Australia is primed to lead in the global AI economy, with a projected AUD $18.8 billion annual revenue by 2035. Microsoft and Mandala Partners' report reveals growth areas like AI applications, datacentres, and data services, along with strategic actions for innovation, sustainability, and workforce development. Could this be Australia’s moment to shine in the AI revolution?

Amazon has announced a significant $4 billion investment in AI startup Anthropic, doubling its stake and deepening their partnership in the generative AI arena. This strategic move leverages AWS’s advanced infrastructure to support Anthropic’s AI models, positioning Amazon against Microsoft in the competitive cloud computing market.

The IMF Statistical Forum highlights AI’s transformative yet uneven impact on global economies. Dive into key insights on labor markets, investment, and productivity, and explore regional disparities and sector-specific outcomes.

AMD is reshaping its future with a bold shift towards AI chip development, laying off 1,000 staff to allocate resources effectively. With ambitious plans like the MI325X and soaring data center growth, AMD is taking on industry giant Nvidia in the high-stakes AI chip market.

HMC Capital is making waves with its $400M acquisition of iseek, a leading co-location data centre platform. This move solidifies its DigiCo REIT portfolio and positions the company to rival Australia's data centre giants. Learn how HMC is driving innovation and growth in the digital infrastructure sector.

Chainlink's latest initiative merges AI, blockchain, and oracle technology to tackle complex data challenges in finance. By partnering with top FMI providers like Swift and Euroclear, Chainlink aims to create a unified, real-time source for corporate actions data, promising enhanced efficiency, transparency, and cost savings for financial institutions worldwide.

Meta CEO Mark Zuckerberg is doubling down on AI and futuristic tech investments, pushing the company to redefine itself beyond its core advertising business. While this ambitious strategy fuels growth, it comes with high financial stakes. Learn how Meta plans to balance bold innovation with sustaining its primary revenue drivers.

OpenAI has named Dr. Ronnie Chatterji as its first Chief Economist, tasked with investigating AI’s influence on economic growth and labour markets. Dr. Chatterji’s appointment underscores OpenAI’s commitment to making AI a driving force for innovation and prosperity.

TSMC is on track to report a 42% leap in Q3 profits, driven by a surge in AI chip demand. As the world’s leading semiconductor manufacturer, TSMC continues to expand globally while maintaining dominance in Taiwan’s chip industry, positioning itself as a key player in the booming AI revolution.

In the rapidly evolving landscape of business technology, digital twin technology and artificial intelligence are emerging as game-changers. From creating immersive virtual environments of iconic locations like Greater Western Sydney and the Great Barrier Reef to optimizing core business operations, these innovations promise significant advancements for companies worldwide.

In a move that has sent shockwaves through the tech industry, Google has reportedly invested a staggering $2.7 billion to bring back AI expert Noam Shazeer. This hefty sum underscores the fierce competition among tech giants to secure top-tier talent in the rapidly evolving field of artificial intelligence.

In the evolving landscape of education, generative AI tools like ChatGPT are becoming invaluable assets for teachers. Beyond simply creating lesson plans and quizzes, these technologies offer deeper insights into effective teaching methodologies, enabling educators to enhance their instructional strategies and better engage students.

In the rapidly evolving landscape of artificial intelligence, the idea of AI stepping into executive roles has moved from science fiction to a tangible possibility. A recent large-scale experiment has sparked intense discussions about whether generative AI can not only join the C-suite but potentially replace the CEO. Here's an in-depth look at the findings and their implications for the future of corporate leadership.

In today’s highly competitive job market, artificial intelligence is not just changing how we work — it’s revolutionizing the very process of finding employment. From optimizing resumes to preparing for interviews, AI tools are equipping job seekers with powerful advantages to secure their desired positions.

In the rapidly evolving landscape of artificial intelligence, the software industry is making a significant pivot. Leading tech giants like Microsoft, Salesforce, and Workday are shifting their focus from AI copilots to AI agents, signaling a new era in workplace automation. This strategic move aims to embed generative AI more deeply into daily business operations, promising enhanced productivity and streamlined workflows.

In recent discussions surrounding artificial intelligence, there has been significant concern about the technology's potential to replace jobs, particularly in the technology and service sectors. Some commentators even suggest that AI could eliminate the need for outsourcing altogether. However, this perspective overlooks the complex realities of the global economy and the evolving job landscape.

As remote jobs offering high pay continue to decline, professionals are turning toward freelancing. With the desire for flexible work schedules on the rise, workers are opting to create their own opportunities rather than be confined to office walls. This shift is empowering many to embrace freelancing or side hustles from home, giving them the freedom to craft their own financial success.

IKEA has taken a bold step in the development of ethical artificial intelligence by joining the Partnership on AI (PAI). This coalition aims to ensure AI advancements benefit society, aligning with human-centric values and societal needs. By joining, IKEA contributes to international conversations surrounding responsible AI development. As part of this collaboration, IKEA plans to share its expertise in digital ethics, responsible automation, and AI literacy initiatives. Parag Parekh, Chief Digital Officer for IKEA Retail (Ingka Group), emphasized that AI has the potential to enhance their mission of creating a better everyday life for people, while addressing societal challenges such as climate change and resource management.

Xiangdixian, often dubbed the "Nvidia of China", was a promising player in the GPU market, rapidly rising to fame and achieving a market valuation of 15 billion RMB. However, on August 30th, the company shocked the tech world by announcing its dissolution, leaving over 400 employees jobless overnight. What led to the downfall of this once-promising Chinese unicorn?

In a surprising turn of events at the recent World Robot Conference in Beijing, a startling revelation has sparked heated discussions across the internet. A company at the event showcased what appeared to be highly realistic female robots, only for attendees to later discover that these "robots" were actually real people, expertly posing as machines. This unexpected twist has left many questioning the ethics and intentions behind such a display.