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    Paul Smith

    Technology editor

    Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

    Paul Smith

    Yesterday

    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.

    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.

    This Month

    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.

    OneVentures managing director and founding partner Michelle Deaker. is in a stronger position than most when it comes to VC fundraising.

    Australian venture capital firms face a battle for their future

    Venture capital firms are under pressure to secure funding, as superannuation funds re-evaluate their investment options.

    July

    Eric Gao, founder and CEO of Boman Group is targeting $100m for a new fund.

    Rich Chinese investors join $1b hunt for Aussie VC funds

    A fund manager for rich Chinese investors is trying to raise $100m for venture capital investments, joining a crowd of operators trying to raise over $1 billion.

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    Tessa Court, the founder and CEO of IntelligenceBank said it ws good to have the expertise of private equity backers to help execute an acquisition.

    Melbourne start-up buys out AI compliance software firm in first deal

    IntelligenceBank has used the funds raised from its US-based private equity backer to splash out on Sydney-founded Red Marker, from global education giant Kaplan.

    Companies are starting to measure gains from generative AI, but research shows over half of Australian workers are using the technology without rules or guidance.

    Workers are using AI in the office - but where are the rules?

    Companies are starting to measure gains from generative AI. But research shows over half of Australian workers are using the technology without rules or guidance.

    Professor Jeremy O’Brien has now added $US500m of Illinois incentives to the $940m investment by the Federal and Qld governments into PsiQuantum.

    PsiQuantum promises US a computer after $US500m investment

    Three months after inking almost $1 billion worth of deals with the federal and Qld governments, the tech start-up has signed up to build another quantum computer in Chicago.

    • Exclusive
    • AI
    The use of AI in education has become controversial, with the need to prepare students to use the tools, balanced against the possibilities for cheating.

    Teachers to get AI training under NSW proposals

    Specific training about the use of artificial intelligence and greater protections for copyrighted works are among recommendations from a state inquiry.

    Alphabet CEO Sundar Pichai has a big AI story to tell, but the proof of his claims is still in the future.

    Investors aren’t buying Google’s AI future – yet

    The search giant’s parent, Alphabet, produced solid earnings, but shareholders are tiring of claims about future magic without answers to important questions.

    Medibank is facing increasing legal challenges related to a 2022 data breach.

    Huge cyber fines to be ‘Ford Pinto’ moment Australian business needs

    The threat of business-crushing penalties could change the economics of storing sensitive data and cybersecurity investment.

    Sam Kroonenburg says he sees a similar convergence of technology capability and market opportunity for Cuttable, that he enjoyed with A Cloud Guru.

    Aussie who sold cloud start-up for $2b jumps on AI for ads

    Three years after selling A Cloud Guru in a bumper payday, Sam Kroonenburg is teaming up with advertising entrepreneurs with big plans and investors in tow.

    Experts say the swift and effective intervention of the National Co-ordination Mechanism, under Home Affairs Minister Clare O’Neil, was a positive sign that Australia is becoming better at responding to IT disasters.

    Why business is left helpless when big tech stuffs up

    Experts say there is little most organisations can do to avoid future calamities like the CrowdStrike outage, but Australia’s emergency responses are improving.

    A blue screen of death.

    CrowdStrike failure raises billion-dollar compensation question

    Insurers could bear the brunt of costly fallout from the global IT outage on Friday, as techies at companies worked over the weekend to get services back up and running.

    A Delta Airlines kiosk displays a message that reads “It looks like Windows didn’t load correctly”.

    Global IT chaos triggered by software glitch eases slightly

    The impact of what’s being called the most spectacular IT failure the world has ever seen is expected to take at least several days to tally.

    • Updated
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    Woolies, Harris Farm, Tesla chair, pile in to back biosecurity start-up

    ExoFlare has plans to build a global biosecurity tech firm, modelled on international cybersecurity players, and has big-name backers watching as it helps tackle bird flu.

    ASX CIO Tim Whiteley is attempting to deliver a raft of tech upgrades.

    ASX cuts back on overpaid tech contractors who were ‘taking the p---’

    The company’s tech boss is reducing reliance on contractors and consultants after insiders blew the whistle on temporary staff.

    The ASX board on Bridge Street in Sydney. The exchange is replacing four key systems, including CHESS.

    The ASX faces a ‘ticking time bomb’ as technology upgrades delayed

    The market operator is attempting to simultaneously upgrade several major systems, one of which is at an early stage and already seven months behind schedule.

    ASX CEO Helen Lofthouse, had to pull the pin on the CHESS upgrade early in her tenure.

    Regulator needed as ASX techies tinker with critical infrastructure

    The ASX has a glut of big tech upgrades to deliver, on top of its CHESS debacle ‘do-over’. If it stuffs them up, then everyone in the market suffers.

    Sydney gym software start-up lands $17.6m

    The Funded blog is the home for news on the tech deals that are done in Australia, as soon as we hear about them.

    • Updated