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

Naver signs 2 trillion won US AI computing deal and plans logistics expansion

Naver Green Factory rises against a blue sky with strong sun flare.

AI-generated summary Naver chief executive Choi Soo-yeon announced a computing services contract worth approximately 2 trillion won with an unnamed US company during a third-quarter earnings call. The South Korean company also plans to establish a logistics subsidiary and expand its use of leased fulfilment centres while developing AI infrastructure.

Elligint Health acquires Israeli startup Laguna in deal estimated to be worth tens of millions of dollars

AI-generated summary American healthcare technology company Elligint Health is acquiring Israeli startup Laguna Health to establish a Tel Aviv development center that will serve as its artificial intelligence development arm. Elligint Health plans to double the workforce at Laguna Health and integrate its artificial intelligence care management platform into offerings for United States health insurers.