Financial Management In Ai

Eliyan hits $1B valuation and Simile raises $200M as AI infrastructure funding surges in late July 2026

Four deals closed in the final days of July 2026 signal where enterprise AI capital is flowing: chip interconnects, behavioral prediction, spare parts, and prev

60% of agentic AI costs go to response refinement, and most enterprises are already over budget

McKinsey finds 93% of enterprise AI teams exceed their budgets, with response refinement alone consuming 60% of agentic AI spend.

Enterprise AI spending hits a wall: companies ration tokens, redirect budgets

Major enterprises including Uber, Meta, and Salesforce are cutting AI access and redirecting budgets as token costs surge past forecasts.

Strong AI governance can lower insurance premiums and board liability

The insurance industry has long rewarded responsible behavior with lower premiums. Nonsmokers pay less for health coverage. Safe drivers pay less for auto policies. Homeowners with security systems get better rates. According to proponents of AI governance platforms, the same logic now applies to ho

IBM study finds only 11% of tech executives ready for AI agent scale as control gap widens

A new IBM IBV study of 2,000 CIOs and CTOs reveals a widening gap between AI deployment speed and organizational control, governance, and financial visibility.

Extreme Networks Reports Third Quarter Fiscal Year 2026 Financial Results

Revenue up 11% and SaaS ARR Growth Accelerates to 29% YoY on Extreme Platform ONE Growth; Secured Forward Supply Chain to Meet Demand and Stabilize Gross Margins