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.

Yesterday · Tue 10 Nov

Microsoft stock falls as Anthropic takes aim at Excel and workplace software By Investing.com

AI-generated summary Microsoft shares fell approximately 2% on Tuesday following a Bloomberg report that Anthropic is preparing to introduce artificial intelligence workplace tools that challenge Excel. The new offerings include a video-call assistant, a data dashboard tool, and Claude Sheets, which integrates artificial intelligence capabilities directly into the application.

Also covered by news.bloomberglaw.com Investor's Business Daily International Business Times

Bilt CEO Ankur Jain is betting AI and sports fandom can drive local spending—starting with free beers when the home team wins

Bilt founder and CEO Ankur Jain stands on a stage.

AI-generated summary Rewards platform Bilt is expanding a neighborhood operating system that uses artificial intelligence to connect professional sports teams and local businesses with fans through personalized rewards and loyalty programs. Bilt CEO Ankur Jain says artificial intelligence is an integral part of helping small businesses manage multiple software platforms and attract local customers.

Bay Emerges From Stealth With $50M After Fortune 100 Companies Used Its Platform to Triple Autonomous AI Agent Use

AI-generated summary Bay emerged from stealth with $50 million in total funding after its AI security platform was used by Fortune 100 companies to triple autonomous AI agent use. Battery Ventures led a $37 million Series A round for Bay, while YL Ventures and Striker Venture Partners led a previous $13 million seed round.

Also covered by Unite.AI SecurityWeek

Flash, a software sauce, and a guy named Gary: AMD’s Mext acquisition looks set to reshape AI memory costs

AI-generated summary AMD acquired storage software startup Mext to utilize its memory optimization technology and proprietary AI to improve AI infrastructure performance. Gary Smerdon says the software uses a transformer-derived system to predict memory needs and expand usable memory by making flash storage function like DRAM.

Also covered by Wccftech The Register