Being first can come at a cost: The case to go slow on AI is growing louder
This columnist recently had the good fortune of a visit to Greece. Wonderful country. Rich in history. Ethos,…
Firmus IPO collapse exposes cracks in AI valuation bubble
The spectacular failure of neocloud start-up Firmus, previously the darling of Australia’s AI scene, has exposed the “cracks”…
AI data centre companies expected to pay into new Tasmanian Community Benefit Fund
The Tasmanian government says data centre companies will be expected to pay into a new community fund designed…
Australia’s AI hopes take a hit as data centre provider Firmus float tanks
Australia may be good at innovation and invention (think wi-fi and over-the-horizon radar, along with a host of…
Firmus flop, Amazon ‘creativity’: GFC alarms should be ringing
Oliver Curtis, the co-CEO of AI infrastructure company Firmus and noted insider trader conspirator, has run off to…
Australia’s ‘AI darling’ Heidi Health set to strike compute-for-equity deal — Capital Brief
As businesses of all kinds grapple with soaring AI spending, one of Australia’s billion dollar tech companies is…
Tasmania’s EPA worried AI company Firmus plans to use generators much more than first disclosed
Tasmania’s environmental regulator is urging a tribunal to hear its concerns, after learning the operator of a recently…
How Firmus’s plans for the biggest IPO in three decades fell over
It was supposed to be the second-biggest stock float in Australian history. Sydney-based AI startup Firmus Technologies was…
Cybersecurity expert calls on Australia to make AI data centres fund energy grid investment rather than drain existing capacity
Australia’s data centre boom will put huge new demands on electricity and water. Done properly, that burden could…
Data centre operator Firmus pulls blockbuster ASX float after lacklustre demand
AI data centre company Firmus has withdrawn its application to list on the ASX, scrapping what was set…
Data centre company Firmus tries to save its mega share market float as interest underwhelms
It was touted as the biggest float since Telstra in the 1990s, but the share market float of…
Unions and academics want big tech to pay levy to build Australian-owned AI
Tech giants who want to build data centres in Australia would be slugged with a levy to help…