Researchers from major U.S. universities said industry debate around combining artificial intelligence and blockchain includes exaggeration and set out five common misconceptions. They said blockchain cannot detect AI-generated content by content alone, decentralisation does not remove algorithmic bias, and giving AI agents wallets does not make them autonomous economic actors. They also said recording data on a blockchain does not guarantee original data reliability, and decentralisation may not cut AI costs.

KSTEC, an AI and business automation company, said on Tuesday it launched a smart Intelligent Document Processing (IDP) solution to shorten and automate corporate document processing. The company said the product combines natural language processing and machine learning beyond existing RPA and OCR, enabling it to understand document context. It can find, classify and extract key data from unstructured documents such as invoices and contracts. It also supports preprocessing and LLM integration to improve extraction accuracy.