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.

Thursday 5 November

OpenAI appoints Jill Hazelbaker as Chief Corporate Affairs Officer

AI-generated summary Jill Hazelbaker is joining OpenAI as Chief Corporate Affairs Officer to lead the company's global communications and corporate positioning. OpenAI says the appointment reflects its commitment to investing in leadership to engage more deeply with the people and institutions shaping the future of AI.

Also covered by theinformation.com bloomberg.com Investing.com
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Wall Street CEOs, Big Global Money Managers Debate AI Risks

AI-generated summary Pacific Investment Management Co. Chief Executive Officer Emmanuel Roman and Bain Capital chair John Connaughton are warning of artificial intelligence bubble risks and an eventual market downturn. While top Wall Street executives discuss potential financial windfalls, global asset managers are raising concerns regarding the expansion of the sector.

Earlier: Enterprises Brush Off Wall Street Jitters and Double Down on AI Deployment

Jim Cramer says the AI sell-off isn't over, but it isn't another dot-com crash

AI-generated summary CNBC host Jim Cramer predicted Thursday that the steep sell-off in artificial intelligence stocks likely has further to go, though he urged investors not to panic. Micron tumbled 17%, GE Vernova dropped 7%, and Sandisk plunged 22% on Thursday following growing opposition to new data centers that raised doubts about future infrastructure spending.

Earlier: Wall Street’s push to trade AI compute hits Washington roadblock

The AI trade has been ‘sold to death’ but Goldman strategist highlights silver lining from Democratic sweep

AI-generated summary Sentiment toward artificial intelligence stocks has turned negative recently while midterm results might suggest the sector faces significant fears. A Goldman Sachs strategist indicates that artificial intelligence plays have derated and election outcomes could accelerate capital expenditure.

Earlier: Wall Street’s push to trade AI compute hits Washington roadblock