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If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."

However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …

Blue Dot raises $32M for AI that helps companies comply with tax codes

#artificialintelligenceApr-7-2021, 10:38:09 GMT

Register for free or grab a discounted VIP pass today. Tax compliance platform Blue Dot (previously VatBox) today announced it has raised $32 million, bringing its total raised to over $96 million. The firm says it will put the funds toward product R&D and expanding the size of its globlal workforce. The tax compliance burden for enterprises can be significant. In 2019, half of companies responding to an EY Americas survey indicated that their biggest compliance challenge would be staying current on legislative and regulatory developments.

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Country: Europe > Netherlands (0.06)

Industry:

Government > Tax (1.00)
Law > Taxation Law (0.87)

Technology: Information Technology > Artificial Intelligence > Machine Learning (0.35)

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