Revolut, a UK fintech last valued at US$75 billion ($104 billion), has been approved to operate banking services in Australia. It plans to spend “nearly” $400 million to win over the local market.
The Chinese startup called its AI model the “new frontier of intelligence.”
You might not be able to get in on the IPO, but you can still get the hoodie. With AI startups like OpenAI and Anthropic in private hands, people are paying $250 for used sweatshirts on eBay to cosplay proximity to Silicon Valley’s money machine.
Prime Minister Albanese was emphatic in today’s AI address that Australian writers, musicians, artists and journalists will retain copyright to their works. Here is how Anthropic and OpenAI responded.
“We should not treat AI as a threat to good jobs, we must use it as an instrument to create them,” Prime Minister Anthony Albanese said, pledging to legislate national AI standards – including copyright protections – by early 2027. A swaggering Anthony Albanese declared Australia the best place in the world to invest in […]
The AI companion will mark OpenAI’s first physical device.
Opinion: Australian startups turn modest venture capital funding into global companies more efficiently than anywhere on earth. The reasons are in the dirt and distance, argues partner at Side Stage Ventures, Elli Hanson
Copyright law has become the central flashpoint of Australia’s AI and data centre policy. Sharon AI chief executive James Manning says no changes are needed.
Anthropic extended access for Claude Fable 5 for subscribers for the second time in a week, an apparent response to the launch of OpenAI’s latest ChatGPT model—which the rival firm claims sets a “new standard”—following Fable’s turbulent debut overshadowed by its clash with the U.S. government.
Apple filed a lawsuit against OpenAI and two former employees for theft of trade secrets, alleging the AI company took Apple technology to further their own hardware development. Key Facts Key Background OpenAI has spent the last year expanding into consumer hardware, acquiring former Apple designer Jony Ive’s io Products for about $6.5 billion and […]