This Month
SoftBank to invest $721m in OpenAI
The move is part of a funding round that would value the artificial intelligence start-up at an eye-watering $US150 billion.
- Seth Fiegerman
September
US climate change targets threatened by tech energy surge from AI
The latest assessment puts the US trajectory even further from its national target to cut its emissions by 50-52 per cent by 2030 from 2005 levels.
- Amanda Chu, Jamie Smyth and Aime Williams
Fast-growing OpenAI is burning through truck loads of cash
As the company looks for more outside investors, documents reveal consumer fascination with ChatGPT and a serious need for more money.
- Mike Isaac and Erin Griffith
How CrowdStrike’s outage became Australia’s big cyberattack rehearsal
Qantas chairman John Mullen got the “blue screen of death” while Telstra’s cyber chief Narelle Devine was in the pool sipping cocktails when she got the call that something was seriously wrong.
- Tess Bennett and Paul Smith
Microsoft’s climate hypocrisy on AI
The tech giant has marketed AI technology to ExxonMobil and Chevron as a powerful tool for finding and developing new oil and gas reserves.
- Karen Hao
Amazon orders staff back to the office five days a week
The new rule appears to be the most stringent return-to-office decision among big tech companies and could be a harbinger of more to come.
- Karen Weise and Emma Goldberg
Investors have forgotten the lessons of the dotcom crash
MSCI’s head of research Ashley Lester has some thoughts on what many analysts have warned is the next bubble: the rapid rise in US tech valuations.
- Joshua Peach
- Opinion
- Chanticleer
What we missed in the AirTrunk frenzy
AirTrunk founder Robin Khuda is thinking bigger than his own company. He says the staggering growth prospects for data centres can change the Australian economy.
- James Thomson
Inside Project Amidala: AirTrunk’s $24b deal
Four years ago, Blackstone missed its chance to buy up the data centre giant. It wasn’t about to make the same mistake twice, even if it cost $24 billion.
- Anthony Macdonald
Could a kill switch help us control dangerous AI?
The government is calling for business responses to its plans to rein in the use of potentially dangerous forms of artificial intelligence.
- Tess Bennett
Inside the high-tech sheds worth $24b to AirTrunk
From a single room holding a hard-working mainframe, data centres have evolved into major pieces of high-powered, high-tech infrastructure.
- Campbell Kwan
AirTrunk’s $23.5b AI pay day
Blackstone emerged as the winning bidder in the year’s biggest merger and acquisition deal, netting its founder Robin Khuda a $1 billion-plus payday.
- Paul Smith and Anthony Macdonald
Scyne appoints Google executive as inaugural CEO
Public sector consulting firm Scyne has appointed senior Google executive John Ball as its inaugural chief executive.
- Edmund Tadros
- Opinion
- Investing
How Australia’s ‘magnificent 10’ contributed to returns over 20 years
How costly was failing to pick the ASX’s 10 top performers over the past two decades? Vanguard did the sums
- Carole Okigbo
Why ex-Google chief Eric Schmidt warns we may have to pull plug on AI
The former Google chief executive and chairman said Western democracies had to regain lost ground in industrial policy to counter China.
- Sam Buckingham-Jones
Farquhar’s Atlassian era passes without a grand farewell
Co-founders Scott Farquhar and Mike Cannon-Brookes spent their final day of as co-CEOs working from home. Venture capitalists say Farquhar’s influence goes beyond Atlassian.
- Tess Bennett
August
Star too big to fail; Harris’ GOP surprise; NAB bankers jump to CBA
Read everything that’s happened in the news so far today.
Apple, Nvidia in talks to invest in OpenAI valuing it at $147b
The technology giants would join a multibillion-dollar funding round alongside Microsoft and Thrive Capital that would value the start-up at $147 billion.
- Cade Metz, Michael J. de la Merced and Tripp Mickle
Google agreed to pay millions for California news. Journalists call it a bad deal
The agreement will direct tens of millions of dollars of public and private funds to keep local news organisations afloat.
- Updated
- Tran Nguyen
This ‘Bloomberg killer’, backed by Microsoft, might succeed
There are a number of so-called ‘Bloomberg killers’ already littering the financial technology graveyard. Can this one win over users?
- Michael Bow