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Apple’s move would cement ties to a key partner integral to its efforts to gain ground in the artificial-intelligence race and would value the ChatGPT maker above $US100bn.
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The Australian
 

Good afternoon,

Welcome to your twice-weekly look at how generative AI is transforming the way we live, work and play – plus the latest news and analysis.

Apple is in talks to invest in OpenAI, a move that would cement ties to a partner integral to its efforts to gain ground in the artificial-intelligence race. The investment would be part of a new OpenAI fundraising round that would value the ChatGPT maker above $US100bn ($147.2bn).

It’s full steam ahead for the AI boom but a sharp fall in Nvidia after its latest quarterly report suggests it might be time to have a closer look at other ways to play the AI theme.

Wads of Australian data is being hosted in offshore servers, often unbeknown to the companies who own the data and allowed it to leave local shores in the first place. We explain why.

Let me know what you think — lynchj@theaustralian.com.au
Jared Lynch
Technology editor
FUNDING
Apple is in talks to invest in OpenAI
Apple’s move would cement ties to a key partner integral to its efforts to gain ground in the artificial-intelligence race and would value the ChatGPT maker above $US100bn.
MARKETS
Can Nvidia live up to the hype? Sell-off says diversify
It’s full steam ahead for the AI boom but a sharp fall in Nvidia after its latest quarterly report suggests it might be time to have a closer look at other ways to play the latest tech theme.
DATA
Legal battles mount to repatriate offshore data
Wads of Australian data is being hosted in offshore servers, often unbeknown to the companies who own the data and allowed it to leave local shores in the first place.
DATAROOM
Austin has hearty appetite but nothing ‘to warrant disclosure’
Perth-based Austin Engineering has made no secret of its appetite for acquisitions, clearly laying out plans in its full-year results.
THE GROWTH AGENDA
Gen AI will supercharge creativity, says Adobe
Adobe VP Loni Stark tells The Growth Agenda why creatives need to push past the AI-for-AI’s-sake projects to find the valuable use cases.
SCAM PREVENTION
A stronger defence weapon to save seniors from scammers
Older Australians are scammed more and lose more money than others, but new technology is delivering an extra defence layer.

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