Artificial intelligence company Anthropic has recorded extraordinary revenue growth, with preliminary second-quarter sales exceeding US$11.5 billion, as demand for its Claude AI products accelerates among businesses and professional users. Business Operations Documents shown to …
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Canva Races to Reinvent Itself for the AI Era Australian technology giant Canva is quietly experimenting with a fundamental transformation of its business as generative artificial intelligence threatens to disrupt the very …
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Zuckerberg Defends Massive AI Investment as Meta Faces Investor Pressure
by News Deskby News DeskMeta CEO Mark Zuckerberg has defended the company’s aggressive artificial intelligence strategy after investors raised concerns over rising costs and slower-than-expected financial returns from its AI investments. The social media …
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PwC Reports Face Scrutiny Over AI-Generated Errors and Fake Citations
by News Deskby News DeskGlobal consulting giant PwC has come under scrutiny after several of its “thought leadership” reports were found to contain AI-generated inaccuracies, including questionable references, incorrect citations and claims that could …
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EU Puts Meta on Notice Over ‘Addictive’ Facebook and Instagram Features
by News Deskby News DeskThe European Union has warned Meta Platforms that it may be breaching digital regulations by using social media features that encourage excessive and compulsive use on Facebook and Instagram. European …
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Origin Energy Data Breach Hits 900,000 Customers in Major Cyber Incident
by News Deskby News DeskEnergy giant Origin Energy has confirmed that around 900,000 current and former customers were affected by a major data breach, following an initial review into a cybersecurity incident that exposed …
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Air Trunk Warns Data Centers Cannot Be a “Blank Cheque” for Renewables
by News Deskby News DeskAustralia’s booming data centre industry has pushed back against calls for operators to fully fund new renewable energy infrastructure, warning that artificial intelligence growth should not become a way to …
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New standards for artificial intelligence infrastructure are expected to give investors greater confidence in the future of clean energy projects, as governments and businesses respond to the rapidly growing electricity …
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The rapid increase in the cost of AI tokens — the computing units used by artificial intelligence systems to process information — could reshape the future of work and potentially …
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Global investors are increasingly focused on Nvidia’s next move, with analysts warning that any major disappointment from the artificial intelligence chip giant could trigger a sharp correction across equity markets. …
