Basis news and trends

AI Fuels Tech Surge as Micron, Databricks and Basis Ride Wave of Growth
artificial intelligence // December 19, 2024

Micron Technology posted a stunning 400% jump in data center revenue amid soaring AI chip demand, while data intelligence firm Databricks secured a massive $10 billion funding round at a $62 billion valuation. The AI growth momentum also reached the accounting sector, with startup Basis...

Basis Raises $34 Million to Deploy AI Agents for Accountants
artificial intelligence // December 17, 2024

Basis has raised $34 million in a Series A round to expand its deployment of artificial intelligence (AI) agents designed to help accountants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Accounting Industry Ripe for GenAI Integration, Andreessen Horowitz Says
artificial intelligence // June 27, 2024

Artificial intelligence (AI) is poised to change the accounting industry, according to a new report from venture capital firm Andreessen Horowitz. As large language models (LLMs) continue to advance, AI is becoming a crucial component in various sectors, with accounting firms particularly eager to harness...

Recon, Intel’s Latest Acquisition Of A Series In Wearable Technology
Acquiring // June 18, 2015

Vancouver-based Recon Instruments, a smart eyewear company, was bought yesterday (June 17) by wearable-tech-hungry Intel, after buying smartwatch maker Basis last year. According to Recon CEO Dan Eisenhardt’s blog post, Intel, which wants to play an active role in the wearable revolution, is an ideal partner....

Quick Reads
Basis Raises $100 Million to Build Up AI in Accounting

February 24, 2026
Accounting-focused artificial intelligence (AI) startup Basis has raised $100 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

Basis Raises $34 Million to Deploy AI Agents for Accountants

December 17, 2024
Basis has raised $34 million in a Series A round to expand its deployment of artificial intelligence (AI) agents designed to help accountants. Get the Full Story Complete the form...