Your next boss might be a chief AI officer.

Over the past 12 months, companies have announced at least 50 senior AI-focused leadership hires—most notably chief AI officers (CAIOs)—across fintech, banking, manufacturing, logistics, media and enterprise technology, according to executive search firm Longhouse. The pace has accelerated sharply over the past six months, with more than a third of these appointments announced between November…

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AI-led meltdown raises IT investors’ struggle to crack revenue revival code

Fears of disruption have gripped Indian information technology (IT) stocks amid the growing focus on artificial intelligence (AI). In February alone, the Nifty IT index has declined by 14%. It all started with Palantir Technologies Inc.’s earnings call earlier this month, where it claimed its AI platform was powering complex SAP (enterprise resource planning software)…

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