Business & Industry · Thu 12 Nov

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.

Today · Thu 12 Nov

Nebius falls 10% as company expects increased 2026 capex spend, issues weak outlook

AI-generated summary Nebius shares dropped 10% after the company issued a weak outlook and reported expectations for increased 2026 capital expenditure spending. Nvidia held about $329 million in Nebius shares at the end of June according to a filing, while Nebius raised $5.75 billion in debt financing during the quarter.

Also covered by AIStockWire Bloomberg AI Industry Today
+1 moreTech.eu

I tried Google’s new smart glasses — and a 5-minute conversation changed my mind about intelligent eyewear

AI-generated summary Google showcased a new collection of intelligent eyewear developed with Samsung, featuring Gemini integration and live translation capabilities. The frames from Warby Parker and Gentle Monster are priced starting at $395 and $449, with preorders opening November 12.

Also covered by Android Authority 9to5Google

SE3 Raises $30M Series A to Scale Spatial AI for Autonomous Systems

AI-generated summary SE3 announced on November 12, 2026, that it raised $30 million in Series A funding led by Accel to develop spatial intelligence software for autonomous systems. The Munich-founded company combines computer vision and artificial intelligence to convert sensor data into spatial understanding for drones and ground vehicles.

Also covered by TNW | Investors-funding sifted.eu Fortune

Nebuly raises $21M from Planven to show enterprises what its AI agents are worth — TFN

AI-generated summary Nebuly raised $21 million in Series A funding led by Planven to help enterprises understand the value of their artificial intelligence investments. Francesco Signorato says the startup focuses on analyzing what artificial intelligence agents accomplish inside organizations for large enterprise clients.

Also covered by TNW | Investors-funding Unite.AI SiliconANGLE
+1 moreTech.eu

Google Wanted Spirit Airlines Data. Flight Attendants Found a Way to Opt Out

AI-generated summary Google agreed to a deal to purchase data from Spirit Airlines following its liquidation process, prompting privacy concerns from the Association for Flight Attendants. The revised agreement involves using Tonic AI to de-identify records and exclude sensitive information from the sale before a judge reviews the settlement.

Also covered by news.bloomberglaw.com www.businessinsider.com

Qvyon launches with $8M to improve safety for physical AI deployments

AI-generated summary Qvyon Technologies Inc. launched with eight million dollars in total funding led by MaC Venture Capital to help companies validate autonomous vehicles and robots. The company released its Mimic Core platform to let developers test physical artificial intelligence models and robotics setups in virtual environments using sensor recordings.

Also covered by BetaKit

Foxconn’s Q3 Operating Profit Rises 64%, With Further AI Rack Growth Forecast

AI-generated summary Foxconn reported a sixty-four percent year-over-year rise in operating profit for the third quarter of two thousand twenty-six and forecast continued growth in AI rack shipments. The manufacturer recorded revenue of NT$3.016 trillion for July to September while cloud and networking products accounted for fifty-four percent of that revenue.

Also covered by Nikkei Asia MacDailyNews