American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Instagram Outage Disrupts Thousands of U.S. Users 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Microsoft Corporation and KPMG International Limited have signed a landmark agreement that will put artificial intelligence (AI) at the front line of their professional services. Moreover, the companies entered into a multiple-year cloud and AI deal to advance staff experience while also hastening innovation for customers in the fields of audit, tax, and advisory.
As per Fox Business, a lot has already been written and said about how AI may affect jobs not only in the tech sector but in other fields as well. With reviews like the one carried out by McKinsey & Company, it was discovered that 25% of current job tasks in the United States may become automated. Industry experts also believe that AI will free up some of the employees’ “to-do’s” so they can work more on high-level tasks.
Now, with Microsoft and KPMG joining other tech firms such as IBM, Intel, Nvidia, and Google that are competing for AI dominance, their cooperation on AI may open billions in growth potential in cybersecurity, tax services, and cloud computing business areas.
“Our renewed and strengthened relationship with Microsoft is an exciting moment for our people and our clients,” KPMG International’s global chairman and chief executive officer, Bill Thomas, said in a press release. “It will help harness the power of our multidisciplinary model by ensuring that our people always have the right expertise, skills, and tools to overcome challenges and provide the very best advice to clients.”
He added that the partnership will “also help make KPMG a more agile and resilient business that continues to be an interesting and exciting place to work.”
Microsoft’s chairman and CEO, Satya Nadella, further stated, “We have a real opportunity to apply this next generation of AI to help transform every industry, including professional services and our expanded partnership with KPMG will bring together AI innovation across the Microsoft Cloud with KPMG’s tax, audit and advisory expertise to empower its employees and unlock insights for its customers.”
Photo by: Microsoft Press Release
