Today
Struggling bitcoin miners seek deals with AI companies
They now hope to benefit from a surge in demand for powerful but scarce chips which are used in both crypto mining and AI processing.
- 6 mins ago
- Nikou Asgari and Tim Bradshaw
- Opinion
- Chanticleer
Nvidia crash shows dark side of the Trump trade
Donald Trump’s comments on Taiwan added to a global sell-off in computer chipmakers. The episode has three big lessons for investors.
- Updated
- James Thomson
Microsoft may have just become Canva’s most dangerous rival
The world’s biggest software company has debuted an AI-powered design app, presenting Canva with a deep-pocketed rival.
- Tess Bennett
The Aussie funds that beat bitcoin and big tech
It was often savvy bets at the smaller end of the market that shot the top-performing fund managers to the top of the leader table in the last financial year.
- Updated
- Joshua Peach
This Month
AI ‘final nail in coffin’ of Australia’s creative sector
The group representing the nation’s creative workers says the technology could utterly devastate their already diminished earning power.
- Sam Buckingham-Jones
- Gadgets With John Davidson
- Life & Leisure
This foldable phone will make other people envy your selfies
Samsung’s Galaxy Flip6 won’t just take great self-portraits, it will help you get to Instagrammable locations, too.
- John Davidson
Short sellers target Aussie bitcoin miner Iren
Iren’s stunning share price rally has been derailed by a short seller’s report that said the bitcoin miner overstated its AI potential.
- Tess Bennett
AI predicts own supremacy, orders itself dozens of McNuggets
Former British prime minister Tony Blair’s think tank found AI could save a fifth of public servants’ time, but it turned the analysis over to OpenAI’s tools.
- Nick Bonyhady
Samsung workers strike ‘indefinitely’ in global chip risk
The union of 30,000 workers will go on strike in action that may snowball to trigger similar responses across a recovering tech and chip industry.
- Sohee Kim and Shinhye Kang
Microsoft, Apple walk away from OpenAI board
The ChatGPT maker plans a strategy to engage with its crucial partners as regulatory scrutiny of the sector increases.
- Camilla Hodgson and George Hammond
- Opinion
- Jobs
Go ahead, write your cover letter with ChatGPT
But where generative AI may be strongest is in helping applicants prepare for the job interview.
- Sarah Green Carmichael
Nvidia rival Groq’s $445m raise finds a local backer
Street Talk understands BFA Global Investors has nabbed a $14.8 million slice of Groq AI’s Series D US equity raise.
- Sarah Thompson, Kanika Sood and Emma Rapaport
The consultant telling business what not to do with AI
Data analytics expert Monica Ly says artificial intelligence should only be used to save on costs or generate revenue.
- Edmund Tadros
- Exclusive
- Start-ups
Mega VC deals are back - but new founders face a big problem
After an 18-month lull, funding is flowing back into start-ups, but in a two-speed sector, some are struggling to meet investors’ high expectations.
- Tess Bennett
Movie stars to narrate audiobooks from beyond the grave with AI
The estates of Judy Garland, James Dean, Sir Laurence Olivier and Burt Reynolds have sold the rights to their famous voices to be used by an AI gimmick reader app.
- Matthew Field
Time to buy into tech stocks has passed, says UniSuper
Soaring technology stocks helped increase the retirement savings of the fund’s customers last financial year, but it’s hitting the pause button on further investment.
- Hannah Wootton
Leaving war-torn Ukraine was hard, then this AI worker tried Australia
Tech skills have been in red-hot demand for a decade, but skilled migration has cooled as numerous companies have shed staff in the so-called tech funding winter.
- Tess Bennett
- Opinion
- Opinion
The bear case against Nvidia and artificial intelligence
The computer chip company will struggle to sustain its growth as interest in AI wanes.
- Parmy Olson
- Exclusive
- Funding
Ex-Atlassian insiders pull in millions for AI development start-up
Redactive has raised $11.5 million from local and US-based investors after convincing financial services clients to use it to help software engineers develop AI tools.
- Paul Smith
We’re not coming for your job, AI companies say
A report funded by the AI industry says artificial intelligence will create 200,000 jobs in Australia by 2030.
- John Davidson
