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The senior leadership team from KPMG's U.S. branch is presently on the lookout for AI startups in Silicon Valley, in pursuit of potential collaboration avenues. KPMG is keen on making proactive arrangements to safeguard its business interests against any potential threats that may arise as these startups gain momentum. Tim Walsh, the CEO of KPMG U.S., has articulated that the firm intends to forge partnerships with pertinent startups or acquire equity interests to ensure a steady supply of technological resources. Reports indicate that all four major accounting firms are undergoing strategic transformations. They are organizing their staff to acquire new technological skills, developing intelligent agent systems to automate certain services, and actively promoting the benefits of AI applications to their clientele.
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