The data centre unicorn’s claims about cooling tech, land and energy use have shifted fast. Bulls say its because AI is moving at warp speed, but others aren’t convinced.
Artificial intelligence
Legal AI startup Parachute wants to capture the market of small- to medium-sized law firms, which it says have been overlooked by global legal technology providers
Firmus is speeding towards the ASX with its AI infrastructure pitch, but market nerves are jangling over governance and its shifting strategy.
While big name money is backing Firmus, not everyone in the market is convinced by the story, with its co-founder’s colourful past and sustainability claims among the concerns.
CEO Sam Hupert argues the company continues to deliver a strong pipeline of contracts and is well placed to excel in the AI age.
The company behind Claude is wooing VCs and other figures in the ecosystem— but taking a markedly different approach in Australia to its rival OpenAI.
CBA boss Matt Comyn isn’t buying the AI doomsaying, arguing the tech is more likely to lift jobs and productivity than gut Australia’s white-collar sector.
Conversation-capture tool Contented is already being used by over 200 customers globally to speed up documentation.
The former Optus and Seven West Media executive is eyeing up to 20 investments in Australia and abroad.
Embedding AI into an organisation can lead to a 65% growth in revenue but only half of Australian companies have an AI plan.
AI dominated the Super Bowl as rivals traded shots. Behind the scenes, a Sydneysider is helping push OpenAI and Anthropic towards unified agentic AI standards.
The big banks are racing to prove their AI credentials, with each major stepping up investments as competition and pressure across the sector intensify.
From a skunkworks experiment inside Block to a 130-company coalition including OpenAI, Anthropic, Google, and Microsoft: how Sydney's Manik Surtani brokered a truce to keep agentic AI open.
The AI boom has become a global economic shockwave, toppling stock prices as Big Tech races to buy the compute power of tomorrow.
Mike Cannon-Brookes urged investors to focus on fundamentals. Robert Thomson said he is building a lawyer-infested moat. But is anyone listening?
The response to Maas Group’s billion dollar asset sale and data centre investment has been brutal, with the stock down 25% on the ASX. But one of its biggest backers says the pivot is the right move.
A fresh wave of AI-driven anxiety has hammered US software stocks and spilled onto the ASX, as local tech firms scramble to convince investors their AI strategies can deliver real returns.
The USD300 billion alternative asset manager has become one of the world's biggest players in AI infrastructure, but has also been at the centre of market bubble jitters.
Mastercard says authenticated agentic commerce is nearly ready for prime time in Australia. The question is how quickly retailers and consumers will adopt it.
As Big Tech rides the AI wave, Tesla’s pivot from cars to robots and energy demonstrates Elon Musk’s latest reinvention of his ever-evolving empire.
Microsoft, Meta and Tesla were the first of the 'Magnificent Seven' to report December quarter earnings. The market response was varied, but the underlying trend was clear.
