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ANZ bank has invested $2.5bn into its new online-only products and CEO Shayne Elliott says his team of software engineers has used AI to write code for apps and other programs.
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The Australian
 

Good afternoon,

ANZ is using artificial intelligence to write its own code to keep pace with customer demand and eliminate bugs, as chief executive Shayne Elliot reveals the bank has poured $2.5bn into its new online-only offerings.

Google chief executive Sundar Pichai has congratulated US President-elect Donald Trump, saying “we are in a golden age of American innovation”, as big tech emerges as one of the biggest winners from Republicans regaining the White House.

But tech experts warn that Mr Trump’s deregulation agenda, particularly on artificial intelligence, could create a new “wild west” as companies race to seize competitive advantages without guardrails.

And The Australian’s tech editor takes Apple’s new MacBook Pro equipped with AI features for a spin.

The Australian's annual tech magazine, The List Top 100 Innovators, celebrating the nation's most innovative entrepreneurs was unveiled on October 18. Find out who's building the future in The List  online at  theaustralian.com.au.

Let me know what you think lynchj@theaustralian.com.au

Jared Lynch
Technology editor
BANKING
ANZ taps AI to build a better bank
ANZ bank has invested $2.5bn into its new online-only products and CEO Shayne Elliott says his team of software engineers has used AI to write code for apps and other programs.
TECH REVIEW
First look at Apple’s new cheaper and faster MacBook Pro
Apple has released its first computer built for the AI era. It packs a range of features – including a photo editing tool that can erase an ex from your entire photo album with ease, plus a brand new screen.
ANALYSIS
Calls for AI crackdown after teen suicides to be with chatbot
The tragic death of a 14-year-old boy who killed himself so he could be ‘free’ with the chatbot he loved has reignited calls for stronger regulations on AI after Donald Trump vowed to unleash the technology.
COMMENTARY
Sifting out the truth from lies in an age of misinformation
Democracy as we know it is in decline, heading towards an age of authoritarianism and the veracity of what we read online has a lot to do with that.
US ELECTION WINNERS
Trump win sparks ‘wild west’ tech warning
Tech experts warn that Donald’s Trump’s vow to slash red tape on artificial intelligence could create a new ‘wild west’ as companies race to seize competitive advantages without guardrails.
COMMENTARY
Relax Gen Z, things will be better for you
Generation Z is bewildered that Donald Trump has been elected the 47th president of the United States but this generation stands to be the biggest beneficiary of the changes ahead.

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