When it comes to measuring ROI for AI spending, revenue generation currently ranks as the top metric (51%), followed by profitability (38%) and productivity (36%), KPMG found. Productivity, which held ...

The announcement reflects a growing trend in which Microsoft and other tech vendors are promising the next stage in generative AI applications.

While 75% of mid-sized companies have begun preparing for new climate-related regulations, 84% of respondents said they are monitoring developments before taking further action.

Amid minor headwinds to economic growth, “client concerns have shifted from recession to re-acceleration,” according to analysts at Bank of America Securities.

Declining interest rates are opening the gateway for a “regrowth” of funding activity, Huntington Bank CFO Zachary Wasserman said.