These CFOs are devoting 25% of their AI budgets to agentic AI

According to the news article, a significant shift is occurring in the way chief financial officers (CFOs) are approaching artificial intelligence (AI) investments. The article states that more than a third of all CFOs surveyed are now pursuing an aggressive AI strategy, a substantial increase from only 3% in 2020. A key focus of this shift is the allocation of AI budgets, with CFOs devoting approximately 25% of their AI budgets specifically to "agentic AI." Agentic AI refers to AI systems that can autonomously make decisions and take actions, rather than merely assisting humans. The article suggests that this increased investment in agentic AI reflects a growing recognition among CFOs of the potential benefits and capabilities of this technology. By empowering AI systems to make autonomous decisions, CFOs may be seeking to enhance efficiency, speed, and precision in financial operations and decision-making processes. The article highlights the significant changes in the way CFOs are approaching and prioritizing AI investments, indicating a more strategic and aggressive approach to leveraging this technology within their organizations.