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.
IREN (IREN) Q1 earnings: $4 billion target moves to 2027
AIStockWire — IREN beat Q1 revenue estimates at $228 million but moved its $4 billion run-rate target to January or February. Here's what it said about Microsoft's sites.
Watch Market Reassessing Pace of AI Boom: T. Rowe Price's Wang
Ads in Chatbots Have Arrived. Here’s What’s Working—and What’s Not
WIRED — As Anthropic maintains its vow to keep ads out of Claude, the rest of the AI chatbot industry is racing to win over advertisers without antagonizing users.
A&O Shearman’s $1.1 Billion AI Bet Tops Kirkland Spending Plans
news.bloomberglaw.com — A&O Shearman will commit $1.1 billion to developing artificial intelligence tools and services over the next five years, the firm announced Thursday, more than double the $500 million Kirkland & Ellis pledged in May to spend over three to four years.
Why CrowdStrike and cybersecurity stocks got crunched in Thursday’s rout
Cloudflare Boosts Annual Profit View as AI Spurs Network Demand
Anthropic Venture Ode Taps Lowenstein’s Sterba as First Lawyer
news.bloomberglaw.com — Ode with Anthropic, a $1.5 billion joint venture between artificial intelligence giant Anthropic PBC and some of Wall Street’s biggest financial institutions, has hired Bryan Sterba as its first in-house attorney.
Japan's Fuji TV goes all in with AI for drama production
Nikkei Asia — New technology used to simulate blood during surgery and an explosion
Tech stocks are suffering their biggest selloff since Covid, as investors see premature end to AI datacenter boom
Fortune — Two days after voters overwhelmingly rejected data centers, the companies that make the chips, networking gear, and other tech for the facilities saw their stocks crushed.
Hedge Funds Dump AI Debt in ‘Massive’ Selloff, RBC’s Skiba Says
NVIDIA's Vendor Financing Deals Are Not A Ponzi Scheme As It Is Slated To "Take Out $420 Billion" By Putting In $250 Billion, Says Tech Venture Capitalist Gene Munster
Wccftech — On the Zero Hedge podcast, Munster said 90s internet firms propped each other up until the money ran out. He calls NVIDIA's deals 'just smart business.'
Perplexity’s new AI coworkers can take over your workload, but they don’t come cheap
Digital Trends — Perplexity Teammates introduces persistent AI agents that remember your projects, learn from feedback, and handle ongoing work, but access costs $200 per month.
Google Forms will start using Gemini to summarize responses and uncover trends
Android Authority — Google is rolling out actionable insights to Google Forms for providing quick takeaways and recommended next steps.
US tech selloff erases post-midterm gains
semafor.com — Nasdaq drops 5% as a chip selloff bleeds into other sectors of the economy.
AI contract management: What CIOs should look for
CIO — From contract review to customer renewals, Docusign shows how AI-powered contract management can help teams find answers, automate workflows, and make more-informed decisions.
Kihan launches Constitutional Computing to bring enforceable authority to enterprise AI agents
GamesBeat — Kihan announced its Constitutional Computing math-based architecture designed to make AI governance enforceable at the point of execution.
macOS 27.3 Golden Gate public beta 1 now available, here’s what’s new
9to5Mac — Following the release of macOS 27.3 developer beta 1, Apple is now rolling out the first test build for users enrolled in the public beta.
Priority acquires AI-powered CRM company Fireberry in deal valued at over $30 million
ctech — The transaction marks the Israeli software company's fifth acquisition since Blackstone took control in 2024, and its largest to date under the investment firm's ownership.
Watch Could Political Pushback on Data Centers Drive Financial Discipline?
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