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

How Mastercard’s Michael Miebach Learned to Love Collaboration

AI-generated summary Mastercard Chief Executive Officer Michael Miebach discusses how artificial intelligence agents are becoming part of the payments ecosystem to assist with consumer transactions. The company launched Mastercard Agent Pay and Agent Pay for Machines to integrate artificial intelligence into the checkout process through cross-industry cooperation.

The CIO job description is being rewritten in real-time

AI-generated summary As artificial intelligence enables the rapid redesign of workflows from the ground up, enterprise technology leaders face growing pressure to determine whether certain work should exist and who should perform it. While expectations for artificial intelligence climb, executives like Jessica Kral note that conversations with corporate boards have shifted toward managing deliverables based on existing data foundations.

Why Boson AI’s Toronto office is growing faster than its Silicon Valley HQ

AI-generated summary Boson AI co-founder and CEO Alex Smola says the startup is expanding its Toronto office faster than its Silicon Valley headquarters to build voice AI foundation models. Smola attributes the Canadian expansion to predictable conditions, easier work permit acquisition for foreign talent, and partnerships with local institutions like the University of Toronto.

Samsung’s leaked Memory app could bring Pixel Screenshots features to Galaxy phones

AI-generated summary Samsung is reportedly preparing a new Memory app for Galaxy phones that will use artificial intelligence to rename items, create descriptions, and generate tags. According to SammyGuru, the application will purportedly require One UI 9.5 and perform artificial intelligence processing via the cloud using the gemma-4-31b model.

Pierre Fabre Taps XtalPi’s AI and Robotics for Drug Discovery

AI-generated summary Laboratoires Pierre Fabre and XtalPi announced an agreement on November 9, 2026, to discover novel small-molecule clinical candidates using artificial intelligence and robotics. XtalPi will provide artificial intelligence capabilities and a robotics platform for de novo design, while Laboratoires Pierre Fabre will select and advance compounds in oncology, dermatology, and rare diseases.

Chinese AI firms want Silicon Valley’s top minds. Poaching them won’t be easy

Graphic featuring 'We are hiring' text, a user icon with a Chinese flag, and location text for Silicon Valley

AI-generated summary Chinese artificial intelligence firms are attempting to hire Silicon Valley-based engineers to work on their models, potentially tapping into talent at American labs such as OpenAI and Anthropic. However, experts say that poaching these employees will not be easy because Chinese companies often struggle to match the salaries and career prospects offered by their American peers.

Also covered by news.bloomberglaw.com