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News
High school dropout’s company valued at $4.8 billion
58+ min ago (446+ words) August 4, 2026 — 7:01am A British start-up founded by a 25-year-old school dropout has been valued at £2.5 billion ($4.8 billion) as it develops new chips for the AI boom. Olix, led by James Dacombe, an entrepreneur, raised $US312 million ($445 million) from investors as it looks…...
It’s the new battleground for China v the US. But Beijing has one big advantage
3+ hour ago (1035+ words) August 4, 2026 — 5:00am Although we are in the very early days of the artificial intelligence world, the US and China are emerging as the dominant forces. This will be a continuation of their geopolitical contest by other means. We can assume that…...
‘We let you down’: The child prodigy at the centre of a $28 billion Wall Street fire sale
13+ hour, 50+ min ago (925+ words) August 3, 2026 — 6:10pm Last year, Leopold Aschenbrenner, a man barely of legal drinking age with a fondness for Rubik’s Cubes, crisscrossed the nation to raise money for his high-flying hedge fund. An ex-researcher at OpenAI, who departed there in a cloud of…...
News Corp attacks ‘gutted’ plan to make tech giants pay for news
16+ hour ago (754+ words) August 3, 2026 — 4:00pm Publishing giant News Corporation has attacked the federal government’s late changes to its plan to make tech giants pay for journalism, warning the revised design lets tech platforms off the hook just as the rules were meant to tighten....
China's big bet on robots and AI
19+ hour, 50+ min ago (50+ words) In Shenzhen, thousands of companies are jumping in on the robotics boom, creating intense competition and raising concerns about jobs. Updated August 3, 2026 — 12:10pm,first published 12:07pm...
Is AI better at travel advice than me? I put it to the test
1+ day, 3+ hour ago (298+ words) August 3, 2026 — 5:00am Depending on who you listen to, artificial intelligence (AI) is either the greatest threat to civilisation ever devised by dark minds or a powerful tool that helps us work faster and solve problems. The truth lies somewhere in between....
Dubai luxury comes to Collins Street: High-end valet parking service launches
1+ day, 15+ hour ago (730+ words) August 2, 2026 — 4:42pm Collins Street shoppers will soon be able to pull up to a car space and toss their keys to a waiting valet, who will park their car in an off-street car park. Traders claim the valet parking scheme, launching…...
I love eavesdropping but there are things I shouldn’t have to hear in public
2+ day, 3+ hour ago (946+ words) August 2, 2026 — 5:00am Last week, I found myself sitting between two groups of French people who didn’t know each other. Their melodic dialect swayed as if we were sitting on the banks of the Seine. In reality, we were at Abbotsford Convent....
AI v the benefits of doing the hard grind yourself
3+ day, 12+ hour ago (542+ words) July 31, 2026 — 8:00pm The rise in job insecurityWith the arrival of artificial intelligence, white-collar employees will soon be changing their jobs with the same frequency most of us change our underwear. Job security will become next to non-existent in so many professional…...
Did AI really ‘go rogue’? Not exactly, but we have plenty to fear
4+ day, 16+ hour ago (1020+ words) July 30, 2026 — 3:30pm It’s an ancient fear. It goes back thousands of years. You find it in the story of Prometheus in ancient Greek mythology. And in stories like that of Surtr in Norse mythology. What if our inventions and discoveries get…...