Today
Nvidia’s results seen key to confirming AI demand, AI trade
The computer chip company’s quarterly results, set for release at 8.20am AEDT on Thursday, need to be great, but not absurdly so, to check rising AI wariness.
How agentic AI is reshaping shopping
As if e-commerce has not been disrupted retail enough, more big change looks to be on the way. But significant technical and trust challenges remain.
The skills needed to survive AI’s reshaping of financial services
Even if AI will struggle to replace the soft side of financial services, it is already having a profound impact.
RBA’s tokenisation efforts find uses in bonds, royalty contracts
Digital Finance Cooperative Research Centre CEO Talis Putnins says that, globally, it “feels like we are hitting a critical mass” in adopting the technology.
Yesterday
States to tighten rules on watching workers in age of WFH and AI
The Allan government has backed greater protections for workers against spying bosses as technology and work from home test the boundaries of employee privacy.
BDO and Ashurst chiefs go global, but grad places plummet
It’s contrasting tales of fortune at the top and bottom of Australian firms. Plus: EY cuts 90 positions while Grant Thornton adds 20+ new partners.
ANZ CEO warns staff; Epstein files to be released; Nvidia’s dilemma
Read everything that’s happened in the news so far today.
Ex-Macquarie banker’s start-up soars on Silicon Valley backing
This AI-driven tax advisory start-up has been valued at $150 million in its latest funding round, backed by Andreessen Horowitz and other venture giants.
Word of the year revealed … but do you know what it means?
“Parasocial” saw off competition such as “slop” and “memeify” in the Cambridge Dictionary list.
What if Nvidia’s results are too good? Get set for markets’ next test
It seems obvious that great quarterly numbers from the chipmaker will make investors happy. But there’s a chance its guidance could add to AI spending fears.
AI is almost the only trade that matters: BofA survey
Equities have hit a rough patch this month and if US rates are not cut in December, that could trigger a further correction, according to Bank of America.
This Month
TechOne punished as investors flee sector
Shares in the software developer slumped, despite a near one-fifth increase in profits over the last financial year, as the ASX suffered its second-biggest drop this year.
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.
AI is driving Ashurst’s mega-merger. Just not in the way you think
The threat to the legal sector from artificial intelligence is well known. But the CEOs behind this deal insist the technology is creating a big opportunity.
‘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 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.
How to ace the interview for an international MBA
Applying for a master’s degree overseas isn’t just about forms and essays – the interview is designed to stump you.
Jeff Bezos launches $9.5b AI start-up called Project Prometheus
The billionaire Amazon founder has waded into the increasingly crowded AI sector with a massively well-financed new start-up that he will also run as co-CEO.
AI’s hot stocks cool fast, but brokers keep blowing smoke
CoreWeave’s going up 70 per cent in the next year if you believe the big investment banks.
Fintech Eftsure growing amid fears of AI-boosted business scams
This American tech boss fell in love with Tim Tams and Vegemite. Now, he’s helping Australian fintech Eftsure go global.