With 6,000 forward-deployed engineers tasked with helping customers use its AI more effectively to transform their businesses, the tech giant is effectively underwriting the last mile of AI implementation—where many enterprise initiatives have stalled.
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Billions have already been committed to AI infrastructure, licenses, and pilots, yet measurable outcomes remain inconsistent for many companies. Microsoft is betting that tighter integration, such as linking models, workflows, and proprietary data, will unlock tangible productivity gains and justify continued spending.
Early use cases, including work with the London Stock Exchange Group, point to a particularly compelling opportunity in finance, where the ability to query complex structured and unstructured data could reshape decision-making. Finance is increasingly focused on AI, while CFOs, who determine enterprise AI tech spending, are also being called upon to help deliver AI value in their organizations.
My colleague Sebastian Herrera, Fortune’s tech correspondent, points out that Microsoft and others have much riding on AI adoption. Microsoft is pushing for greater use of its Copilot AI product, which is far from becoming ubiquitous in the business world, and the company has spent billions building out data centers that host AI models and support other critical computing services.
For Microsoft, the push for greater adoption has come as its investors have become worried about Anthropic, OpenAI, and other AI competitors eating away at its more traditional software services. Microsoft shares are down about 20% in the past year. You can read more about Microsoft Frontier here.
The broader question for investors is whether initiatives like Frontier can convert today’s heavy AI capex into durable, high-margin growth—or simply extend the payback period. As Big Tech doubles down on deployment, not just development, the race is shifting from model performance to measurable enterprise value.
Leaderboard
Fortune 500 Power Moves
—Ellen Johnson was appointed CFO of Kyndryl (No. 300), an enterprise technology services provider. Johnson will join Kyndryl on July 20 and assume the role of CFO on August 6. She joins from Interpublic Group (IPG), which was recently acquired by Omnicom, where she served from 2020 to 2025 as EVP and CFO of IPG. Since joining IPG in 2000, she has held a series of senior finance leadership positions, including CFO of IPG Mediabrands, SVP of finance and treasurer, SVP and treasurer, and assistant treasurer, International. Harsh Chugh will continue to serve as interim CFO through August 5.
—John Murphy, president and CFO of The Coca-Cola Company (No. 98), will also lead the North America Operating Unit on an interim basis. Jennifer Mann will step down from her role as EVP and president, North America Operating Unit, effective Aug. 1. Mann will stay with the company through April 2027 as senior advisor. A successor for the president of the North America Operating Unit will be announced at a later date.
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Every Friday morning, the weekly Fortune 500 Power Moves column tracks Fortune 500 company C-suite shifts—see the most recent edition
Big Deal
Monster’s latest report, “America’s 15 Best Jobs for Workplace Experience,” includes finance on the list alongside fields such as technology, health care, and creative roles. The research highlights how employees in these jobs value opportunities to build skills, collaborate, and receive support from managers, and it emphasizes that feeling recognized and having a sense of purpose are key drivers of satisfaction and retention.
For finance professionals, the findings suggest that employers who invest in meaningful on-the-job development and clear growth paths can gain a competitive edge in attracting and keeping talent in an increasingly demanding and data-driven function.
Going deeper
“After a nearly 800% explosion, this AI stock’s U.S. debut could signal if the market can still boom—or is headed for a bust” is a Fortune article by Jason Ma.
He writes: “South Korean chipmaker SK Hynix isn’t one of the Magnificent 7 stocks but is in a class of its own after pulling off a stunning rally on the back of the AI boom, and it’s about to land on U.S. markets. Shares will list on the Nasdaq and are expected to start trading on Friday, raising about $29 billion in what could be the biggest-ever first-time share sale by a foreign company.” Read more here.
Overheard
—Sungwon Jee, Hyundai Motor Company’s executive vice president and global chief marketing officer, told Fortune. Atlas, Boston Dynamics’ fully electric six-foot humanoid robot, made a historic halftime appearance during the FIFA World Cup 2026 Round of 16 match between Brazil and Norway at New York/New Jersey Stadium. Hyundai Motor Company, which owns Boston Dynamics, has sponsored FIFA for 27 years.
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