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The AI rollercoaster ride is continuing on Wall Street.

ASX falls as Iran tensions escalate; Energy stocks rise, Southern Cross slumps

The Australian sharemarket declined on Thursday as fresh US strikes on Iran cast doubt on the chances of a deal to reopen the Strait of Hormuz.

  • Staff writers

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Increasing distrust for the OpenAI brand.

The brands that Australians are now hating on, and why

Artificial intelligence businesses and other technology giants have ranked poorly in a new survey of the brands that Australians trust most and least.

  • Elizabeth Knight
Premier Jacinta Allan with NextDC chief executive Craig Scroggie in one of the company’s Melbourne data centres last year.

From corporate boxes to tech billionaires: Inside the Allan government’s data centre courtship

Whether it be schmoozing tech giants at the Australian Open or private meetings with leading AI figures, the state government has intensified its bid to attract global data centre players.

  • Daniella White
Wall Street bounced back on Wednesday, ending its three-day losing streak.

ASX surges after Wall Street rebounds; Unemployment increases, easing rate rise bets

The Australian sharemarket bounced back from its seven-week low, as pressure from the bond market eased and traders dialled back their expectations for further interest rate increases by the RBA.

  • Staff writers
Earlier this month, Elon Musk’s SpaceX acquired his AI group, xAI, which gave the combined entity a valuation of $1.75 trillion.

Dreaming big: Elon Musk’s $2.5 trillion vision is about to become reality

The prospectus for the sharemarket float of SpaceX has been filed. The mega IPO’s real value lies in the eyes and hopes of the beholders, and their faith in Elon Musk,

  • Stephen Bartholomeusz
Prime Minister Anthony Albanese with Japan’s new prime minister, Sanae Takaichi, at ASEAN.

We need to hedge against controlling China and messy US on AI: Hello Japan!

Japan’s new leader, now visiting Australia, is investing heavily in future technology. Australia needs to join her.

  • David Wroe
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Anthropic chief executive Dario Amodei.

This superintelligent AI is so powerful, even its creators are afraid of what it’s capable of

If Anthropic’s new AI tool falls into the hands of bad actors, they could hack pretty much every major software system in the world. And so could your kids.

  • Thomas L. Friedman
Atlassian’s billionaire co-founder, Scott Farquhar.

For every $100 in data centres, $80 leaves Australia almost immediately

Data centres are the infrastructure boom of the decade. But how much of the investment actually stays in the country?

  • David Swan
For a custom computer build, RAM is now typically the second most expensive component. But the impact goes far beyond DIY gamers.

Why the prices of laptops, phones and game consoles keep rising

The AI tax is making memory more expensive, and it doesn’t show any signs of letting up.

  • Tim Biggs
Has Donald Trump just helped China get ahead in the AI race?

Trump is the wildcard that could blow up AI

The ultimate fate of the technology that promises to transform the world looks to be in the hands of an erratic president.

  • Stephen Bartholomeusz