Ian Crosby is returning to the accounting software world with a bold new startup called Synthetic, a company built around the idea of a fully autonomous AI bookkeeper. Crosby, who previously co-founded Bench Accounting in 2011 and later launched Teal in 2023, is now taking his third major attempt at improving business accounting. This time, his goal is even more ambitious: creating an AI system that can complete bookkeeping and generate accrual-based financial reports without

Customers Bank CEO Sam Sidhu made an unusual announcement during the company’s first-quarter earnings call: the prepared remarks analysts had just heard were not read by him, but by his AI clone. Sidhu described it as a potential first for a public company earnings call and used the moment to highlight a much larger shift happening inside the bank. Customers Bank, a $25.9 billion asset lender focused on startups and small businesses, is now moving deeper into artificial intel

Snowflake and SAP have joined forces to launch a groundbreaking collaboration that unites the Snowflake AI Data Cloud with SAP’s Business Data Cloud (SAP BDC), marking a new era in enterprise artificial intelligence and data integration. This strategic partnership aims to empower organizations to harness semantically rich business data with the scalability and intelligence of Snowflake’s platform, enabling faster innovation, more informed decision-making, and enterprise-grade

Amazon has unveiled Project Amelia, an advanced generative AI-powered assistant designed to revolutionize how third-party sellers manage...