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

Fujitsu networking arm in Nvidia virtual RAN team up

AI-generated summary Fujitsu networking arm 1Finity announced a full-stack AI-native virtual radio access network solution underpinned by Nvidia GPUs and supported by partners such as Quanta Cloud Technology and Supermicro. 1Finity stated that the solution will enable mobile network operators to offer a comprehensive portfolio of artificial intelligence and radio access network solutions while accelerating go-to-market timelines for enterprise customers.

Dropbox ditched AWS S3 for its own in-house system. Now it’s buying Tigris to sell S3-compatible storage to AI developers.

AI-generated summary Dropbox announced plans on Thursday to acquire Tigris for $350 million and unveiled the upcoming DBX Agent Cloud offering. Dropbox states the acquisition is designed to accelerate its ambitions in selling storage infrastructure to developers and businesses.

Also covered by Crunchbase News TechCrunch IT Pro

Elon Musk Is Afraid Of Power Being "Concentrated" In My Hands, Says Sam Altman, Even As Both Have Similar Fears About AI

AI-generated summary OpenAI makes products available while Sam Altman and Elon Musk develop competing technologies amidst ongoing concerns regarding concentrated power. Sam Altman states that Elon Musk and former coworkers build rival systems because they believe high stakes require multiple competing approaches.