Tag: Chief executive officer

AIBusinessInnovation

KPMG Survey: 73% of CEOs Plan Major AI Workforce Investments in 2025

Nearly three-quarters of global CEOs plan to invest 20% of their entire budget on AI in the coming year, according to KPMG’s latest outlook survey. The findings suggest a rapid shift toward what industry experts call the “superhuman” workforce, where AI agents augment human capabilities rather than replace workers entirely.

The AI Investment Surge

Corporate leaders are placing their biggest bets yet on artificial intelligence, with new data revealing an unprecedented commitment to workforce transformation. According to KPMG’s 2025 CEO Outlook survey of over 1,300 global chief executives, nearly three-quarters plan to allocate a staggering 20 percent of their entire budget to AI investments in the next 12 months alone. This marks the second consecutive year that AI has topped their investment priorities, signaling a fundamental shift in how enterprises view technological transformation.

by Michael Turner
BusinessInnovationTechnology

CFO Role Transforms From Financial Guardian to Strategic Architect

The chief financial officer role is undergoing a dramatic transformation from compliance-focused guardian to strategic architect. According to recent industry analysis, modern CFOs are increasingly driving technology investments and business strategy while becoming prime candidates for CEO positions.

The Evolving Executive Suite

Chief financial officers are shedding their traditional image as corporate gatekeepers and emerging as strategic architects shaping enterprise futures. According to industry analysis, what was once primarily a compliance and reporting function has transformed into a multidimensional leadership role with expanding influence across business operations.

by Michael Turner
BusinessSoftwareStartups

Snowball & Co. Merges Adro and Finfare Money to Create Unified Fintech Platform

In a strategic consolidation move, Snowball & Co. has reportedly acquired banking platform Adro and is merging it with its existing Finfare Money business. The combined entity will operate under the Finfare Money brand and be led by Adro’s founding team, creating a unified platform for international entrepreneurs and businesses.

Snowball & Co. is consolidating its fintech holdings with the reported acquisition of Adro and its subsequent merger with portfolio company Finfare Money, according to industry sources tracking the deal. The move creates a unified financial platform that combines Adro’s cross-border banking expertise with Finfare’s payment and expense management capabilities.

Building a Combined Financial Platform

by Jessica Moore P.E.
AIBusinessTechnology

Cold War Nuclear Treaties Offer Blueprint for AI Safety Framework

Industry experts are calling for international AI safety treaties modeled after Cold War nuclear agreements. According to recent analysis, the rapid development of artificial intelligence requires immediate global coordination to manage existential risks, with verification systems similar to those used for nuclear weapons.

The Urgent Case for AI Governance

As artificial intelligence capabilities accelerate at a breathtaking pace, technology leaders are sounding alarms about the need for international safety frameworks that many say should mirror Cold War nuclear treaties. According to industry analysis, the current approach to AI development resembles an unregulated arms race, with companies and nations pushing boundaries without adequate safeguards.

by Jessica Moore P.E.
BusinessSemiconductorsTechnology

Intel Returns to Profitability Amid Strong Chip Demand, Foundry Challenges Remain

Intel has reportedly snapped a six-quarter losing streak and returned to profitability, according to recent earnings analysis. The chipmaker’s recovery appears driven by stabilizing PC markets and growing AI demand, though its foundry ambitions continue to face significant challenges that could impact long-term growth prospects.

Profitability Returns After Challenging Streak

After six consecutive quarters in the red, Intel has reportedly returned to profitability according to recent earnings analysis. The chipmaker’s third-quarter performance suggests a potential turning point for the semiconductor giant, which has been navigating intense competition and market shifts.

by Jessica Moore P.E.
EnergyGovernmentTechnology

Trump Appoints Laura Swett as New FERC Chair Amid Rising Energy Demand

President Donald Trump has appointed Republican commissioner Laura Swett as the new chairman of the Federal Energy Regulatory Commission. The leadership change comes as the U.S. faces record electricity demand driven by artificial intelligence, electrification, and industrial growth.

New Leadership at Critical Juncture

President Donald Trump has selected Republican Laura Swett to lead the Federal Energy Regulatory Commission, according to the agency’s Friday announcement. Swett takes the helm at what industry observers describe as a pivotal moment for America’s energy landscape, with electricity demand climbing at unprecedented rates.

by Michael Turner
BusinessSoftwareTechnology

Netflix Shuts Down Squid Game Mobile Studio in Gaming Strategy Shift

Netflix has reportedly shut down Boss Fight Entertainment, the mobile game studio it acquired in 2022 that developed the popular Squid Game: Unleashed title. The closure comes despite Netflix executives recently praising the game’s performance and occurs as the streaming giant shifts its gaming focus toward TV-based party games. Industry sources indicate this marks Netflix’s second major gaming studio closure in recent years.

Mobile Gaming Studio Abruptly Closed

Netflix has reportedly shut down Boss Fight Entertainment, the studio behind the successful mobile game Squid Game: Unleashed, according to multiple posts from former staffers on LinkedIn. The closure comes just over three years after Netflix acquired the studio in March 2022, with executives at the time praising Boss Fight’s “extensive experience building hit games across genres.”

by Jessica Moore P.E.
BusinessEnergyTechnology

South Africa’s New Electricity Market Framework Draws Cautious Optimism from Wind Industry

South Africa’s upcoming wholesale electricity market has generated significant interest from wind power developers, who see both promise and peril in the new framework. Industry representatives emphasized the need to address structural risks and ensure proper market independence during recent discussions at Windaba 2025.

Industry Leaders Assess SAWEM’s Potential

The scheduled April 2026 launch of the South African Wholesale Electricity Market (SAWEM) is generating cautious optimism within the wind power sector, according to industry representatives speaking at the Windaba 2025 conference in Cape Town. While acknowledging the market’s transformative potential, multiple executives highlighted significant structural challenges that require resolution before the system goes live.

by Michael Turner
AIBusinessTechnology

Anthropic Secures Massive Google Cloud TPU Capacity for Next-Gen AI Training

Anthropic has dramatically expanded its partnership with Google Cloud, securing access to over a gigawatt of TPU capacity for 2026. The agreement represents Anthropic’s largest TPU deployment to date and will support training of next-generation Claude AI models. This collaboration signals major infrastructure scaling in the competitive AI landscape.

Major AI Infrastructure Expansion

Anthropic and Google Cloud have significantly expanded their existing partnership in what sources indicate represents the largest Tensor Processing Unit deployment in Anthropic’s history. According to reports, the agreement will provide Anthropic with access to over a gigawatt of Google Cloud TPU capacity by 2026, which the company plans to utilize for training its next-generation Claude artificial intelligence models.

by Jessica Moore P.E.
BusinessSoftwareTechnology

Kaseya Implements Workforce Reduction as Part of Strategic Realignment

The MSP platform provider Kaseya has laid off 200 employees as part of a focused investment strategy. The company plans to continue hiring in customer-facing and engineering roles while accelerating AI innovation.

Strategic Workforce Changes at Kaseya

Managed service provider platform company Kaseya has confirmed 200 employee layoffs as part of what sources indicate is a “focused investment strategy.” According to reports, the decision aims to align resources with areas expected to deliver the greatest impact while maintaining the company’s commitment to operational efficiency and innovation.

by Michael Turner