Markets

If Australia wants to compete in AI, it needs more computing power — but securing it is unnecessarily hard, warns IREN founder Daniel Roberts.

The arrival of Chemist Warehouse on the ASX via a merger with Sigma Healthcare is both the end of a long journey for its founders and the start of a major expansion plan.

The essential service provider at the heart of the Australian sharemarket blindsided brokers, and even the ASX itself, with its latest cost-saving move.

CEO Matt Comyn told Capital Brief the dominant lender still has plenty of room for improvement. And he plans to stick around to make it happen.