
Articles
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1 week ago |
cfodive.com | Alexei Alexis
Most U.S. companies (65%) are experimenting with artificial intelligence agents — tools designed to perform workplace tasks in place of humans, up from 37% in the fourth quarter of last year, a KPMG study released Wednesday found. The Big Four accounting firm also found that generative AI budgets are expanding, with surveyed organizations planning to spend an average of nearly $114 million on the technology during the next 12 months, up from $89 million in the prior quarterly survey.
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1 week ago |
cfodive.com | Alexei Alexis
Microsoft is “slowing or pausing” some of its artificial intelligence data center projects, a top executive said in a recent blog post, confirming earlier news reports on the pullback.
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1 week ago |
cfodive.com | Alexei Alexis
Artificial intelligence has made it easy for scammers to pose as job candidates, opening the door for cyberattacks such as ransomware that can result in huge financial losses for targeted businesses, according to fraud detection company Pindrop. Scammers can use AI to generate polished resumes and LinkedIn profiles, Christine Aldrich, chief people officer for Pindrop, said in a recent blog post.
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1 week ago |
cfodive.com | Alexei Alexis
The Federal Trade Commission gathers potentially market-moving, confidential business data that would be at “substantial” risk if accessed by the Department of Government Efficiency, according to two Democrats suing President Donald Trump to reverse their recent removal from the commission. In a joint statement Thursday, Rebecca Slaughter and Alvaro Bedoya said they were “deeply concerned” after reports indicated that the FTC has opened its doors to DOGE representatives.
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2 weeks ago |
cfodive.com | Alexei Alexis
The Senate late Wednesday voted to approve President Donald Trump’s nomination of former business consultant Paul Atkins to lead the Securities and Exchange Commission. The nomination was confirmed on a 52-44 party-line vote, with no support from Democrats. Four senators, including John Fetterman, D-Pa., and Bernie Sanders, I-Vt., did not vote. “Paul Atkins brings a wealth of experience and dedication to safeguarding our capital markets,” Sen.
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