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    AI

    Today

    Jacqui Henderson, a member of the Financial Services Council’s expert working group on digital advice, says the federal government needs to get the regulatory settings right  by reducing onerous paperwork.

    The future of financial advice is digital – and human

    AI-powered apps are touted as a big part of the solution to providing affordable financial advice en masse, but winning people’s trust is a key challenge.

    • Joanna Mather

    Yesterday

    The Google AI logo is being displayed on a smartphone with Gemini in the background in this photo illustration, taken in Brussels, Belgium, on February 8, 2024.

    Google search is becoming Google answers. That is bad news for media

    In a world where AI can browse the internet and paraphrase what it sees, users may find they never click on links again. That could be a big problem for publishers.

    • Kevin Roose
    Tribeca’s Jun Bei Liu.

    These stocks are primed for ‘tectonic-sized’ tailwinds

    The magnificent seven are not the only way to play artificial intelligence, there’s money to be made in storage, energy and software on the ASX too.

    • Jun Bei Liu

    This Month

    Alex Pollak, CIO at Loftus Peak.

    Nvidia bulls are selling – here’s what one fundie is buying instead

    The AI market darling is reporting earnings next week, following a jaw-dropping share price run in the last 18 months.

    • Updated
    • Joshua Peach

    Dutton’s housing election; Nvidia bulls sell; Millennial set to retire

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

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    MinterEllison CEO Virginia Briggs says rather than feel excluded by the firm’s AI program, some graduates are excited to work with the technology.

    If AI can do the work of a grad lawyer, what does a grad lawyer do?

    As tech increasingly takes on the legal grunt work, MinterEllison is trying to rethink the work and skills of its young lawyers.

    • Hans van Leeuwen
    Google CEO Sundar Pichai said the company was now “pushing the boundaries” of how much personal or business information it was able to pass on to Gemini for every query.

    Google steals OpenAI’s thunder with something 15 times bigger

    The new version of Gemini can write poems about objects it’s seen, or even tell the user where it last saw her glasses.

    • John Davidson
    PsiQuantum’s Aussie founders professor Jeremy O’Brien and Terry Rudolph say their plans are ‘bigger than the government of the day.’

    PsiQuantum deal will cost almost $30m just to check it works

    But most of the details of the government’s marquee bet on the potentially powerful technology have been kept secret in the budget.

    • Nick Bonyhady
    “It’s still a bit surprising to me that it’s real,” OpenAI co-founder and chief executive Sam Altman wrote in a blog post after the announcement of the company’s latest AI development.

    ‘Like AI from the movies:’ New ChatGPT arrives

    The launch was not without some snags: after coaching a researcher through solving an algebra problem, it said: “Wow, that’s quite the outfit you’ve got on.”

    • Paul Smith

    Apple will revamp Siri to catch up with chatbot competitors

    Apple is expected to release an improved Siri that is more conversational and versatile at its developer conference in June.

    • Tripp Mickle, Brian X. Chen and Cade Metz
    The Chanticleer podcast features James Thomson and Anthony Macdonald.

    Has Qantas really changed?; Perpetual’s fall from grace; AI’s big energy problem

    This week on the Chanticleer podcast, James and Anthony look at Qantas’ $120 million settlement, extract lessons from the demise of funds management giant Perpetual, reveal why everyone is talking about data centres and energy.

    AI pioneers pay $12.45m for harbourside penthouse

    Appen founders Chris and Julie Vonwiller have joined a trend of “discerning down-sizers” seeking large apartments.

    • Bonnie Campbell
    Apple’s new iPad Pro ads have sparked outrage.

    Why everyone’s mad at Apple’s new iPad ad

    Apple’s crushing of human creativity has sparked backlash, but its new iPad Pro ad has also inspired some surprising video responses.

    • Will Oremus
    TAL executive Jade Rosocha is ar frequent user of Microsoft Copilot.

    Why this executive uses generative AI every second hour

    Microsoft says workers who use AI can be divided into four camps: sceptics, novices, explorers and power users, who get back more than 30 minutes a day in time saved.

    • Euan Black
    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
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    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
    xx

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

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