Deloitte’s Bold AI Investment: What Lies Beyond a $10M Refund?

AI companies are making significant moves into enterprise solutions, but the outcomes are proving to be quite mixed. Recently, Deloitte announced the deployment of Anthropic’s Claude AI across all 500,000 of its employees. Interestingly, this announcement coincided with the Australian government enforcing a $10 million refund on Deloitte due to an AI-generated report that was found to contain numerous fake citations. This situation exemplifies the current race among companies to incorporate AI tools prior to fully understanding their responsible usage.

In the latest episode of the Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Sean O’Kane discussed the complexities surrounding AI in the workplace, along with funding news and regulatory issues affecting the tech and transportation sectors.

Listeners can catch up on recent developments including:

• AltStore’s successful $6 million funding round aimed at integrating with the fediverse, which will make app updates part of social feeds.
• Base Power’s impressive $1 billion Series C funding commitment to distribute home batteries throughout Texas and beyond.
• An investigation by the National Highway Traffic Safety Administration (NHTSA) into Tesla’s Full Self-Driving software following over 50 traffic violations, alongside the introduction of new "cheaper" models of the Model 3 and Model Y that lack certain features.
• Zendesk’s claim that its new AI agents could autonomously resolve 80% of customer service tickets while addressing the challenges faced with the remaining 20%.

For more insights, check out the full episode of Equity available on platforms like Apple Podcasts, Spotify, and others.

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