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‘The new price of eggs.’ Data centres, power bills shift US voters

Across the US, Democrats have seized on rising anxiety over electricity costs and data centres in what could be a template for the 2026 midterm elections.

The label has already been used by chief executive Julie Sweet.

Accenture dubs its 800,000 staff ‘reinventors’ as it adapts to AI

The label has already been used by chief executive Julie Sweet and the New York-listed group is pushing to have the term adopted more widely.

Yesterday

Robin Khuda.

AirTrunk power knockback is Australia’s AI warning shot

Data centres are 10 times bigger and more power hungry than they used to be and our ageing energy infrastructure cannot keep up.

November

Officework’s most popular products during the Black Friday sales are AI-powered laptops.

Chatbots help drive record Black Friday sales

Shoppers are using chatbots more than ever to find Black Friday deals, with AI-powered gadgets and household items at the top of their shopping lists.

For the first time since August 2005, a majority of fund managers say companies are overinvesting, driven by concerns over the magnitude and financing of the AI capex boom.

The AI arms race may be hiding an inflationary shock

Although many assume that the artificial intelligence capex boom will herald deflation, it could precipitate higher price rises in the medium term.

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Belinda Dennett chief executive of Data Centres Australia.

Tech giants plan blitz on laws that could block AI investment

Tech giants including Microsoft and Amazon will push for reforms to accelerate billions in AI investment as data centre spending spikes in Australia.

Meta chief executive Mark Zuckerberg has become a bond salesman.

From Meta to Microsoft, tech giants are eyeing Australia’s bond market

To finance the AI gold rush, the most profitable companies in history are assessing the nation’s pool of fixed income capital.

Morrison & Co CEO Paul Newfield.

Australia can be an AI superpower – but only if we have cheap energy

If we are to become a serious global player in AI and host the biggest and most power-hungry data centres, we need a lot more power – and quickly.

Yet the short-lived market rally turned into a sell-off amid justified investor jitters about the bubbly ‘circularity’ of the AI boom.

Expect AI unknowns to continue the market’s wild ride

When so much money is chasing so much unproven value, investors will need to strap in and be prepared for what is likely to bring further turbulence in 2026.

Disney+ president Alisa Bowen.

The Australian running Disney+ is ready to talk about it

Once a PR staffer, Alisa Bowen now oversees one of the world’s biggest streaming platforms. In a rare interview, she outlines her vision for its future.

Ed Craven at the Collins Street office Easygo will vacate next year for the ‘Silicon Yarra’ suburb of Cremorne.

Ed Craven’s Easygo to quit Collins St for larger ‘Silicon Yarra’ digs

The billionaire’s crypto casino business and other companies are taking enough space for a 76 per cent increase in staff.

Cloud computing is at an inflection point because of the use of artificial intelligence, the scale of demand for cloud services caused by the internet of things, and the explosion in data analytics.

The smart money has finally found a way to actually short the AI boom

So far, most attempts at betting against artificial intelligence have backfired as Silicon Valley giants have sucked up capital and driven markets higher.

BHV Shein

Australia should stand against global fast fake fashion

What is emerging is a high-volume, high-velocity system that redefines clothing as something designed to be discarded rather than worn.

Sebastian Siemiatkowski

‘I’m nervous’: Major AI backer warns against trillion-dollar spending

Klarna chief and OpenAI investor Sebastian Siemiatkowski says the technology industry is committing too much money to building huge computing infrastructure.

Amazon is the world’s largest seller of rented computing, which is critical to powering artificial-intelligence systems.

Amazon seeks $18b from first US bond sale in three years

The company is selling investment-grade bonds in as many as six parts, amid an industry-wide race to build artificial intelligence infrastructure.

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Amazon, Temu and Shein will seize more than a third of Australia’s online retail market by next year.

Amazon, Temu, Shein to control a third of online retail by next year

The three giants are forecast to control 36 per cent of Australia’s online retail market, forcing local retailers to pivot.

Coca-Cola’s new Christmas advert is again made by artificial intelligence.

‘Sloppy eyesore’: Are AI ads about to ruin Christmas?

Artificial intelligence can now provide the same commercial outcomes as carefully crafted human storytelling – and not everyone’s happy.

The past few decades have already seen a significant radicalisation of the educated class. Zohran Mamdani’s election as mayor of New York City is another reminder.

AI is waging war on white-collar jobs. It won’t end well

What was once a haven is increasingly looking like a house of cards.

The big tech stocks in the US are mainly consumer-facing.

Why is the ACCC backing off Big Tech crackdown?

AI increases the urgency of proper regulation. So why did the government defund and disband the competition watchdog’s world-leading team of digital markets experts?

Netflix is screening True Spirit, a biopic about Australian teen sailor Jessica Watson.

Netflix hit with $100m local content quota under new laws

New laws will require streaming platforms to spend set amounts on Australian-made programs.

Original URL: https://www.afr.com/company/amazoncom-5ub