OpenAI nabs former xAI CFO as business finance leader

Mike Liberatore brings some “heavyweight financing chops” to OpenAI — but might “come with a learning curve” when it comes to AI, Cowen Partners’ Shawn Cole said.

Retail sales exceed forecasts despite sinking consumer sentiments

Consumer spending has held steady in recent months even amid rising price pressures, a slowdown in hiring and an increase in unemployment.

AI ROI for today’s CFOs: How to find use cases that really count

FP&A software firm Vena offers AI ‘planning agent’ in bid to slash budget cycles

The Microsoft partner envisions helping FP&A teams to adjust strategies “without the weeks or months traditional planning requires,” an executive said.

Most firms miss AI cost forecasts, survey finds

The stakes could dramatically rise next year as many AI pilots move to production, leaving CFOs with huge cost overruns, Mavvrik CEO Sundeep Goel said.