Yesterday
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’ 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.
‘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.
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.
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.
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.
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.
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
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.
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.
Labor backs above-inflation minimum wage rise; Frustration within government over fuel; Markets ignore energy shock
Read everything that’s happened in the news so far today.
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.
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.
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.
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.
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.
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 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.
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.