Business & Industry · Fri 13 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 · Fri 13 Nov

Anthropic IPO shuts out Chinese investors amid US-China tensions By Investing.com

AI-generated summary Institutional investors in mainland China and Hong Kong are reportedly excluded from the $1.4 trillion IPO of Anthropic as Washington tightens its focus on strategic artificial intelligence technologies. Banks handling the deal have refused orders from the two markets citing potential restrictions under US International Traffic in Arms Regulations, according to Bloomberg reports.

Also covered by Bloomberg Law AI AIStockWire The Decoder
Earlier: Anthropic's IPO dilemma after the AI sell-off: 'Damned if you do, damned if you don't' · Anthropic’s potential $2 trillion IPO could turn staff into millionaires

Only these iPhone models can run the full Apple Intelligence suite and Siri AI

AI-generated summary Apple Intelligence and the iOS 27 Siri AI overhaul require specific hardware starting with the iPhone 15 Pro and newer devices. According to Apple, advanced on-device features such as full Siri voice customization require at least 12 GB of unified memory found on specific models.

Earlier: Apple is all in on AI — its own and everyone else’s · Apple leadership may have differing views on AI strategy

Nscale’s IPO filing shows $5.5bn of debt and a bigger bet on Nvidia

AI-generated summary British AI cloud company Nscale disclosed in an amended IPO prospectus filed with US regulators that its total debt reached $5.5bn on September 30. The filing also shows that Nscale relies on Nvidia as both a shareholder and a chip supplier, with Nvidia committing $2bn in convertible financing.

Earlier: Nscale’s amended IPO filing puts nine-month loss at $1.7 billion

Disney Pivots to Embrace AI From Film to Parks

AI-generated summary Walt Disney Co. is exploring artificial intelligence across its operations and will debut a children’s series rendered by AI on Disney+ in December. The company developed Ozzy Fox through a collaboration with Animaj, utilizing tools that convert hand-drawn images and text into three-dimensional animation.

Also covered by TNW | Artificial-intelligence
Earlier: Watch How Adobe Is Helping Disney with Custom AI Tools · Disney hires Adobe to build private AI models

South Africa’s Ramaphosa takes AI pitch to Musk’s turf

AI-generated summary South African President Cyril Ramaphosa is scheduled to visit California to secure American artificial intelligence infrastructure investment while meeting with companies including Google, Cisco, Palo Alto Networks, and Microsoft. The diplomatic tensions involve local equity ownership rules that Elon Musk criticized and that US officials warned are holding back capital, alongside disputes regarding foreign policy and race policies.

AMD wants gamers to remember Radeon loyalty, days after declaring itself a data center-first company

AI-generated summary AMD published a social media message attempting to appeal to gamers shortly after CEO Lisa Su declared the enterprise a data center-first company. The enterprise reported that data center revenue reached $8.5 billion while gaming revenue dropped 40% to $773 million.

Also covered by VideoCardz
Earlier: View: Nvidia is not just a chip company

Dyania Health, Nvidia team up to bring clinical reasoning AI inside hospital networks

Large cross and glowing medical icons hologram. Concept of artificial intelligence in health care

AI-generated summary Dyania Health is collaborating with Nvidia to integrate its Synapsis AI clinical reasoning platform into hospital IT systems. The platform utilizes Nvidia computing infrastructure to analyze unstructured medical records within hospital networks while keeping patient data secure.

Also covered by blockchain.news Unite.AI TNW | Artificial-intelligence

Weekly Rundown: Ohio State Wexner, Microsoft ink tech deal; OpenEvidence launches free Access Intelligence tools

A magnifying glass focuses an AI chip icon with healthcare symbols on blue background

AI-generated summary OpenEvidence launched Access Intelligence, a set of tools built into its platform that lets clinicians access coverage information. The Ohio State University and Microsoft announced a five-year strategic partnership to accelerate innovation across clinical care settings.

Earlier: The Ohio State University and Microsoft announce five-year strategic partnership to accelerate innovation across clinical care, education and research

OpenAI reportedly raises $15B at $1.25T valuation as Anthropic IPO approaches — TFN

AI-generated summary OpenAI is reportedly raising fifteen billion dollars at a valuation of one point two five trillion dollars. The reported financing comes as rival Anthropic prepares for a planned stock market debut.

Earlier: OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO · 20VC x SaaStr: OpenAI Cuts to $1.25 Trillion, Anthropic’s Growth Goes From 12x to 2x, and Why Agents Are an Existential Risk to DoorDash