CMOs

A new survey by Code and Theory finds that one in four large US companies has no one specifically in charge of AI. Responding firms use an average of 183 AI tools, yet only 15% of AI investment functions as an integrated system. The report raises questions about governance, since CEOs, CTOs and CMOs may each claim ownership of AI strategy without clear accountability.

A new study by Code and Theory finds that one in four large US companies has no single executive responsible for AI. Surveyed firms use an average of 183 AI tools, but only 15% of AI investment operates as one coordinated system. Commenters warn that when CEOs, CTOs and CMOs each pursue separate AI strategies, brands risk fragmented spending and unclear accountability.

Chinese CMOS image sensor startup CVSENS has raised a funding round worth hundreds of millions of yuan, according to startup data provider Dealroom. The company develops CMOS sensor technology, a component used in cameras for smartphones, vehicles and industrial equipment. Details on investors, valuation and planned use of proceeds were not disclosed in the announcement, and the company has not yet issued a public statement on the funding.

A survey by Code and Theory of large US companies found that one in four has no executive responsible for AI. Firms surveyed use an average of 183 AI tools, yet only 15% of AI investment operates as an integrated system. Commentators are asking what happens to brands when CEOs, CTOs and CMOs each claim ownership of the AI problem.