Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
  • Advertisement

    AI

    Today

    Kirsty Burrows is head of the sports safety unit at the International Olympics Committee. She says the terrible impact of online violence is now being aggrssively tackled with prosecutions.

    Olympics’ online trolls get taken down by AI

    Athletes have previously had to turn off their phones to avoid online abuse – this year artificial intelligence is helping to keep trolls at bay.

    • Paul Smith
    Fed chairman Jerome Powell won’t be swayed by markets or the US election.

    The Fed will not let markets dictate a rate cut

    The US central bank reacts to the sharemarket only when volatility threatens financial stability. For the moment, there is no evidence that this is the case.

    • Barry Eichengreen

    Yesterday

    The Topix Index displayed inside the Kabuto One building in Tokyo, Japan, on Monday.

    Battered investors get a breather, but where to next?

    After a torrid night on Wall Street, it’s calmer on the ASX and positively giddy in Tokyo, giving investors a chance to consider their next move. 

    • James Thomson

    This Month

    Two of Jason Hosking’s co-founders have departed after a wave of cost cuts.

    Blackbird, Tiger Global-backed start-up shares valued at zero

    Retail AI start-up Hivery has had to cut costs, staff and had two co-founders depart. Its biggest local investor has now written a stake down to $0.

    • Nick Bonyhady

    Centuria buys into Nvidia boom with office-friendly data play

    It has acquired a half stake in data centre operator ResetData for $21 million, to repurpose its underperforming offices and jump on the AI bandwagon.

    • Campbell Kwan
    Advertisement

    It’s the battery life, stupid: Why we love Lenovo’s new laptop

    Microsoft’s Copilot+ PCs are supposed to be all about the new AI features. But until Recall arrives, all we care about is their fabulous battery life.

    • John Davidson
    Luke Anear, founder and CEO of SafetyCulture says

    This Aussie unicorn is paying millions for a chief AI officer. Should you?

    SafetyCulture is on the hunt for its first AI boss as companies scramble to find executives to help unlock billions of value from the hot technology.

    • Tess Bennett
    Sam Kroonenburg shares his story on the How I Made It podcast.

    The one thing this Rich Lister says every founder needs to remember

    Sam Kroonenburg built a company from his bedroom, with him and his brother Ryan both making about $500 million. But Sam, 40, is doing what he can to avoid the trappings of wealth.

    • Julie-anne Sprague
    AirTrunk founder Robin Khuda has two bidders in the bag for the $20 billion-plus data centre business.

    Abu Dhabi fund flies into IFM consortium at AirTrunk’s $20b sale

    The most recent numbers in front of bidders show AirTrunk has punched through $1 billion in contracted EBITDA.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Wall Street is now starting to panic about a recession it is not postioned for.

    Why recession panic is gripping the markets

    Global markets are being lashed by a perfect storm of recession fears, volatility and AI scepticism. But there’s a key reason it threatens to turn into panic. 

    • Updated
    • James Thomson

    Why this earnings season is the end of an era for Apple

    The AI era is upon Apple, and all of its tech peers, and the stories it tells its investors and customers about its products are about to change forever.

    • John Davidson
    AI hype is mounting with some real-world problems.

    AI hype just collided with recession fears

    Investors were already worried about how artificial intelligence investment will turn into profits. That’s being compounded by fears of a broader economic slowdown.

    • James Thomson
    The symbol for Intel appears on a screen at the Nasdaq MarketSite, on October 1, 2019 in New York. Intel Corp. Intel reports earnings on Thursday, August 1, 2024.

    Intel plans 15,000 job cuts after AI fumble

    The US chipmaker said it will also reduce capital spending as its turnaround strategy hits another setback.

    • Ian King
    Amazon founder Jeff Bezos handed over the reins of the company in 2021 and his successor Andy Jassy has been spending heavily on AI services.

    Amazon shares drop as AI costs spook market

    Like Microsoft earnings earlier in the week, Amazon investors are ignoring profits, and starting to worry about whether big AI investments will ever be recouped.

    • Spencer Soper

    You can get iPhones much cheaper in China, but they still sell better here

    As the tech industry obsesses about new AI features, sales of iPhones are still the core of Apple’s earnings reports.

    • Max A. Cherney and Aditya Soni
    Advertisement

    San Francisco to ban rent-setting software amid gouging worry

    The ban opens a new front in a long-running controversy over the role of software in setting rents as an affordability crisis worsens in many American cities.

    • Rya Jetha
    Mark Zuckerberg has forecast his company’s AI assistant will soon be used by more people than any other.

    The AI delusion says ‘we’re all going to get rich quick’

    That sum is the staggering gap between what tech companies are making from selling artificial intelligence and the likely costs of running it.

    • Nick Bonyhady

    July

    The top skills leaders need to succeed this decade

    Knowing how to get the most out of hybrid working and generative AI are among the skills that leaders need today. The future will call for much more.

    • Euan Black
    Satya Nadella says AI demand is outstripping capacity.

    Microsoft’s $334b sell-off is a sign of healthy AI doubts

    Microsoft smashed analysts’ forecasts in the June quarter, but it still wasn’t enough to please a market that has bet too heavily on the AI revolution. 

    • James Thomson
    Satya Nadella, chief executive officer of Microsoft.

    Microsoft reports slower Azure cloud growth; shares drop

    Microsoft’s main growth engine in recent years, its Azure cloud-computing service, expanded revenue by 29 per cent against expectations of 31 per cent.

    • Dina Bass and Brody Ford