KPMG retracts a report on AI's benefits after it has been found to exaggerate AI adoption with case studies that appear to have been based on AI hallucinations (Financial Times)

Jun 12, 2026 - 21:55
Updated: 3 hours ago
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The graphic displays a KPMG report cover alongside artificial intelligence adoption statistics.

Financial Times:
KPMG retracts a report on AI's benefits after it has been found to exaggerate AI adoption with case studies that appear to have been based on AI hallucinations  —  Bogus case studies on UBS and transit systems exaggerated adoption of the technology.  A KPMG report on how AI is being used …

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Christopher Holloway

Christopher Holloway is the founder and director of Progressive Robot, a UK-based technology company. A full-stack engineer with more than two decades of experience, he works across PHP development, ecommerce, Linux infrastructure, technical SEO and AI automation, and writes here on technology, AI, hardware and software.

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