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Machine translation is advancing fast enough that some think human translators will soon struggle for work - although the benefits of learning a different language will endure.

Translators tipped to be replaced by AI within three years

Machine translation is advancing rapidly, although interpreting meaning rather than just words and sentences remains a daunting task.

  • Updated
  • The Economist
Sam Altman.

Wall Street needs to prepare for an AI winter

Technology companies are struggling to conjure the great leaps in capability that had been expected, and more meaningful revenue may not come until 2026.

  • Dave Lee

This Month

Plenty of CEOs have been to the US to consider how AI could change their businesses this year.

How CEOs are using AI, from driverless forklifts to bird counts

Everyone’s doing it, but are they doing it properly? Here is a fascinating snapshot of what Australian companies are doing with artificial intelligence.

  • Anthony Macdonald and James Thomson
SoftBank Group CEO Masayoshi Son jokes with Donald Trump during a news conference.

SoftBank woos Trump with $157b investment

The president-elect said he is embraced by business executives as technology leaders and founders flock to Florida ahead of his second term.

  • Updated
  • Akayla Gardner and Hadriana Lowenkron
My prediction is that AI-washing will be a key focus for 2025 and beyond.

The age of AI has dawned – and so has ‘AI-washing’

Akin to “greenwashing”, this occurs when companies falsely claim their products or services use artificial intelligence, to appear more advanced than they are.

  • Sonia Haque-Vatcher
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David Di Pilla’s HMC Capital has been sold off worse than its new listing, DigiCo Infrastructure REIT.

Lapped up at $5, unloved at $4.30 – Di Pilla’s year-end IPO shocker

How do you turn on sentiment if nothing has changed and at a time of the year when institutions turn off the taps?

  • Anthony Macdonald
MinterEllison staff say using AI tools has helped saved them hours of work time each week.

MinterEllison sets target of 80pc using AI by March

The majority of lawyers and partners at the big six Australian law firm will be required to use the new technology in their daily work next year.

  • Edmund Tadros

10 curveballs for investors (and no, they’re not all bad)

The market is heading into 2025 with a spring in its step. But Deutsche Bank strategist Jim Reid sees risks to both the downside and the upside.

  • James Thomson

How Claude became tech insiders’ chatbot of choice

AI insiders are falling for Claude, a chatbot from Anthropic. Is it a passing fad, or a preview of artificial relationships to come?

  • Kevin Roose
Industry Minister Ed Husic.

Husic chases Australian edge in AI, industry says faster pace needed

Industry Minister Ed Husic will announce a National AI Capability Plan in Singapore on Monday where he is signing a memorandum of understanding on AI co-operation.

  • Ronald Mizen
From top: Seven Group’s Ryan Stokes, Woodside’s Meg O’Neill and Telstra’s Vicki Brady.

CEOs reveal their asks for the coming election

With a federal vote due by mid-May at the latest, Australian business leaders highlight what they think the government and opposition should focus on to win.

  • James Thomson and Anthony Macdonald
HMC Capital’s David Di Pilla is about to complete its fourth ASX float.

DigiCo float is a ‘ticket to the dance’ for Di Pilla

The biggest IPO of the year is all about capturing the momentum around the world’s biggest investing theme: artificial intelligence. DigiCo is now in the biggest game in town.

  • James Thomson

Exploration drillers tighten belts as boom fades

Spending on mineral exploration is sliding and inflationary pressures mean each dollar delivers fewer metres drilled. But AI and data analysis might save the day.

  • Peter Ker

With Canva as a client, this start-up just hit $100m thanks to Airtree

The Brisbane company has raised $22 million, and is now backed by Scott Farquhar and Kim Jackson’s Skip Capital along with Employment Hero founder Ben Thompson.

  • Updated
  • Tess Bennett
ByteDance is ploughing billions of dollars into AI infrastructure.

TikTok owner ByteDance takes early lead in race to capitalise on AI

The company has purchased enough cutting-edge Nvidia graphics processing units to build advanced AI models, according to numerous sources.

  • Eleanor Olcott
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Elon Musk

How to keep up with mainstream meme coin mania

The explosive rise of social media has already shifted the workings of politics and democracy. We are now seeing how it can move asset prices in digital assets.

  • Gillian Tett

Public sector to blame for Australia’s poor productivity

Australia’s economic story has become dominated by public rather than private activity as politicians spend crazy amounts of money to buy votes.

  • Christopher Joye
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Synagogue attacked; AusSuper’s $1 trillion woe; Murdoch Christmas bash

Read everything that’s happened in the news so far today.

Elon Musk in Washington DC, has increasing political power at the same time as his artificial intelligence company xAI is rapidly expanding.

Musk raises $9b for ‘anti-woke’ AI company

xAI’s funding round signals the battle with OpenAI and Anthropic is intensifying.

  • Paul Smith
With government officials out of the room, US and Chinese scientists are trying to agree on guardrails for AI development, similar to limits the US and Russia agreed on nuclear testing in the 1960s.

How the US and China are partnering (reluctantly) to save the world

Computer scientists from the two superpowers are defying political bickering, and working together to set global ground rules to keep artificial intelligence within human control.

  • Peter Guest

Original URL: https://www.afr.com/topic/artificial-intelligence-5ui