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    AI

    Today

    The Fold6 is compatible with the S-Pen, it just doesn’t have a place to store it.

    Hold off buying Samsung’s new folding phone for a few days

    Just as Samsung irons out the last of the problems in its flagship Galaxy Z Fold6, Google looks set to announce an AI phone that just might be worth waiting for.

    • John Davidson

    Yesterday

    Investors and analysts are wary that Richard White’s WiseTech can deliver on the market’s bullish expectations.

    Fears the only way is down for hot tech sector in reporting season

    Nervous investors and analysts are ready to punish any ASX-listed tech company that disappoints this earnings season.

    • Tess Bennett
    Researchers at OpenAI are recognising the risks of humans getting overly attached to human-like AI companions.

    In love with a bot? OpenAI data shows we are entering sci-fi territory

    Humans falling in love with chatbots, and AI platforms hatching ‘catastrophic schemes’ are among concerns being monitored and managed by researchers at OpenAI.

    • Paul Smith
    Vice President Kamala Harris at a campaign rally in Las Vegas.

    Frustrated Trump claims large crowds at Harris rallies are fake

    The former president, in a series of social media posts, said Vice President Kamala Harris had used AI technology to create images of crowds at her events.

    • Shane Goldmacher
    xx

    JB Hi-Fi rallies; CFMEU jail warning; A luxury home agent speaks

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

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    Cisco is making cuts as it looks to focus on faster growth areas like AI and cybersecurity.

    Cisco plans thousands of jobs cuts in cyber, AI shift

    Cisco will reportedly eliminate 4000 jobs in a second round of layoffs this year, as it moves its focus to areas such as cybersecurity and artificial intelligence.

    • Ian King
    Telstra chief Vicki Brady this year announced a 10 per cent cut to the telco’s workforce.

    Microsoft’s Telstra deal backs Vicki Brady’s $1.6b infrastructure bet

    The technology giant will become the first client of a big intercity fibre network being rolled out after the telco decided not to sell its InfraCo division.

    • Paul Smith

    This Month

    Macquarie Group strategist Viktor Shvets has a very different take on a crazy week.

    Macquarie’s Viktor Shvets’ lesson from ‘mini heart attack’ on markets

    Was the market rout – and rebound – a sign of how fragile markets are, or proof they are actually less risky? Viktor Shvets’ answer might surprise you.

    • Updated
    • James Thomson
    Apple Mac mini M2 Pro will get a major design update.

    Apple plans its smallest computer ever

    As part of an overhaul of the Mac line with AI-focused M4 chips, the Mac Mini will get its first big redesign since it was revamped under Steve Jobs in 2010.

    • Mark Gurman
    Kirsty Burrows is head of the sports safety unit at the International Olympics Committee. She says the terrible impact of online violence is now being aggrssively tackled with prosecutions.

    Olympics’ online trolls get taken down by AI

    Athletes have previously had to turn off their phones to avoid online abuse – this year artificial intelligence is helping to keep trolls at bay.

    • Paul Smith
    Fed chairman Jerome Powell won’t be swayed by markets or the US election.

    The Fed will not let markets dictate a rate cut

    The US central bank reacts to the sharemarket only when volatility threatens financial stability. For the moment, there is no evidence that this is the case.

    • Barry Eichengreen
    The Topix Index displayed inside the Kabuto One building in Tokyo, Japan, on Monday.

    Battered investors get a breather, but where to next?

    After a torrid night on Wall Street, it’s calmer on the ASX and positively giddy in Tokyo, giving investors a chance to consider their next move. 

    • James Thomson
    Two of Jason Hosking’s co-founders have departed after a wave of cost cuts.

    Blackbird, Tiger Global-backed start-up shares valued at zero

    Retail AI start-up Hivery has had to cut costs, staff and had two co-founders depart. Its biggest local investor has now written a stake down to $0.

    • Nick Bonyhady

    Centuria buys into Nvidia boom with office-friendly data play

    It has acquired a half stake in data centre operator ResetData for $21 million, to repurpose its underperforming offices and jump on the AI bandwagon.

    • Campbell Kwan

    It’s the battery life, stupid: Why we love Lenovo’s new laptop

    Microsoft’s Copilot+ PCs are supposed to be all about the new AI features. But until Recall arrives, all we care about is their fabulous battery life.

    • John Davidson
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    Luke Anear, founder and CEO of SafetyCulture says

    This Aussie unicorn is paying millions for a chief AI officer. Should you?

    SafetyCulture is on the hunt for its first AI boss as companies scramble to find executives to help unlock billions of value from the hot technology.

    • Tess Bennett
    Sam Kroonenburg shares his story on the How I Made It podcast.

    The one thing this Rich Lister says every founder needs to remember

    Sam Kroonenburg built a company from his bedroom, with him and his brother Ryan both making about $500 million. But Sam, 40, is doing what he can to avoid the trappings of wealth.

    • Julie-anne Sprague
    AirTrunk founder Robin Khuda has two bidders in the bag for the $20 billion-plus data centre business.

    Abu Dhabi fund flies into IFM consortium at AirTrunk’s $20b sale

    The most recent numbers in front of bidders show AirTrunk has punched through $1 billion in contracted EBITDA.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Wall Street is now starting to panic about a recession it is not postioned for.

    Why recession panic is gripping the markets

    Global markets are being lashed by a perfect storm of recession fears, volatility and AI scepticism. But there’s a key reason it threatens to turn into panic. 

    • Updated
    • James Thomson

    Why this earnings season is the end of an era for Apple

    The AI era is upon Apple, and all of its tech peers, and the stories it tells its investors and customers about its products are about to change forever.

    • John Davidson