A dozen emerging AI startups in NSW will take to the stage this Thursday at the sold out Pitchapalooza pitch competition. Hundreds of applications were whittled down to an egg carton of AI startups, with Pitchapalooza supporter Simon McKendry, a partner at VC OnePitch, saying the event breaks the usual pitch mould. “Instead of very… Read more »
Almost A$1 trillion (US$600 billion) was wiped off the value of artificial intelligence microchip maker Nvidia overnight on Monday, when a little-known Chinese startup, DeepSeek, threatened to upend the US tech market. While Nvidia suffered the biggest one-day loss in sharemarket history, other tech giants – Microsoft, Alphabet and Amazon, who are investing heavily in… Read more »
Chinese artificial intelligence (AI) company DeepSeek has sent shockwaves through the tech community, with the release of extremely efficient AI models that can compete with cutting-edge products from US companies such as OpenAI and Anthropic. Founded in 2023, DeepSeek has achieved its results with a fraction of the cash and computing power of its competitors.… Read more »
A parliamentary inquiry into generative artificial intelligence has suggested products of tech giants such as OpenAI, Amazon, Meta, and Google should treated as “high-risk” under dedicated AI laws. On Tuesday, the Senate Select Committee on Adopting Artificial Intelligence tabled a report on the “opportunities and impacts” coming from Australia’s uptake of AI. The 222-page report raised 13… Read more »
October 26, 2024, marked the 40th anniversary of director James Cameron’s science fiction classic, The Terminator – a film that popularised society’s fear of machines that can’t be reasoned with, and that “absolutely will not stop … until you are dead”, as one character memorably puts it. The plot concerns a super-intelligent AI system called… Read more »
Recently, Channel 10’s ‘The Project’ aired a segment on inTruth Technologies, the company I founded in 2021 to tackle one of the most significant challenges of our world today; self awareness and mental health. inTruth is the first of its kind; a technology that can track emotion with clinical grade accuracy through consumer grade wearables.… Read more »
You may remember the Nicole Kidman thriller The Interpreter, where she’s working as a translator at the UN and overhears something she shouldn’t, spoken in an obscure language. Real-time translation has been the skill exceptional people have managed for centuries, but now artificial intelligence (AI) is transforming what’s possible and Sydney social impact startup Sunflower AI… Read more »
Four Australian artificial intelligence-based startups will feature among 80 globally in the second AWS Global Generative AI Accelerator program. Contact Harald, Marqo, Relevance AI, and Splash Music were selected for the program and score up to US$1 million each in AWS credits, mentorship, and education to accelerate AI innovation with AWS. They’ll also get the chance… Read more »
Just when you thought you had all your tech stuff sorted, along comes generative AI, another thing to get your head around and make use of – fast. Time is everything, especially as you try to navigate a myriad of different interactions, all while adapting your processes to meet the market fit for your business. … Read more »
Less than two years ago, the launch of ChatGPT started a generative AI frenzy. Some said the technology would trigger a fourth industrial revolution, completely reshaping the world as we know it. In March 2023, Goldman Sachs predicted 300 million jobs would be lost or degraded due to AI. A huge shift seemed to be… Read more »
In the world of artificial intelligence (AI), a battle is underway. On one side are companies that believe in keeping the datasets and algorithms behind their advanced software private and confidential. On the other are companies that believe in allowing the public to see what’s under the hood of their sophisticated AI models. Think of… Read more »
Mark my words: the first 1-person unicorn company is launching soon. This unprecedented feat will only be made possible by the transformative power of AI. For startups and small businesses, every dollar and every hour counts. You have limited resources compared to larger competitors, making any productivity or efficiency gain all the more significant. This… Read more »
Photos of Australian children have been used without consent to train artificial intelligence (AI) models that generate images. A new report from the non-governmental organisation Human Rights Watch has found the personal information, including photos, of Australian children in a large data set called LAION-5B. This data set was created by accessing content from the… Read more »
The fast-track business school founded by Professor Scott Galloway, the outspoken New York University professor, author, and tech entrepreneur, is coming to Australia to teach artificial intelligence (AI). Galloway’s Section School has partnered with BSI Digital Learning to launch the National School for Upskilling in Artificial Intelligence, offering an “AI Crash Course”. BSI Learning CEO… Read more »
The creative destruction to workplaces wrought by artificial intelligence (AI) could create up to 200,000 jobs to replace those it also takes, according to a new report from the Tech Council of Australia (TCA). While AI has many fearful that they’ll be made redundant, the report, produced in partnership with Microsoft, LinkedIn and Workday, argues… Read more »
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