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.

It's been a roller coaster of a week for investors in artificial intelligence chip maker Nvidia, which briefly became the world's most valuable company before Microsoft reclaimed the top spot. It shares tumbled almost 7pc then rebounded 6.7pc, with James Packer's holding hurtling towards $1bn.

But adviser to the ultra rich LGT Crestone says Nvidia is not the only game in town and people can look further afield to get exposure to AI.

Meanwhile, a report by behavioural biometrics company BioCatch says fraudsters are getting better at ‘doing their homework’ on targeted consumer accounts and that AI is their tool of choice.

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