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News
Where's AI headed? Media theorists from 60 years ago give us some clues from the TV revolution
1+ week, 4+ day ago (874+ words) Television was radically altering the media environment, and nobody was quite sure how to think about it. As the world struggles with the impact of another new high-tech medium – generative artificial intelligence (AI) – two thinkers from that era have acquired…...
Airwallex tips $1 million into 10 AI startups
1+ week, 6+ day ago (431+ words) Cofounder and CEO Jack Zhang announced the annual initiative – Latitude 37 is a reference to Melbourne, where Airwallex began -in April and received 100s of applications from local startups before a panel of VCs and company execs selected the top 10. Alongside the…...
Tasmanian council approves Firmus Bell Bay AI data centre despite community opposition
2+ week, 4+ day ago (373+ words) Firmus Technologies’ 288MW factory at Bell Bay on the island’s north was on Tuesday given planning approval by the local council. It comes as the federal government is soon expected to finalise rules on how data centres use energy, while South…...
Why I’m not betting on Ray Kurzweil’s predictions, but I’m sure as hell listening
2+ week, 5+ day ago (472+ words) How many jobs will go and how many will be created? Will the singularity arrive in 2030, beyond or never? What role will humans play once it does? Are we in an AI bubble or the early stages of the largest…...
Gotta be bonds: Australian investors wanted to tip $20 billion into Alphabet's $5.5bn debt raise
3+ week, 3+ day ago (254+ words) And locals couldn’t get enough of the US tech giant’s ‘Kangaroo’ bonds, which mature in 3, 5, 10 and 20 years, with the yield at 6.98% if you have two decades of patience, or 5.24% at 3 years. Astonishingly, orders were around 4x of the end borrowing at…...
'Aussie AI': assistant tech minister wants the data centre push to deliver higher up the 'value chain"
3+ week, 5+ day ago (610+ words) In a lecture to be delivered at the ANU Crawford School Tuesday titled “Why Australia Needs to Turn Compute into Sovereign AI”, Charlton argues Australia needs to leverage its data centre advantage and translate that into benefits and growth for…...