Author: Justin Hendry

ASIC calls for urgent action on frontier AI cyber risks

Posted on   |  by Scott Murdoch
Australia’s corporate regulator has urged the country’s financial sector to take urgent action on tackling potential cyber risks from frontier AI systems such as Anthropic’s Mythos. The Australian Securities...

Budget strips $800m in uni grants to fund new science programs

Posted on   |  by Justin Hendry
The Albanese government will scrap its flagship commercialisation program, Australia’s Economic Accelerator, and redirect more than $800 million in uncommitted funding to new science and research initiatives in next...

CSIRO plunges down patent rankings amid AI filing spree

Posted on   |  by Justin Hendry
Australia’s national science agency, the CSIRO, has slipped down the country’s patent rankings, falling out of the top five most active applicants amid a surge in filings from a...

EU reaches provisional deal on watered-down AI rules

Posted on   |  by Foo Yun Chee
EU countries and European Parliament lawmakers have agreed to watered-down landmark artificial intelligence rules, including delaying their implementation, in a move which critics say shows Europe caving to Big...

Canberra puts blended GovAI assistant to test in first trial

Posted on   |  by Justin Hendry
A cocktail of models from OpenAI, Anthropic and French AI startup Mistral are serving up answers to federal public servants through an early-stage trial of the Albanese government’s generative...

AI and the growing impact on foundational trust systems

Posted on   |  by Suzanne Prescott
Artificial intelligence may be arriving in organisations as a productivity tool, but it is quietly forcing a much bigger conversation underneath: whether the digital systems governments and enterprises rely...

ASIC slaps Canva with $792,000 fine for late reporting

Posted on   |  by Shivangi Lahiri and Byron Kaye
Australia’s corporate regulator has fined Canva, the country’s most valuable tech unicorn, $792,000 for failing to lodge financial reports on time for the 2024 financial year. Canva Pty, Canva...