Use strategies like combining robotic process automation (rpa) with artificial intelligence to streamline workflows. Timing, the report adds, is crucial: While back-office has long been ignored in discussions. Innovation, its transformation is no longer optional. "As uncertainty, regulatory complexity and competitive pressures continue to increase, businesses... are looking for ways to streamline operations, improve decision-making and increase efficiency," pymnts wrote. " Behind the scenes. Office is ready for its renaissance — and the appropriate, effective, and responsible use of AI may be the key." For all of pymnts' AI coverage, sign up for the daily AI newsletter.
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Discussions are underway to raise funds from investors at a billion-dollar valuation. Bloomberg News reported on Wednesday (February), citing people familiar with the matter. As the report notes, that figure is the same price owner Elon Musk paid for the Social. Negotiations for the media platform, then known as Twitter, were still ongoing, the report added, adding that details could change. X could also have abandoned the discussion altogether, the report said. The news follows reports from Bank of America, Barclays and Morgan Stanley last month.
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