The billionaire founder of online casino giant Stake.com is pouring millions of dollars into a new artificial intelligence venture with ambitions to become Australia’s answer to OpenAI, the company behind ChatGPT.
Ed Craven has made his fortune, estimated by the Financial Review Rich List at $4.8 billion, through the controversial gambling platform that uses cryptocurrencies for payment and is illegal for Australian punters.
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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
