Anthropic’s revenue grew a massive 1380 per cent in just three months compared to a year ago, as it rode the wave of AI stocks fuelled by breakneck spending.

#ipo #anthropic

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Former Rio Tinto executive tapped for major Defence role

Technology

2w ago

Former Rio Tinto executive tapped for major Defence role

Rio Tinto’s former Australian operations boss Kellie Parker has been appointed to the role of National Armaments Director.

#rio #tinto #parker

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Spy chief warns legacy tech leaves business exposed to cyberattacks

Technology

2w ago

Spy chief warns legacy tech leaves business exposed to cyberattacks

Australian Signals Directorate boss Abigail Bradshaw says AI is supercharging cyberattacks on business and critical infrastructure.

#australia #spy #cyberattacks

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‘Closer to $1 than $11’: Why big super passed on the Firmus float

Technology

2w ago

‘Closer to $1 than $11’: Why big super passed on the Firmus float

Super chief investment officers have delivered their verdict on the aborted $44 billion Firmus float after interest from the sector was noticeably absent.

#closer #firmus

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David Jones is minutes from midnight as directors ponder solvency

Technology

2w ago

David Jones is minutes from midnight as directors ponder solvency

The department store’s primary lender, British special situations specialist Hilco Global, appears supportive for now, but financial pressure is growing.

#jones #hilco

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Craig Scroggie’s big fat bonus that never was

Technology

2w ago

Craig Scroggie’s big fat bonus that never was

NextDC’s attempt to tell shareholders “we hear you” involved the CEO forgoing a bonus that was never going to happen.

#craig-scroggie #bonus #nextdc

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Inside the biggest feud in artificial intelligence

Technology

2w ago

Inside the biggest feud in artificial intelligence

A new world has arrived. Dario Amodei and Sam Altman cannot stop fighting over it.

#artificial #intelligence #biggest

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Pratt empire doubles payday to almost $120m for owners and executives

Technology

2w ago

Pratt empire doubles payday to almost $120m for owners and executives

The Pratt family’s holding company, which includes packaging giant Visy, reported revenue of $4.67 billion last year, but losses grew to more than $200 million.

#pratt #consolidated #visy

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AI cyberattack on $4.8trn super system keeps regulator up at night

Technology

2w ago

AI cyberattack on $4.8trn super system keeps regulator up at night

Beyond market slumps and surging retirements, APRA warns fast-moving non-market risks can rapidly escalate into severe financial shocks.

#super #australia

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Technology

2w ago

Pilita Clark

Potential employees should not have to disclose their pay history or guess what salary is on offer when applying for jobs.

#pilita-clark #jobs #potential

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NextDC chairman to step down, Scroggie to lose bonus in M3 fallout

Technology

2w ago

NextDC chairman to step down, Scroggie to lose bonus in M3 fallout

Douglas Flynn will step down from the data centre developer’s board and the CEO’s bonuses will be scrapped after significant delays to a Melbourne project.

#scroggie #flynn #douglas

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Pro Medicus chief says contract wins show it’s future-fit for AI era

Technology

2w ago

Pro Medicus chief says contract wins show it’s future-fit for AI era

Sam Hupert said that hospitals are signing seven-year deals with his software company, defying fears that artificial intelligence will make it obsolete.

#pro-medicus #hupert

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