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

Unpredictable technology costs are hammering British businesses

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AI-generated summary Research from the Centre for Economics and Business Research suggests unpredictable tech provider charges cost British businesses £3.8 billion annually, with AI infrastructure overspending reaching £1.2 billion in the UK. Wasabi Technologies states that businesses are blindsided by these unexpected infrastructure costs, while the study indicates that firms have delayed or scaled back AI initiatives.

Anthropic’s Earnings Metric Tweaks Renew Focus on Stock Packages

AI-generated summary Anthropic PBC filings reveal questions regarding whether unofficial performance measures shared with investors should include employee stock compensation packages used to compete for top talent. The omission of $3.3 billion in compensation helped the Claude chatbot maker report $5.6 billion in adjusted net income instead of a $104 billion net loss under standardized accounting.

AI readiness is still scuppering enterprise ambitions – and workforce skills are a leading pain point

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AI-generated summary New research from Kyndryl warns that a concerning number of enterprises remain unprepared to expand their AI projects despite unlocking positive returns. Kyndryl CEO and chairman Martin Schroeter states that workforce skills and infrastructure capabilities are leading pain points affecting broader AI readiness.

GITEX GLOBAL 2026 in Dubai: dates, venue and who is coming

AI-generated summary GITEX GLOBAL 2026 takes place in Dubai with a summit on 7 December at Dubai World Trade Centre followed by an expo from 8 to 11 December at Dubai Exhibition Centre in Expo City Dubai. The organisers expect more than 6,000 exhibitors from over 80 countries, featuring companies such as Huawei, Microsoft, Snowflake, Tencent Cloud, Alibaba Cloud, HCL Software, Telnyx, Intel, AWS and AMD.