AIFinance

Corporate Treasuries Accelerating AI Integration Despite Data Hurdles, Citi Study Reveals

Corporate treasury departments are increasingly embracing generative AI despite significant data quality challenges, according to a new Citi report. The study reveals nearly 60% of treasurers have identified practical AI applications, with 40% planning investment increases within two years. However, fragmented data remains the primary barrier to effective implementation.

AI Momentum Builds in Corporate Treasury Functions

Corporate treasury departments worldwide are accelerating their adoption of artificial intelligence technologies, particularly generative AI, according to recent analysis from Citi. The banking giant’s global survey of 75 corporate treasuries across multiple industries and regions indicates a clear directional shift toward AI integration despite ongoing implementation challenges.

AITechnology

OpenAI Faces Copyright Backlash After Sora 2 Launch Strategy Reversal

OpenAI’s Sora 2 video app launched with a controversial opt-out copyright model that allowed users to generate videos with protected characters. Within 72 hours, following widespread criticism, CEO Sam Altman announced a complete reversal to an opt-in system for rightsholders.

OpenAI’s Controversial Copyright Strategy

OpenAI’s rollout of its Sora 2 video application has sparked significant controversy in the entertainment industry, according to reports. The initial launch featured what sources indicate was a questionable approach to intellectual property rights, permitting users to generate videos containing copyrighted content until rightsholders specifically requested removal.