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ANZ is kicking its answer to ChatGPT to the curb as it forks out a significant sum on thousands of AI product licences from Microsoft.
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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.

ANZ is ditching its home-built version of ChatGPT in favour of Microsoft's off the shelf product.

The bank has purchased 3000 new Microsoft Copilot licences for its management staff, sidelining its Z-GPT, which was a generative AI tool built by its staff in India that could tell bankers interest rates and other information.

A Commonwealth Bank-backed start-up might change the way scammers are dealt with the world over, launching a service that can flip fraudulent transactions on their head. 

The world’s most popular email marketing platform is attempting to reinvent itself down under by hiring an Australia-based general manager and leaning into an expanded partnership with Canva.

Let me know what you think — lynchj@theaustralian.com.au
Jared Lynch
Technology editor
EXCLUSIVE
ANZ changes tack with Microsoft-powered AI centre
The big four bank will put 3000 staff through a new AI upskilling program as it phases out its own answer to ChatGPT, launched just one year ago.
SCAMS
Bot pilot turning the tables on scammers
Commonwealth Bank is backing a pilot program developed by Apate AI that uses a bot to chase down scammers, retrieving their banking details and other identifiable information.
DATA CENTRES
Goodman bullish about data centre pivot
Goodman Group has turned in an operating performance ahead of guidance and reiterated its future lies in shifting into data centres.
RESULTS
Telstra bullish on earnings amid mobile boost
Telstra lifted its 2025 earnings guidance, with strong growth in mobiles and infrastructure offsetting its troubled enterprise business.
ANALYSIS
Telstra CEO has a chance to set the telco up for decades
Vicki Brady is working up a new plan to prepare the telco for the heavy spending required to meet the massive data wave that’s coming.
MARKETING
Mailchimp’s Australian expansion leans heavily on Canva
The world’s most popular newsletter company is trying to reinvent itself in Australia, and part of that plan involves utilising the popularity of Canva.

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