A bill that would make it easier for telephone companies to sell cable TV may be put to a vote again in the Texas statehouse this week, revived for the second time since May courtesy of an unrelated stalemate over public school funding. The wide-ranging telecommunications bill, approved by separate House and Senate committees on Thursday, is one of several initiatives in statehouses around the nation and in Congress that would enable phone companies to avoid the arduous task of securing thousands of local cable TV licenses. Those efforts have already stalled in Virginia and New Jersey, two of the states where Verizon Communications Inc. and SBC Communications Inc. are investing billions of dollars to upgrade their local phone networks to deliver TV and faster Internet connections.
Artificial intelligence (AI) has emerged as a transformational force, reshaping business processes and unlocking new possibilities for efficiency and innovation in corporate finance. The latest Gartner survey on AI usage in finance provides evidence of this emerging trend, offering valuable insights into the future growth trajectory of AI in finance. The Gartner survey reveals a significant milestone. As of 2024, 58 percent of finance functions actively use AI technology -- that's a substantial increase from previous years. Artificial Intelligence Market Development Perhaps even more telling is the projection that by 2026 more than 80 percent of finance functions are expected to be leveraging AI solutions. The survey sheds light on the use cases of AI in finance: AI is being deployed to enhance forecasting accuracy and provide deeper insights into financial trends. Automation of routine tasks and improved accuracy in financial reporting are key benefits observed. AI algorithms are