Filippo Ghirelli made a small fortune in Italy then bet on one of India’s largest refineries, making him a billionaire. Now he’s out to build an empire from airports to data centers.
Australia is running out of the human data that powers AI, and companies are already building systems to monetise the behavioural signals that remain. The risk is simple: institutions capture the value while consumers and the country miss out, writes Cam Partridge.
Stocks are soaring, gold is too, and risk looks cheap everywhere. These charts trace the signs of what could be the everything bubble taking shape.
Some back-of-napkin math suggests OpenAI is spending more than a quarter of what it’s making to power the AI slop factory.
OpenAI has gone wild with compute deals this year, committing to spend far more than its balance sheet can currently sustain. So who takes the fall if it can’t pay? It won’t be Altman.
OpenAI has agreed to purchase and deploy 6 gigawatt worth of AMD’s AI chips.
Atlassian, Canva, and CBA already have contracts with the Silicon Valley-headquartered tech disruptor. A new office opening in Sydney this year expands OpenAI’s reach in Australia.
Agentic AI is a ‘superpower’ according to Decidr. Its CEO says using it to reduce overhead, but not grow revenue, is a mistake.
In 2000, internet darling Cisco was the world’s most valuable company. Today it’s worth half as much. Buyer beware for AI juggernauts like Nvidia and Palantir.
The OpenAI CEO is challenging his former friend. Twitter, Tesla and even Neuralink are in his sights