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OpenAI closes $64bn funding round to boost AI efforts

OpenAI said on Monday it would raise US$40 billion (A$64 billion) in a new funding round led by SoftBank Group at a US$300 billion valuation to advance AI research,...

CommBank heads offshore in search of AI leadership

27 March 2025 | by David McClure

The Commonwealth Bank is heading offshore to get closer to the world leading technology developments – particularly in artificial intelligence – unveiling plans for a dedicated tech hub in...

‘Kind of useless’: CSIRO on Microsoft AI and the ‘productivity paradox’

26 March 2025 | by Joseph Brookes

A CSIRO trial of Microsoft’s artificial intelligence tool revealed it can save time by automating low level activities, but its difficulties in more complex tasks and missing domain knowledge...

A Budget with ‘no clear ambition’ on AI: Industry reactions

26 March 2025 | by Justin Hendry

Australia’s tech sector has reacted with disappointment to Treasurer Jim Chalmers’ fourth Budget, saying with the absence of significant new investment in artificial intelligence and the digital economy, the...

Husic’s AI regulatory plans upended by freewheeling Trump

21 March 2025 | by James Riley

The federal government has hit pause on plans to regulate AI through the imposition of mandatory guardrails, upended by a fast moving and freewheeling Trump administration that is headed...

Govt knocked back AI plan before last year’s Budget

20 March 2025 | by Justin Hendry

A proposed AI investment plan put forward ahead of last year’s federal Budget was knocked back by the government at a time when other developed nations were ramping up...

Manus AI partners with tech giant Alibaba’s Qwen team

12 March 2025 | by Eduardo Baptista, Gu Li and Brenda Goh

China’s Manus AI has announced a strategic partnership with the team behind tech giant Alibaba’s Qwen AI models, a move that could bolster the artificial intelligence startup’s roll-out of...

If Europe builds data gigafactories, will an AI industry come?

12 March 2025 | by Toby Sterling

The European Commission is raising US$20 billion to construct four ‘AI gigafactories’ as part of Europe’s strategy to catch up with the US and China on artificial intelligence, but...

Spain to impose massive fines for not labelling AI-generated content

12 March 2025 | by David Latona

Spain’s government has approved a bill imposing massive fines on companies that use content generated by artificial intelligence (AI) without properly labelling it as such, in a bid to...

AIIA calls for streamlined approvals for data centres and renewables

12 March 2025 | by James Riley

With $26 billion expected to be invested in data centres and other AI infrastructure by 2030, the Australian Information Industry Association (AIIA) has called for a Digital Economy minister...

Tag: artificial intelligence

OpenAI closes $64bn funding round to boost AI efforts

CommBank heads offshore in search of AI leadership

‘Kind of useless’: CSIRO on Microsoft AI and the ‘productivity paradox’

A Budget with ‘no clear ambition’ on AI: Industry reactions

Husic’s AI regulatory plans upended by freewheeling Trump

Govt knocked back AI plan before last year’s Budget

Manus AI partners with tech giant Alibaba’s Qwen team

If Europe builds data gigafactories, will an AI industry come?

Spain to impose massive fines for not labelling AI-generated content

AIIA calls for streamlined approvals for data centres and renewables

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Tag: artificial intelligence