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.

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.