Tag: AI

Atlassian bets on AI browsers with $610  million deal

Posted on   |  by Akash Sriram
Atlassian said on Thursday it will acquire New York-based startup The Browser Company for US$610 million in cash, moving into the fast‑crowding market for AI‑driven browsers. Shares of the...

RBA exploring how AI can affect economy, governor says

Posted on   |  by Stella Qiu
Australia’s central bank is exploring how emerging technologies like artificial intelligence could influence the economy, with possible implications for inflation and the labour market, its governor said on Wednesday....

NSW government sets up centralised AI office

Posted on   |  by Justin Hendry
The NSW government has set up a centralised Office for Artificial Intelligence to provide advice and set robust standards to drive uptake of the technology across the state’s public...

Almost every enterprise gen AI project is failing: report

Posted on   |  by Joseph Brookes
US researchers that analysed hundreds of enterprise level generative AI tools found only one in 20 actually delivered significant value, despite big businesses pouring more than $60 billion into...

OpenAI to open first Australian outpost

Posted on   |  by Justin Hendry
ChatGPT-maker OpenAI will open its first Australian office in Sydney before the year is out, in a move the artificial intelligence giant says reflects the country’s rapidly growing user...

ResetData spins up its first sovereign ‘AI factory’

Posted on   |  by Justin Hendry
An AI supercomputer more powerful than Australia’s leading research compute clusters has come online, offering a new platform for businesses and governments to access sovereign AI compute infrastructure. ResetData...

News Wrap: All quiet on the mandatory guardrail front

Posted on   |  by James Riley
It has been strangely quiet at Parliament House in Canberra this week, considering a national economic summit was being hosted by Treasurer Jim Chalmers. All the action was taking...

Chalmers agrees to ‘make AI a national priority’

Posted on   |  by Joseph Brookes
Dedicated industry and government plans to harness artificial intelligence will be developed with urgency after the Albanese government and stakeholders agreed to elevate the frontier technology to a “national...