Business

As Prime Minister Anthony Albanese and Treasurer Jim Chalmers turn their attention to improving productivity growth across the economy, it will be interesting to see what the business community brings to a planned summit in August.... Read more

Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.... Read more

At a time of growing concern over the power of the world's mighty tech companies, one German state is turning its back on US giant Microsoft.... Read more

American AI giant Anthropic aims to boost the European tech ecosystem as it expands on the continent, product chief Mike Krieger told AFP Thursday at the Vivatech trade fair in Paris.... Read more

At just 39 years old, Fidji Simo is poised to become OpenAI's second-in-command after leaving her mark at two other major tech firms, including Meta.... Read more

Away from the heady rush to build ultra-capable, sci-fi style artificial intelligence in Silicon Valley, ambitious Nairobi-based startup Amini AI is betting on the technology addressing emerging countries' prosaic problems in the here and now.... Read more

The first EU-wide cryptocurrency regulation was meant to impose some harmony, but disparities in implementation by member countries has allowed companies to exploit a flaw in the system.... Read more

Google has offered buyouts to another swath of its workforce across several key divisions in a fresh round of cost cutting coming ahead of a court decision that could order a breakup of its internet empire. The Mountain View, California, company confirmed the streamlining that was reported by several news... Read more

Entertainment giants Disney and Universal filed a copyright infringement lawsuit Wednesday against AI company Midjourney, calling the image generator a "bottomless pit of plagiarism."... Read more

In recent years, artificial intelligence (AI) has taken center stage across various industries. From AI-generated art to chatbots in customer service, every sector is seemingly poised for disruption.... Read more

For years, Snap has envisioned a future where people wear glasses to view and interact with computer-generated images without having to scroll through their smartphones.... Read more

The Switch 2 has smashed records to become the fastest-selling console ever after gamers snapped up 3.5 million units in its first four days, Nintendo said Wednesday.... Read more

Apple on Monday remained on its cautious path to embracing generative AI even as rivals race ahead with the technology and Wall Street expresses doubts over its strategy.... Read more

The news is awash with stories about AI and the effects it can have on society—some news sites even have a dedicated tab for such stories. Though subjects vary, many stories raise the alarm about some potential negative impact or another. But researchers, including those from the University of Tokyo,... Read more

The European Union's industrial strategy, centered on Single Market Resilience, Strategic Autonomy, and Competitive Sustainability, is riddled with contradictions that risk exacerbating the very crises it seeks to address.... Read more