Business & Industry

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.

Monday 9 November

New survey finds enterprises trapped between legacy software and AI modernization

AI-generated summary Google Cloud reports on a new survey conducted with Hypothesis Group involving 1,250 enterprise IT and business decision-makers in the United States regarding legacy software and AI modernization. Google Cloud states that nearly 90 percent of the Fortune 100 are already using Gemini Enterprise while 49 percent of respondents report that on-premises software has delayed or canceled technology initiatives.

Apple launches $50 'intelligence usage packs' for select AI features

AI-generated summary Apple has launched its first paid intelligence usage packs priced at $50 for expanded artificial intelligence features in Logic Pro. The company states that usage packs are expected to be available for Final Cut Pro, Pixelmator Pro, and the iWork suite later this month.

Also covered by The Verge AppleInsider Engadget
+3 moreiPhone in Canada | Canada’s source for Apple, telecom, tech news, and deals ZDNET MacDailyNews

Moody’s and S&P downgrade Akamai on debt-fueled AI infrastructure buildout By Investing.com

AI-generated summary Akamai Technologies Inc received credit downgrades from Moody’s Ratings and S&P Global Ratings following a debt-funded push into artificial intelligence edge infrastructure. S&P lowered Akamai to speculative grade while Moody’s cut its rating to the lowest investment-grade tier due to financing strategies tied to an Anthropic agreement.

Northern Trust and Microsoft Frontier Company collaborate to transform client onboarding through AI

AI-generated summary Northern Trust and Microsoft expanded their collaboration to deploy a new AI-powered client onboarding agent on the Northern Trust Asset Servicing Front Office Solutions platform. Northern Trust says the agent cuts data preparation time by 83 percent and achieves a 96.5 percent F1 first-pass quality score.

Also covered by Unite.AI CIO

Inside Nvidia's org chart: See the 36 leaders who reported to CEO Jensen Huang as of 2025 at the world's most valuable company

AI-generated summary An internal list obtained by Business Insider shows that Nvidia CEO Jensen Huang had 36 direct reports as of October 2025. A spokesperson for Nvidia stated that Huang remains committed to continuing to lead Nvidia as CEO without interruption following a board investigation.

Also covered by Fortune CNBC Engadget

Disney hires Adobe to build private AI models

Disney hires Adobe to build private AI models

AI-generated summary The Walt Disney Company has hired Adobe to build private generative AI models trained on Disney characters, settings, and visual styles. Under the multi-year alliance announced at Adobe MAX, Adobe becomes Disney's official AI innovation partner following an earlier partnership with OpenAI.

Also covered by The Verge The Decoder Digital Trends
+6 moreTNW | Artificial-intelligence www.tomsguide.com Variety PPC Land GamesBeat Bloomberg