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AI

Yesterday

The Chanticleer podcast features James Thomson and Anthony Macdonald.

Iran war price shock, private credit pain and WFH battle reignites

James and Anthony tackle global energy volatility, credit market cockroaches and take a question on oil companies and their super profits.

Firmus chief Oliver Curtis will be

Firmus’ Oliver Curtis set for green light to run ASX-listed company

The convicted insider trader has been given informal clearance by the exchange to stay on the board after the artificial intelligence firm’s blockbuster IPO.

Chief executive of Data Centres Australia Belinda Dennett

‘Don’t panic’: Data centres claim their power needs are overstated

Phantom demand is making the pipeline of data centre electricity connections look scarier than it is, industry says as it faces new rules to make it pay.

The Lion King’s pit orchestra has reduced from 17 to 11 since its last Australian run in 2013-14.

Musicians are disappearing from our big musicals

A software program is behind the shrinking size of pit orchestras in musicals such as The Lion King, even as state governments continue to subsidise the tours.

The super sector went into the Iran crisis with plenty of risks to chew over.

Why the super sector should be doubly worried about Iran

The superannuation sector hopes the Iran crisis is solved quickly so it can avoid the risk of a nasty bear market colliding with persistent operational issues.

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Shield makes AI-powered software to help run autonomous vehicles and hardware such as drones.

Shield AI nabs $2.9b, underscoring demand for defence stocks

The company said it plans to use some of the proceeds to acquire Aechelon Technology, which develops tactical simulation software.

As of Monday, “Ask Macy’s” is available across the company’s digital platforms, including its app.

Macy’s says users of new AI chatbot spend about 400pc more online

Customers who use “Ask Macy’s”, powered by the Google Gemini platform, have parted with around 4.75 times more money than those who did not.

Sukhinder Singh Cassidy says her job is to provide Xero’s customers with access to the most powerful AI models.

Xero inks Anthropic deal, insisting AI can help software giants

The ASX-listed accounting platform developer will embed Claude tools into its system, allowing users to automate tasks like chasing unpaid invoices.

This Month

Rio Tinto are sending clear signals about Tomago aluminium smelter’s commercial unviability as the net zero energy transition drives up electricity prices.

Canberra wants Tomago saved – just not all on its dime

Australia needs to avoid indulging in political slush funds dressed up as “industrial policy” and pivot towards a smarter, future-looking strategy.

Dean Ormston, chief executive of APRA AMCOS, whose overall royalty distributions were down 0.9 per cent in 2019-20 with worse to come.

Copyright holders are ready to do AI deals – under existing laws

A leading creative industry CEO representing songwriters and music publishers says current legislation is fit for purpose in the age of artificial intelligence.

Mark Zuckerberg and Donald Trump have each sought to nurture a connection.

Trump taps Zuckerberg, Andreessen and Huang for tech council

It’s the latest marker of the nexus between Silicon Valley and the Trump administration that will focus on AI policy and other science-related issues.

Melania Trump and robot Figure 03.

Robot joins Melania Trump at White House event to tout AI teachers

The humanoid robot, which introduced itself as “Figure 03”, joined the first lady to welcome first spouses from around the world to a technology summit.

Woolworths has tweaked its chatbot after users reported bizarre interactions about its mother.

Even priests and monks love them, but bots can make an unholy mess

CEOs aren’t the only leaders to join the seductive cult of AI, but businesses should remember they are responsible when bots go rogue.

Simon Davies of CBA, Airtree Ventures co-founder Daniel Petre and Blackbird Ventures’ Rick Baker are all figuring out where different software companies stand in the AI era.

Software was eating the world, then AI started eating software

The advent of vibe-coding platforms has battered software company valuations, but industry insiders insist the sector is being reborn rather than killed off.

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WiseTech Global, Atlassian and Block have all signed off on big redundancy rounds.

Sacking staff for AI is losing its stigma. What is our plan?

A sector long viewed as a future-proof career option has been the first to publicly blame the technology for big redundancy rounds.

Speedboats v cargo ships: AI engineers are shaking up consulting

Businesses are deploying highly specialised in-house techs to help extract value from their AI investments, bypassing the traditional approach.

Fortescue Metals chief executive Dino Otranto in the company’s Perth Hive.

Inside Fortescue’s AI ‘hive’ that could save the mining giant billions

The Andrew Forrest-chaired group has long had green ambitions. Many have not come off. This time, it is banking on automation to end a need for costly diesel.

Anthropic chief executive Dario Amodei will meet Treasurer Jim Chalmers and likely Prime Minister Anthony Albanese next week.

Anthropic boss Dario Amodei to meet Chalmers, Albanese in Canberra

The meetings are unlikely to resolve the impasse over key issues such as copyright reform which are standing in the way of the artificial intelligence giant building data centres here. 

The WA premier is urging gas giants to develop their unused fields off the state’s north-west.

Stand up to whinging gas giants

Readers’ letters on a controversial drawing in The Australian Financial Review, gas tax, replacing Jacinta Allan, and self-managed superannuation funds.