One-Minute Daily AI News 7/11/2023

1. **KPMG** plans to spend $2 billion on AI and cloud services through an expanded partnership with **Microsoft**, aiming to incorporate AI into its core services. This move is in response to a slowdown in advisory deals and a challenging economic environment.\[1\]
2. **Elon Musk** will host a conversation about AI with **Rep. Ro Khanna (D-Calif.) and Rep. Mike Gallagher (R-Wis.)** on **Twitter** Spaces Wednesday evening, a congressional aide confirmed to The Hill. Gallagher and Khanna have in the past …

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