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AI

Yesterday

Goodman Group CEO Greg Goodman says the company is enmeshed in the AI ecosystem.

How Goodman Group’s data centre dream could be super-sized

The next generation of data centres will require even more land. That’s something Greg Goodman says his group can provide. 

  • James Thomson
Jon Gray says the investment themes of AI, energy and private credit are colliding.

Blackstone’s Jon Gray reveals ‘defining theme for the next decade’

The Wall Street titan says three megatrends that have driven Blackstone to $1.9 trillion in assets under management are now combining in a unique way. 

  • James Thomson
The new Magic Keyboard looks like a laptop keyboard.

Will Apple’s new iPad Pro finally replace your laptop?

Apple says its new M4 iPad Pros will have better AI, better performance and better battery life than laptops. But don’t throw away your laptop just yet.

  • John Davidson
Stanley Druckenmiller says the Fed set financial conditons on fire at exactly the wrong time.

‘I’m not Buffett’: Druckenmiller on Nvidia, Trump and the Fed’s error

Wall Street legend Stan Druckenmiller has profited from the Federal Reserve’s dovish pivot, though he says it could get harder for investors to time AI’s boom.

  • James Thomson
Apple also unveiled updates to more affordable iPad Air models, including a new 13-inch model in response to some people’s preference for even larger screens.

Apple plays up AI potential in new iPads

The tech company unveiled a bevy of new iPads including two versions of the iPad Pro sporting its M4 chipset and a redesigned iPad Air model in two sizes.

  • Chris Velazco
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This Month

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ANZ reveals $2b buyback; Macquarie bets on AI; Bonza backers’ plot

Read everything that’s happened in the news so far today.

AI start-ups face a rough financial reality check

The AI revolution, it is becoming clear in Silicon Valley, is going to come with a very big price tag.

  • Cade Metz, Karen Weise and Tripp Mickle
Narendra Modi said fake voices were being used to purportedly show leaders making “statements that we have never even thought of”.

Fake videos of Modi aides trigger political showdown in India election

Indian police arrested at least nine people, including six members of Congress’ social media teams, in the states of Assam, Gujarat, Telangana and New Delhi.

  • Munsif Vengattil, Saurabh Sharma and Rishika Sadam
See’s Candies president & CEO Pat Egan talks with Warren Buffett at the See’s Candies booth at the Berkshire Hathaway shareholder meeting.

Warren Buffett says AI may be better for scammers than society

The billionaire investing guru predicted scammers would seize on the technology, and may do more harm with it than all the good already realised or envisioned.

  • Josh Funk

Why Apple’s earnings call gives us hope for more exciting new devices

Announcing iPad and iPhone sales that were lower than last year, Apple CEO Tim Cook says something that could make us all want to upgrade … and of course, it involved AI.

  • John Davidson
Fruit flies show signs of consciousness.

Don’t swat fruit flies – they’re smarter than you probably think

Researchers say many species, from insects to invertebrates, have consciousness. It turns out humans aren’t so special, after all.

  • Ed Cumming
Amazon chief executive Andy Jassy is spending up big to chase the AI boom.

Beware big tech’s AI profit gap

Amazon’s stellar earnings underscore big tech’s profit challenge: cost-cutting is done, and the payoff from AI investments are still some way off. 

  • James Thomson

Amazon posts strong cloud unit sales on rising AI demand

The e-commerce company’s operating income more than tripled as Amazon Web Services and adverts provided a boost.

  • Camilla Hodgson

April

Doubel act: I-MED CEO Shrey Viranna and his chairman, George Savvides, oversee one of the biggest privatley owned health businesses in Australia.

How under the radar I-MED is fighting fit after 20-year PE job

Tucked away in private equity, it is easy to forget about Australia’s biggest imaging company I-MED. But it is worth watching this year; it has a few ideas on the boil.

  • Anthony Macdonald
Atlassian’s Scott Farquhar and Mike Cannon-Brookes have enjoyed a rare partnership.

Scott Farquhar departs with Atlassian at a crucial point

Atlassian’s unique two-CEO model is ending at a fascinating time for the company, as its shares lag the broader tech sector.

  • Updated
  • James Thomson
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Canada and Google have reached a deal to keep news stories in search results following a lengthy dispute.

Alphabet surges past $3 trillion, announces first-ever dividend

Google’s parent company rose nearly 16 per cent after first-quarter earnings beat expectations and a $US70 billion stock buyback was approved.

  • Greg Bensinger and Akash Sriram
Drones have become widespread in Ukraine, on both sides.

Eric Schmidt is helping build Ukraine’s war machine

Google’s ex-chief executive is a force behind a new generation of drones that may revolutionise warfare.

  • David Sanger
Narendra Modi on stage with Prime Minister  Anthony Albanese in Sydney in May last year.

Macquarie, ANZ and Canva CEOs help power Australia’s India push

Governments hope to prevent another false dawn in bilateral trade and investment by getting business to work on policy.

  • James Eyers
K Krithivasan: “We are in a situation where the technology should be able to predict a call coming and then proactively address the customer’s pain point.”

AI could kill call centres, says boss of Tata IT business

Chief executive K Krithivasan says chatbots would soon be able to analyse a customer’s transaction history and do much of the work done by call centre agents.

  • Benjamin Parkin and Chris Kay
BHP has lobbed a bid for Anglo American.

BHP’s bid for $56b Anglo; Zuckerberg’s AI purgatory; Highest-paid CFOs

Read everything that’s happened in the news so far today.