Ai

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Edinburgh-based AI legal assistant platform Wordsmith has received $5 million (around £3.94m) in seed funding. The company's platform aims to enhance lawyers' productivity, allowing them to focus on higher-value work. By automating routine tasks, the platform claims customers get 90% of the th

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Accountancy body ACCA has urged CEOs and CFOs to build trust in artificial intelligence (AI) by taking steps in their organisations to manage the associated risks. As AI plays a greater role in the accounting and financial reporting of businesses, CFOs and financial controllers will have to be confi

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In a bold move set to redefine the landscape of Scotland's property industry, Angela Wallace, the centre and operations manager at Tayside Property Solicitors Centre (TSPC), anticipates a pivotal role for AI in house sales throughout 2024. A digitised strategy, known as proptech, embraces the use of

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Big Four accountancy giant PwC has set out plans to develop a new platform introducing generative AI technology to the M&A process. PwC is working with AI start-up Harvey on the technology, which will make "AI-customised models trained on the essence of deal-making" available to PwC's deals prac

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Professor Daniel Katz, a US technologist and lecturer at Illinois Tech – Chicago Kent College of Law, will address a CMS event next week focused on developments in AI and its impact on commercial contract lawyers. Commercial Contracts and AI: Grasping the Opportunities is an online event

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Fuelled by the AI boom, Nvidia is experiencing a staggering estimated profit of 1,000% on the sale of each H100 GPU, with a street-price between $25,000 and $30,000 (around £19,600 to £23,500).

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New research has revealed that artificial intelligence (AI) will be instrumental not only in enhancing the efficacy of accountants as strategic business partners to their clients, but also in sustaining small businesses, according to Intuit QuickBooks. The study found that almost nine in ten (86%) a

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A recent study has revealed that a theoretical investment fund generated by ChatGPT is significantly outperforming the average of the UK's 10 most popular funds.

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