Google is expanding its Finance service with AI-driven capabilities that draw on crowdsourced prediction data from Kalshi and Polymarket. The new features let users ask finance‑related questions, such as future GDP growth, and receive answers that incorporate the latest market probabilities. The rollout begins in India and will reach U.S. users within the next few weeks, with early access available through Google Labs. Google emphasizes that the predictions are not guaranteed to be accurate, noting that only a small share of crypto wallets on Polymarket show profits. Leia mais →

Companies are confronting a new wave of expense fraud as artificial intelligence tools enable the creation of highly realistic receipt images. Demonstrations of AI‑produced receipts show detailed itemization, paper texture and signatures that can deceive human reviewers. Financial leaders report that a growing share of fraudulent expense submissions are AI‑generated, prompting firms to adopt AI‑based detection systems that examine metadata and contextual cues. Research indicates that many chief financial officers believe employees are using AI to falsify travel expenses, highlighting the expanding risk and the need for more sophisticated controls. Leia mais →

ChatGPT excels at drafting questions, translating jargon, and offering basic explanations, but it falls short when asked to diagnose health conditions, provide mental‑health support, make emergency safety decisions, handle personalized finance or tax planning, process confidential data, or create legally binding documents. The model also cannot be trusted for cheating‑related tasks, real‑time news monitoring, gambling advice, or original artistic creation. Users are urged to treat the AI as a supplemental tool rather than a replacement for professionals in these high‑risk areas. Leia mais →

Oracle is reportedly preparing a $15 billion corporate bond offering that could include up to seven tranches, one of which may be a 40‑year bond. The move comes weeks after the cloud‑infrastructure giant signed a massive AI compute agreement with OpenAI valued at $300 billion and entered talks with Meta on a $20 billion deal. Oracle also announced a leadership transition, with CEO Safra Catz moving to executive vice‑chair and co‑CEOs Clay Magouyrk and Mike Sicilia taking the helm. Leia mais →

ChatGPT excels at answering questions and drafting text, but it falls short in critical areas such as diagnosing health issues, providing mental‑health support, handling emergency safety decisions, offering personalized financial advice, and processing confidential or regulated data. It also cannot replace legal professionals, nor should it be used for cheating in education, real‑time monitoring, gambling, or creating art that is passed off as original. Understanding these constraints helps users avoid costly mistakes and rely on qualified experts when needed. Leia mais →