UBS forced KPMG to withdraw a report containing AI-hallucinated claims about the bank's use of AI agents in advisory, risk management, and compliance.

A new probe into Big Four KPMG's report on agentic AI found that a large portion of its references were flawed, amid the latest news of AI-hallucinated reports published by…

UBS forced KPMG to withdraw a report containing AI-hallucinated claims about the bank's use of AI agents in advisory, risk management, and compliance.