Technology
BlackBerry CFO Tim Foote announced at the Baird Global Consumer, Technology & Services Conference on Tuesday that the company has completed its transformation and is now a growth enterprise. He specifically highlighted the growth potential of the QNX software business in the 'physical AI' field and revealed that the division has achieved GAAP net profit for eight consecutive quarters, with QNX quarterly revenue hitting a record $78.7 million, up 20% year-over-year.
Coca-Cola is using artificial intelligence and scenario modeling tools to optimize marketing and commercial investment decisions as part of its financial transformation. At the Gartner 2026 Finance Symposium/Xpo, company executives revealed that fragmented analysis had previously caused slow decision-making, and through its proprietary platform Fuel Light 360, the decision cycle has been shortened from two weeks to one hour.
AI is rapidly becoming one of the most difficult investment categories for CFOs to evaluate. Boards demand AI roadmaps, executive teams seek productivity gains, and business units are experimenting with automation and analytics tools. However, the early financial picture is uneven: many projects remain in experimental stages, productivity gains are difficult to isolate, adoption rates vary by team, and the distance from pilot to measurable enterprise impact often exceeds expectations. For software and SaaS companies, the answer may lie not in chasing every AI use case, but in examining the operating model behind revenue—how customers buy, renew, expand, and receive support.
Workday announced on Wednesday the launch of a new artificial intelligence feature, Adaptive Decision Intelligence, aimed at simplifying financial planning and analysis (FP&A) workflows. The feature extends the Adaptive Planning platform, allowing teams to ask questions in natural language and complete scenario analysis within minutes, while integrating data from multiple enterprise systems. Ben Pierce, General Manager of Workday Adaptive Planning, stated that the goal is to make users more efficient, focusing on strategic work rather than data organization. The tool is currently in an early adopter program and is expected to become more widely available later this year.
Nvidia CEO Jensen Huang publicly urged Supermicro to strengthen export compliance controls after Taiwan detained three individuals over false declarations of AI servers. Supermicro responded that an industry-wide solution is needed and emphasized its own compliance framework. The incident follows the indictment of Supermicro's co-founder and others for smuggling chips to China, with attention also on the company's internal control remediation and CFO hiring issues.
A global survey by IT company GoTo reveals growing workplace dependence on AI, but highlights issues of skill degradation, trust crises, and accountability. 39% of employees (46% for Gen Z) say AI reliance has weakened their skills, 60% feel pressure to use AI, and 83% worry about being blamed for AI mistakes. The report recommends that companies provide effective training and policies to balance productivity with employee capability development.
Neil Dhar, Senior Vice President of IBM Consulting Americas, said in an interview with CFO Dive that many enterprises struggle to achieve substantial returns on AI investments, mainly because senior leadership is not deeply involved, business processes are not restructured first, and numerous siloed pilot projects lack ROI. He emphasized that CFOs should act as asset stewards, ensuring an AI investment return rate of 2.5 to 3 times, and support external communications with auditable data.
The adoption of AI in finance is accelerating, but CFOs must balance efficiency and trust. This article explores how AI enhances finance team productivity, transparency challenges, and a three-pillar framework for 'finance-grade AI,' citing insights from Sage CTO Aaron Harris and research data from Sage and IDC.
Intuit announced a 17% layoff, approximately 3,000 employees, in its third-quarter earnings report, aiming to streamline structure and enhance profitability. Company executives clarified that the layoffs are unrelated to AI but stressed that AI investment remains key to future growth.
Inspired Entertainment announced on Monday that it has promoted internal executive Craig Wilson to Chief Financial Officer, with the appointment effective May 14. Former CFO James Richardson stepped down after approximately one year in the role and will remain until mid-August to ensure a smooth transition.