A lot of people make money through tax evasion. Far fewer manage to make money through tax compliance. But an artificial intelligence start-up led by a former Macquarie banker in San Francisco is trying to do just that, and is already valued at $150 million after barely a year of operation.
Founded by Australian Nicholas Rudder, Sphere launched in December last year as a tax engine that uses large language models to analyse tax law all over the world to help start-ups navigate their obligations.
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