Business and Industry covers the commercial adoption of artificial intelligence across corporate sectors and economic markets. Truncated covers enterprise deployments, industry investments, market trends, workforce impacts and regulatory compliance.
AI-generated summary Salt Lake City-based Torus announced it secured $500 million in a Series C funding round led by Magnetar. The energy-storage startup will use the capital to manufacture a new shipping container-sized product named Foundry that combines batteries with artificial intelligence computing.
AI-generated summary Microsoft has released its Automatic Super Resolution feature out of preview for supported AMD Ryzen-powered Copilot+ PCs and handheld devices. The updated feature uses artificial intelligence to upscale games on built-in screens without requiring devices to be docked.
AI-generated summary Creator advertising platform Tano has raised $4 million in a seed funding round led by Cherry Ventures to develop its artificial intelligence-powered platform. Will Caplan states that brands should be able to set a commercial objective and invest predictably into creator advertising.
AI-generated summary ByteDance plans to release a Muse-like artificial intelligence assistant in the coming weeks to augment its lead in artificial intelligence video. Co-founder Zhang Yiming spoke about the plan during an all-hands meeting according to people familiar with the matter.
AI-generated summary XpertDox raised a $20 million Series A investment round led by Savant Growth to scale its artificial intelligence medical coding platform for healthcare providers. The XpertCoding platform automates medical coding by turning clinical documentation in electronic health records into accurate coded data without manual intervention.
AI-generated summary Anthropic started rolling out Claude Sheets and Claude Whiteboards in beta while moving Claude Data out of beta on Tuesday. Anthropic says Claude carries context between steps so a plan can move from a whiteboard to a spreadsheet and a dashboard.
AI-generated summary Czech medtech startup Kardi Ai applies artificial intelligence to analyze electrocardiogram recordings for long-term heart rhythm monitoring. Kardi Ai secured 5.3 million euros in a Series A funding round to advance its predictive heart monitoring technology and expand internationally.
AI-generated summary OpenAI says more than 20,000 transitioning servicemembers and veterans have claimed a year of ChatGPT Plus at no cost over the past year. OpenAI Academy and community partners have hosted more than a dozen trainings for nearly 1,000 members of the military community.
AI-generated summary Databricks CRO Ron Gabrisko discussed scaling sales on the SaaStr AI CRO Confidential podcast. Ron Gabrisko stated that Databricks sales reps use Genie and LLMs to help sell products.
AI-generated summary Former Nexar AI researchers have raised $13 million in a Seed funding round led by Team8 for their artificial intelligence company Plurai. Plurai says its platform automates testing and improvement for AI agents using simulations inspired by autonomous driving technology.
AI-generated summary Red Hat Inc. announced Red Hat AI 3.4 to support agentic artificial intelligence deployments and large-scale inference across hybrid environments. The company also introduced the Red Hat AI Factory in collaboration with Nvidia Corp. to support Nvidia architectures and project initiatives.
AI-generated summary Many company artificial intelligence deployments stall because organizational knowledge remains undocumented and workflows lack clear maps. The Modern Data Company survey reported that only 8.4 percent of data leaders call their system data trustworthy enough for production.
AI-generated summary A scandal involving Nvidia CEO Jensen Huang has introduced uncertainty surrounding South Korea's artificial intelligence ties with the company. Nvidia officials declined to comment on whether a U.S. congressional investigation could impact the delivery of 260,000 graphic processing units pledged to South Korea.
AI-generated summary ADB SAFEGATE completed its acquisition of Synaptic Aviation on November 11, 2026, integrating artificial intelligence computer-vision software for aircraft turnaround and apron operations. CEO Laurent Dubois says the purchase adds operational intelligence to AIRSIDE 4.0, while Synaptic reports deployments at airports across North America, Europe and Latin America.
AI-generated summary Insight President and CEO Jack Azagury outlined heavy investment in artificial intelligence capabilities and AI infrastructure during an interview covering his first seven months in the role. Insight reported consolidated net sales up 22 percent year over year to $2.4 billion for the third quarter of its fiscal year ending Sept. 30.
AI-generated summary Gamma GM of Self Serve Kristin Fracchia stated that marketers must now sell to a second buyer that is not human. Fracchia made the remarks during the TNW Podcast at HumanX in Amsterdam, discussing how artificial intelligence acts as an intermediary in buying processes.
AI-generated summary SAP and VF Corporation opened S.Fashion, an artificial intelligence-enabled fashion retail innovation space in Walldorf, Germany, to test retail processes. The store stocks products from The North Face, Vans and Timberland, and utilizes Joule, part of SAP Business AI Platform, to guide consumers.
AI-generated summary Hitachi Vantara announced updates to VSP One Object and Hitachi iQ Studio on November 11, 2026, adding in-place lakehouse queries and governance features for enterprise AI applications and agents. Hitachi Vantara reports up to 5.5x faster data access for AI workloads and up to 5x faster analytical query performance with fewer CPUs using the new storage capabilities.
AI-generated summary The AI sales startup Rox has raised $100 million in Series B funding at a $1.3 billion valuation. General Catalyst and March Capital co-led the round, with additional investments from Sequoia, GV, and Prosperity7.
AI-generated summary Savannah Kunovsky told IEEE Spectrum about the industry pressure companies face to integrate artificial intelligence into physical products. Kunovsky stated that Humane products and other examples show how artificial intelligence can make user experiences slower and less reliable.
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