Innovation

The AI boom undoubtedly resembles the dot-com bubble but with a difference. Back then, most startups carried the risks, while now, giant AI pioneers are unlikely to go broke. Rather, investors will suffer.

Data61 – the data and digital arm of Australia’s national science agency CSIRO – had four scientists nominated for APAC Women in AI awards. These two took home top prizes.

The South Korean tech giant said it expects to rake in second quarter profits more than 15 times the size than it did the same time last year.

The acquisition at a time when Boeing faces major turmoil over safety issues plaguing its aircraft and potential federal criminal charges in the U.S.

The enviro-tech innovator’s patented enzymatic recycling technology allows industries to create an infinite life for plastics.

Anthropic’s Claude 3.5 Sonnet can compete with the best AI models out there and the company contrasts itself to rivals like OpenAI by pitching itself as a safety-first AI firm.

TikTok Shop has gained even more traction since the president signed a law that may ban the app. If it goes away, Chinese e-commerce giants Temu and Shein could win big.

Amazon is reportedly considering charging up to $10 a month for access to the new Alexa, which it plans to launch later this year.

A tech advisory firm study estimates that AI will create $280 billion in economic benefit by 2030. Google is tapping into the demand with a new AI-first accelerator for Australian entrepreneurs.

The buzzy chip firm’s CEO Jensen Huang isn’t the only one scoring big, thanks to Nvidia’s soaring shares.