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‘Brutal session’ for chip stocks shows AI trade is now turning

A selloff in AI supplier shares is the strongest sign to date that the mood on the trade of the decade is shifting, with worries rising interest rates could scupper a spending spree...

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$31m boost for robots to speed up solar farm builds

Australia's renewable energy agency is investing $31.1 million into robotics manufacturing facilities to speed up solar farm construction using technology already that works under...

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Inquiry urges sovereign AI industry policy backed by procurement

Frontier AI developers should open their models to independent testing, report incidents and give security agencies early access, a parliamentary inquiry has told the federal...

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Hackers heat French supermarket fridges, spoiling food

Hackers raised the temperature of refrigerators and freezers at hundreds of French supermarkets to as high as 50 degrees celsius  overnight, causing fires and spoiling food. The...

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Milk faces more regulation than AI, Microsoft president says

Artificial Intelligence needs urgent global regulation with independent evaluators able to vet new developments, the president of Microsoft said, warning that AI currently faces fewer...

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Startup funding hits record, even as founders look offshore

A massive raise by AI infrastructure company Firmus propelled Australian startup funding to its largest ever quarter, with $4.2 billion raised in total across 78 venture deals and 14...

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Adobe’s $92m myGov deal extended as agency weighs next move

Adobe will pocket another $13.2 million to keep myGov humming for nine more months while Services Australia decides whether to stick with the software for the government digital...

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Submissions open for Husic-led tech and productivity inquiry

The parliament’s powerful standing committee on economics on Monday published guidelines for submissions for its inquiry into the use of technology to improve Australia’s...

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Vic Liberals pledge $222m for 10 technical colleges

The Victorian Coalition has unveiled a $222 million plan for ten technical colleges that would be modelled on a South Australian vocational training program if elected in...