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.

Tuesday 10 November

Stock earnings pick of the week: Can Applied Materials spot cracks in the AI spending boom?

AI-generated summary Semiconductor equipment giant Applied Materials reports its earnings on Thursday amidst ongoing discussions about the sustainability of the artificial intelligence spending boom. Wall Street expects revenue of $10.30 billion and adjusted earnings per share of $4.06 as investors watch for any signs of slowing investment commitments.

I tried Gemini's new feature that turns handwritten notes into polished PDFs — and it's made me rethink how useful AI can be for everyday tasks

AI-generated summary Google updated Gemini with a new feature that creates and edits documents, spreadsheets, and PDFs directly inside the AI interface. A TechRadar reviewer tested the tool by uploading handwritten notes about the history of sandwiches to generate a readable PDF.

CoreWeave Has a Sentiment Problem Even Strong Earnings Can’t Fix

AI-generated summary CoreWeave Inc. faces a high bar to convince Wall Street that the artificial intelligence trade remains strong as it reports third-quarter earnings. Investors are focused on what management says next following midterm elections that showed voter opposition to building data centers near communities.

Also covered by investingLive CNBC Investor's Business Daily
+1 moreYahoo Finance

NVIDIA's Jensen Huang Now Faces A Class-Action Lawsuit For Material Omission And Misleading Conduct In His Extramarital Affair With Alice Huang

AI-generated summary NVIDIA and Jensen Huang face a class-action lawsuit from shareholders alleging material omission and misleading conduct regarding an extramarital affair. The New York Times reported that the U.S. Commerce Department approved Chinese firms to buy NVIDIA H200 AI accelerators.

Also covered by VideoCardz TechSpot
Earlier: Nvidia board’s idolatry of Jensen Huang could open the door to shareholder lawsuits in Delaware Chancery Court

From Shanghai finance to Nvidia's inner circle: The mystery surrounding Alice Huang

AI-generated summary Alice Huang held senior positions at a Shanghai investment firm before becoming the controlling shareholder of Singapore-based cloud-computing company Megaspeed International. Nvidia lists Megaspeed as an official cloud partner in its online directory, and the company has faced scrutiny over export controls.

Also covered by South China Morning Post

“These startups aren't just looking to integrate into the global market. They aim to lead it”

AI-generated summary Bank Hapoalim Chief Information and Technology Officer Erez Rachmil states that artificial intelligence allows entrepreneurs to translate ideas into reality faster than ever before. The sixth annual RoadShow+ event, hosted by Calcalist and Poalim Tech at The George Hotel in Tel Aviv, features sixteen selected startups working in artificial intelligence and other sectors.

Sumary secures $25M to expand its accounting software across Europe

AI-generated summary Copenhagen-founded artificial intelligence accounting software startup Sumary has secured twenty-five million dollars in a seed funding round led by Singular. The company plans to use the new investment to expand its operations across Europe, starting with the Benelux region.

Also covered by TNW | Investors-funding Tech Funding News