jeremy sulzmann: can intuit mend fences with accountants at qb connect?
how intuit plans to heal a strained relationship with accountants.
em>by seth fineberg
at large
technology
vcs plunk $60 million into ai-powered ‘autonomous’ tax prep
black ore emerges from stealth with $60 million in funding to launch tax autopilot, an “autonomous” tax prep app for cpas and accounting firms.
by 卡塔尔世界杯常规比赛时间 research
via black ore
black ore.ai, an austin, texas-based ai platform for financial services, bolts out of the gate with $60 million in financing led by a16z and oak hc/ft. the company plans to use the funds to onboard new customers, grow its team and accelerate the development of additional ai products across financial services.
black ore was founded by veteran entrepreneurs, ceo eyal shinar and cto pavel kapovski, who have proven track records building and operating global fintech brands with ai and machine learning technologies. shinar previously founded fundbox, a $1 billion fintech unicorn powering payments and lending solutions for smbs. kapovski previously led r&d at cme group and spearheaded the development of machine-learning technology used by globally regulated banks and financial institutions. they are joined by a powerful team from leading companies such as adobe, baker tilly, cisco, ey, google, goldman sachs, grant thornton, nasa, pwc and ramp.
black ore offers an ai and automation platform that accelerates core workflows for financial services businesses and simplifies the experience for their clients. as part of its launch, black ore also announced its flagship product, tax autopilot, which combines its proprietary ai technology with federal and state tax codes and regulations to simplify the tax preparation and review process for cpas and accounting firms. future product offerings will target wealth management, financial advisory and planning, insurance services and more.
bill gates says america has a math problem
the philanthropist offered three ways to fix america’s math issues.
by rick richardson
technology this week
when bill gates was in eighth grade, a teacher asked him why he was “so lazy” in math class. he responded, rather boldly, that the class was “not doing anything interesting.”
more: new tech could let evs go 3,000 miles on a single charge | major websites blocking content from ai crawlers | what is an heic file? | bill gates behind next-generation nuclear plant | electronic skin that can sense touch will transform robotics | four of today’s new technologies that will be tomorrow’s ‘norm’
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the co-founder of microsoft and philanthropist is quite talented at math and likes it, but he also admits that math is “america’s least favorite subject.”
in essence, gates claims that math education hasn’t advanced to match the pace of society.
accountants hopeful, concerned and confused about ai
tax and accounting pros share their thoughts, both negative and positive.
by 卡塔尔世界杯常规比赛时间 research
how ai works in plain english
check out these three reads to understand ai and how to leverage it for business.
by rick richardson
technology this week
science fiction author arthur c. clarke once said, “any sufficiently advanced technology is indistinguishable from magic.” yet artificial intelligence isn’t magic, and you don’t need to be a computer scientist to understand how chatgpt works.
more: new tech could let evs go 3,0000 miles on a single charge | major websites blocking content from ai crawlers | what is an heic file? | bill gates behind next-generation nuclear plant | electronic skin that can sense touch will transform robotics | four of today’s new technologies that will be tomorrow’s ‘norm’
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if it hasn’t already, ai will soon be present in your home and business. ideally, you should be ready.
read more →
workflow tools only as good as their users
software is just the beginning. consistency is the key.
by penny breslin
it’s not just the numbers
workflow. tasking. these two words are thrown around quite a bit and sometimes they are used interchangeably. so, let’s get this part defined a bit more.
more: tech tips for back office support | accounting tech tools to minimize your pain | do your apps play well with others? | it’s ok to have favorite clients | ten questions for teamwork | yes, you can be an outsourcer
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workflow definition: noun, the sequence of industrial, administrative or other processes through which a piece of work passes from initiation to completion
tasking definition: noun, a piece of work to be done or undertaken
verb, assign a piece of work to
workflow is always a noun and tasking can be either a noun or a verb. no wonder people get this confused.
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meet basis, the new ai bookkeeper on the block
founders focused on accountants’ pain points.
by seth fineberg
new tech could let evs go 3,000 miles on a single charge
imagine driving across america and not stopping for gas.
by rick richardson
technology this week
a substantial advancement in battery technology has been made in the quickly developing field of electric vehicles (evs), offering an unparalleled increase in energy storage capabilities. this finding couldn’t have come at a better moment, given the exponential rise the electric vehicle sector is currently experiencing.
more: major websites blocking content from ai crawlers | what is an heic file? | bill gates behind next-generation nuclear plant | electronic skin that can sense touch will transform robotics | four of today’s new technologies that will be tomorrow’s ‘norm’
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the energy storage capacity of batteries can now be increased tenfold according to a ground-breaking method developed by researchers at the pohang university of science & technology (postech). this invention could change the face of the entire electric vehicle market in addition to advancing battery technology. here’s how: