Markets today: Oil prices slide, AI stocks weigh on Wall Street, ASX set to rise
Stan Choe Updated June 5, 2026 — 6:48am,first published 5:16am Save You have reached your maximum number of…
AI risks deepening divide between investors and workers
The divide between people who earn income from investments and those who work for a living could be…
European Commission raises ‘Kill Switch’ fears to make 27 countries across Europe to junk American and Chinese technology
Representative Image (AP Photo/Virginia Mayo) The European Commission has proposed a sweeping new set of regulations, approved by…
Scott Farquhar AI copyright licensing claims slammed by Australian music industry organisations ARIA and APRA AMCOS
The music industry has slammed Scott Farquhar for saying there’s no way AI models could be trained in…
Michele Bullock says AI boom forced Reserve Bank to reverse interest rate cuts
Reserve Bank of Australia governor Michele Bullock has declared artificial intelligence is supercharging the world economy and is…
BHP turns to AI to unlock more copper
BHP is utilising artificial intelligence (AI) and advanced computing to speed up the search for new ways to extract copper…
Defence says Palantir is “sandboxed” in its environment
Australia’s Department of Defence is using Palantir’s Maven smart system in a sandboxed environment and without its AI…
Why companies are quietly pulling back on AI spending
Something strange is happening on the cutting edge of Artificial Intelligence. A central premise of the AI revolution…
Sam Altman Says OpenAI’s Top Token Spender Burns 100 Billion a Month
OpenAI’s employees are spending tokens on tokens on tokens. And yet it’s someone outside the company who is…
UN report warns AI could soon use 3% of world’s electricity and more water than we need to drink
One argument often used to quell concerns about the rising energy and resource demand of data centres is…
Australia’s economy slows as households tighten their belts, while AI investment surges
Australia’s economy grew by 0.3% in the first three months of 2026, slowing from 0.9% growth at the…
Sydney Morning Herald takes down opinion piece about AI after author used AI to write it
The Sydney Morning Herald has taken down an opinion piece defending the use of artificial intelligence at universities,…