AI Saves SAT 21.4% in Tax Collection Costs: AI Week
Home > AI, Cloud & Data > Weekly Roundups

AI Saves SAT 21.4% in Tax Collection Costs: AI Week

Photo by:   Free pik
Share it!
Diego Valverde By Diego Valverde | Journalist & Industry Analyst - Thu, 08/01/2024 - 09:57

In Mexico, the Tax Administration Service has cut tax collection costs by 21.4% in 2023, thanks to the implementation of AI.

Globally, the Paris 2024 Olympics is boosting athlete scouting and fan engagement with advanced AI technologies. Meanwhile, OpenAI has introduced SearchGPT, a new search engine prototype aiming to challenge Google’s dominance. Additionally, a Microsoft report highlights a growing focus on AI fluency for non-tech workers, and the US Air Force is advancing its Collaborative Combat Aircraft program by integrating AI into unmanned aircraft operations.

Ready? This is your Week in AI, Cloud and Data!

Mexico

SAT's Use of AI Slashes Collection Costs by 21.4% in 2023

Mexico’s Tax Administration Service (SAT) is leveraging artificial intelligence to identify taxpayers who evade taxes or engage in improper tax planning. This technology has led to a 21.4% reduction in the cost of tax collection. In 2023, the cost was MX$0.28 per MX$100 collected, down from MX$0.34 in 2019. 

International

Paris 2024 Olympics: AI Enhance Talent Spotting, Fan Experience

The Paris 2024 Olympic Games have marked a milestone in the integration of artificial intelligence into the sports arena. This emerging technology is revolutionizing the event experience by facilitating the identification of future athletes, optimizing athlete operations, and enhancing the spectator experience. 

OpenAI's SearchGPT: A Direct Challenge to Google

OpenAI has unveiled a new prototype search engine called SearchGPT. This development has the potential to transform the way users search for information online, positioning the company to challenge Google's current dominance in the search market. 

Microsoft Partners with Lumen to Boost Data Center Capacity

Microsoft announced an alliance with Lumen Technologies to increase the capacity of its data centers to meet the growing increase for workloads generated by artificial intelligence.

This collaboration will enable Microsoft to utilize Lumen's infrastructure, including the Private Connectivity Fabric custom network. This customized network, which includes dedicated access to existing fiber in Lumen's network, installation of new fiber on existing and new routes, and use of Lumen's new digital services, will improve the capacity, performance, stability and speed of the next generation of Microsoft Azure applications, Copilot, and other platforms.

FTC Urged to Investigate Car Manufacturers' Data Practices

The Federal Trade Commission (FTC) is being urged to investigate the ongoing practice of car manufacturers collecting and selling driver data without informed consent. In a letter to FTC Chair Lina S. Khan, Senators Ron Wyden (Oregon) and Edward J. Markey (Massachusetts) detailed how companies like General Motors (GM), Honda, and Hyundai collect extensive data from internet-connected vehicles and sell it to third parties, including insurance companies.

AI Fluency Assessments Key for Non-Tech Workers

According to a recent Microsoft report, two-thirds of business leaders now prioritize AI skills over traditional experience. Essential skills in this context include proficiency with tools like ChatGPT and a solid understanding of AI concepts. Upskilling courses are increasingly emphasizing AI literacy, reflecting its growing importance in hiring practices and career development.

US Air Force Advances CCA Program with AI Integration

The US Air Force is making strides in its Collaborative Combat Aircraft (CCA) program by incorporating artificial intelligence into its operations. Recently, contracts were awarded to five companies to develop AI systems for unmanned aircraft, often referred to as "robot wingmen."

Photo by:   Free pik

You May Like

Most popular

Newsletter