand of SafeSend Suite to SafeSend One, which now features the new Next Gen Gather AI solution to help professionals gather client documents.

Generative AI continues to build in the accounting world, as both KPMG and Armanino announced new capacities in their respective audit tools.

A recent survey of tax professionals has found that practitioners hold both excitement and concerns about generative AI, though there is slightly more of the latter than the former.

The Public Company Accounting Oversight Board has released the results of initial outreach efforts regarding auditors and generative AI.

Thomson Reuters announced the general release of Checkpoint Edge with CoCouncil, now sporting an AI-Assisted Research feature for tax research as well.

Test your accounting knowledge on chief AI officers, Operation Hidden Treasure, and more. No. 2 pencil not required!

Plus, Bloomberg Tax and Accounting unveils new AI features; and other news from the accounting technology world.

The time is ripe to start implementing AI in organizations to harness its power in time for next year's busy season.

To achieve greater agility, accuracy and the foresight needed to adjust and adapt, businesses must shed the constraints of the financial close and embrace continuous accounting.

The bookkeeping solutions provider debuted its Generative Accounting Retrieval sYstem, GARY.

The Big Four firm named Dan Priest as its chief AI officer for the U.S.