As investors mull whether to value the US giant in the trillions, a local rival called Trellis Data says it has built a competitive model for relative peanuts.

#australia #anthropic #trellis

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Stop picking winners with capital gains tax

Technology

3d ago

Stop picking winners with capital gains tax

A flat 40 per cent discount on non-property assets is far better for investment, risk-taking and productivity than indexation plus the Innovative Business CGT concession.

#innovative

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Trump’s cabinet secretaries clash over Nvidia spy scandal company

Technology

3d ago

Trump’s cabinet secretaries clash over Nvidia spy scandal company

Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick about why the administration had not put restrictions on chip sales to Megaspeed.

#trump #nvidia #commerce

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Technology

3d ago

Olivia Shen

The Nvidia boss has been something of a “Trump-whisperer” on US export controls, advocating to sell chips to China to keep it hooked on the US tech stack.

#trump #olivia-shen #nvidia

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Tony Abbott sent to campaign in Liberals’ Toorak heartland

Technology

3d ago

Tony Abbott sent to campaign in Liberals’ Toorak heartland

With Jess Wilson criss-crossing Victoria in her bid to become premier, the former PM has been called on to pick up the slack in her home electorate.

#tony-abbott #liberals #toorak

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ASX to fall; Nasdaq rallies; Anthropic IPO oversubscribed

Technology

3d ago

ASX to fall; Nasdaq rallies; Anthropic IPO oversubscribed

CoreWeave jumps 26 per cent after earnings; Nvidia rebounds; oil gains. Follow live updates.

#asx #ipo #nasdaq

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Plastic cutlery, Santa and flat-white fury: inside COP31

Technology

3d ago

Plastic cutlery, Santa and flat-white fury: inside COP31

Welcome to the annual United Nations climate summit, where the lanyard class gather to discuss one of the world’s most serious problems against an often unserious backdrop.

#united-nations #santa #p31

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Labor’s AI best practice urges business to ‘share the benefits’

Technology

3d ago

Labor’s AI best practice urges business to ‘share the benefits’

The Albanese government has recommended consulting workers before deciding to adopt AI as part of the country’s first best practice guide for AI in the workplace.

#albanese

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AI, spies and $12 coffee: A dispatch from the San Francisco bubble

Technology

3d ago

AI, spies and $12 coffee: A dispatch from the San Francisco bubble

Flush with cash and unfazed by spy scandals, Silicon Valley’s AI elite are chasing superintelligence that’s making even them a little nervous.

#san-francisco

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Cowin insists Domino’s reset on track amid franchisee stand-off

Technology

3d ago

Cowin insists Domino’s reset on track amid franchisee stand-off

Domino’s is showing signs of recovery after its discounting reset, but same-store sales still declined 4.6 per cent for the financial year to date.

#cowin #domino

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Andrew Charlton meets Labor’s main antagonist

Technology

3d ago

Andrew Charlton meets Labor’s main antagonist

Comedian Dave Hughes has become the internet’s loud, angry voice of criticism against Labor governments everywhere.

#labor #dave #hughes

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Sanjeev Gupta’s Infrabuild secures $375m in debt after legal win

Technology

3d ago

Sanjeev Gupta’s Infrabuild secures $375m in debt after legal win

Progress on the raising comes as Gupta’s languishing empire GFG Alliance on Tuesday struck a deal that would allow him to retain control of Infrabuild.

#sanjeev-gupta #infrabuild

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