How CFOs at Chevron, ServiceNow and Nasdaq decide which AI bets create value

“It doesn’t get a free pass just because it’s got AI on the front of the opportunity,” Eimear Bonner, CFO of Chevron , told me during a panel session at the Fortune Most Powerful Women Summit in Santa Barbara on Tuesday. “It’s got to compete for capital.” Bonner’s test: a clear path to value, a transformative target and results that show up on the bottom line. “It can’t be a science experiment,” she said. Gina Mastantuno, president and CFO of ServiceNow , agrees AI must pay off, but said the way CFOs calculate ROI is a bit different today.

Source: Fortune Crypto