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AI & Enterprise

AI upends consulting revenue model as outcome-based fees gain ground

Generative AI is changing how consultants work and putting long-standing billing systems under pressure, with clients increasingly demanding lower costs as working hours fall. As a result, outcome-based pricing is drawing attention as an alternative to hourly billing and fixed fees. Under this model, clients pay a base fee and tie the remaining compensation to agreed targets such as cost savings and profit improvements, though the approach carries risks.

AI & Enterprise

Executives\' delusion about owning AI

A recent export-control move by an overseas government that shut off a top-tier AI model within hours has refocused attention on whether companies truly own the AI they rely on. Many firms depend on external suppliers for key AI capabilities and may face risks if services are restricted, prices rise or products change. Surveys cited in the article show many CEOs say they lead AI strategy but few control key decisions, while pressure for measurable AI results is rising.

AI & Enterprise

SolomonLabs hires Stripe alumnus Lee Changheon to develop U.S. tax planning AI agent

AI-based tax automation company SolomonLabs said on Wednesday it has hired Lee Changheon, a former project lead at global payments platform Stripe, to launch an AI agent that builds tax-saving strategies. Lee previously built financial infrastructure for regulated industries at Stripe and later developed a factory yield improvement system at Boston Consulting Group combining machine learning and AI agents. SolomonLabs plans to launch Solomon Tax Planning AI in the fourth quarter.