Finance & FP&A

Fazeshift Raises $17M Series A for AI Agents That Run Accounts Receivable

Fazeshift, which deploys AI agents to automate accounts receivable — invoicing, follow-ups, reconciliation, and cash application — raised a $17 million Series A led by F-Prime Capital, with participation from Google's Gradient Ventures and Y Combinator. Investors are betting on AI-powered finance operations starting with AR, the transactional-finance segment where AI results have been strongest.

South Korea Unveils an $880 Billion, 10-Year AI, Chip and Robotics Plan

President Lee Jae-myung announced a national plan to invest at least $880 billion (about 1,350 trillion won) over the next decade in semiconductors, AI data centers, and robotics — his 'Three Mega Projects.' Samsung Electronics and SK Hynix are expected to put in roughly 800 trillion won (~$518 billion) to build new chip-production hubs in the country's southwest, while groups including SK, GS, and Naver back large-scale AI data-center construction with about 550 trillion won ($356 billion).

ServiceNow Index: Brazil's AI Spending Jumps 127% but Maturity Trails Global Average

ServiceNow's Enterprise AI Maturity Index, released in June 2026, found Brazil's AI spending jumped 127% over the prior year — above the global average — yet the country's maturity score stood at 48 points, below the global level of 51. The gap points to fast investment growth running ahead of the governance, integration, and skills needed to operationalize AI.

European Tech Stocks Slide as AI Spending Meets Higher Rates

European technology shares fell 2.6% as investors reassessed debt-backed AI capital spending amid expectations of higher interest rates. The wider STOXX 600 also declined, with semiconductor companies among the notable losers.

U.S. Debate Opens Over Public Stakes in Leading AI Firms

Policy proposals under discussion in the United States include targeted taxes, equity in exchange for federal support and public wealth mechanisms tied to leading AI companies. The debate centers on whether citizens should share more directly in returns from publicly enabled AI growth.

IMF Warning Highlights Sweden's Exposure to AI-Driven Cyber Risk

The IMF and Swedish cybersecurity specialists warned that AI can shorten the time needed to discover and exploit software vulnerabilities. Sweden's extensive digitalization and dependence on shared services such as BankID and Swish were identified as factors that could amplify coordinated disruption.