The ‘Warren Buffett of Japan’ just made a $9 billion bet
The so-called “Big Five” hyperscalers – Amazon, Alphabet, Meta, Microsoft and Oracle – will alone spend more than…
Superannuation funds plunge $143 billion into AI stocks including Nvidia, Microsoft, Tesla
The country’s biggest superannuation funds have invested more than $143 billion in retirement savings, or about 10 per…
Google says new cloud-based “Private AI Compute” is just as secure as local processing
NPUs can’t do it all, though. While Gemini Nano is getting more capable, it can’t compete with models…
$5 billion plan to transform campus into AI ‘living lab’ will develop 9300 homes over 30 years
La Trobe University has redrawn a $5 billion master plan to make its 255-hectare campus in Melbourne’s northern…
Google is introducing its own version of Apple’s private AI cloud compute
Google is rolling out a new cloud-based platform that lets users unlock advanced AI features on their devices…
Markets live: ASX to rise, Wall Street investors rotate out of Nvidia and AI tech stocks
Good morning and welcome to the ABC’s finance blog! I’ll be your guide for the next few hours.…
SoftBank unwinds Nvidia position to bankroll AI projects
Tokyo | SoftBank Group sold its entire stake in Nvidia for $US5.83 billion ($8.9 billion) to help bankroll…
Matthew McConaughey and Michael Caine sign voice deal with AI company | Artificial intelligence (AI)
Oscar-winning actors Matthew McConaughey and Michael Caine have both signed a deal with the AI audio company ElevenLabs.…
Scott Galloway warns of ‘nowhere to hide’ in markets if the OpenAI story unravels
Tech analyst and professor Scott Galloway has issued a stark warning regarding the highly inflated valuations of the…
Is your child’s school using generative AI? Here are 8 questions to ask
There have been at least three watershed moments in how humans access information. One came with the invention…
Kmart Group tests AI in its finance operations
Kmart Group intends to “tread carefully” with AI uses in corporate finance, so far using the technology to…
‘Big Short’ investor Michael Burry accuses AI hyperscalers of artificially boosting earnings
Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York…