KPMG Withdraws AI Report Amid Concerns Over Hallucinations

Professional services firm KPMG has recently withdrawn its report titled "Redefining excellence in the age of agentic AI" after several organizations disputed the accuracy of its claims regarding their AI usage. The report, published in October 2025, faced scrutiny for containing numerous inaccuracies attributed to AI hallucinations, a term used to describe misleading or false […]

Unlocking Profitability: KPMG’s AI Agent Playbook for Boosting Enterprise Margins

Global AI investment is rapidly increasing, but a recent survey by KPMG reveals that enterprise AI spending is not translating into measurable business value. The survey indicates a significant gap, with companies planning to allocate an average of $186 million on AI in the coming year. However, only 11% of organizations have successfully implemented AI […]