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CFOs Give ...
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Pymnts

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CFOs Give External GenAI Data the Cold Shoulder, at Least for Now

  • Finance chiefs are comfortable with AI, but only with homegrown data.
  • CFOs are embracing AI-powered financial modeling, risk management, and forecasting tools, but prefer using their own data.
  • Skepticism arises regarding AI models trained on external, aggregated data due to gaps, biases, or errors.
  • CFOs have seen increased ROI and expanded application of generative AI, leading to plans for increased investments in the technology.

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