Politics

The feds are offering grants worth up to $5 million grants to startups

- December 1, 2023 3 MIN READ

The federal government’s flagship $392 million Industry Growth Program has been officially launched, with grants of up to $5 million available for startups and small businesses. The $392.4 million program was unveiled in the May budget, replacing the former Coalition government’s Entrepreneurs’ Programme, which was embroiled in controversy due to bungled procurement processes. The aim of the… Read more »

AI/Machine Learning

Book review: Toby Walsh’s Faking It Faking unpacks how we’re being tricked into thinking AI is human.

- November 17, 2023 3 MIN READ

Toby Walsh is one of Australia’s most well-known experts on artificial intelligence and his latest book Faking It: Artificial Intelligence in a Human World aims to dispel the common illusion that machine intelligence is comparable to human intelligence. It’s an illusion deeply embedded in the history of AI that could have disastrous consequences, Walsh believes, unless… Read more »

Reserve Bank
Politics

Australia wants to regulate Apple and Google Pay, and digital wallets like it does credit cards

- October 12, 2023 2 MIN READ

The Reserve Bank of Australia (RBA) would be given expanded regulatory powers over bring digital wallets, buy-now-pay-later (BNPL) companies, and crypto assets under proposed reforms to national payments systems legislation published this week. In a statement, Treasurer Jim Chalmers said the reforms “[address] the risks posed by new digital payments services, which are currently unregulated, to… Read more »

FTX Sam Bankman-Fried
Cryptocurrency

Sam Bankman-Fried’s fraud trial hears how a simple tweak to the data allowed him to syphon off $12 billion from investors

- October 11, 2023 3 MIN READ

A simple database flag enabled cryptocurrency magnate Sam Bankman-Fried (SBF) to siphon billions of customer dollars into a lavish lifestyle that ultimately left failed exchange FTX over $12 billion ($US8 billion) in debt, a US court has heard as SBF’s trial nears its conclusion. Once the second largest cryptocurrency exchange with a valuation of $47 billion, the… Read more »

Richard Flanagan
AI/Machine Learning

AI is stealing from Australian authors to make its owners even richer

- October 5, 2023 2 MIN READ

Australian authors have been caught up in a major controversy around the data used to train large language models after an investigation uncovered 183,000 pirated books were included in a commonly used dataset called Books3. Booker Prize winning novelist Richard Flanagan was among the Australian writers whose works were in the dataset that was reportedly… Read more »

MIcrosoft CEO Satya Nadella
Data

Microsoft’s having a shocker with two self-inflicted data leaks in a week

- September 21, 2023 3 MIN READ

Microsoft has been its own worst enemy this week as the tech giant suffered two unrelated data leak incidents where masses of internal documents, trade secrets, and backups of employee computers were released on the internet. On Tuesday, researchers at security company Wiz went public about a 38TB trove of data that Microsoft’s AI team had accidentally… Read more »

Advanced facial recognition technology identifies the face of woman in bustling crowd, utilizing the power of big data analysis scanning for enhanced authentication through face. generative ai
Politics

The Australian government has revived facial recognition as part of a national ID plan

- September 14, 2023 3 MIN READ

The Australian government will continue to authorise a one-to-many facial recognition system connected to the national ID database but is limiting its use to helping identify “shielded persons” like undercover police and protected witnesses. Once referred to as ‘the Capability’, the Department of Home Affairs built a system for the public and private sector to verify people’s… Read more »

Neuphoria founder Henry Boulton with ACS River City Labs Pauline Fetaui at the 2023 River Rival pitch comp.
Events

Brain-sensing sports wearable Neuphoria wins Brisbane’s River Rival pitch comp

- September 12, 2023 2 MIN READ

Neuro Technology platform Neuphoria was the big winner from the River Rival startup competition that closed out the Something Tech conference in Brisbane.  The company, responsible for the Focusband wearable brain frequency-sensing headwear, won both the Best Product and Best of the Best Award. “It was such an honour for Neuphoria to win River Rival’s… Read more »

Maid eavesdropping on telephone call
AI/Machine Learning

AI is now being used by cybercriminals to listen to your typing for passwords

- August 10, 2023 3 MIN READ

Be careful who you type your passwords in front of: cyber criminals can figure out which keys you’re pressing simply by getting a carefully trained AI model to listen to you type – and the technique even works over phone calls and Zoom sessions. Documented in a newly published paper, the acoustic side channel attack (ASCA) involves recording… Read more »

Old Hollywood photo of couple looking at a book
Women in tech

A new report into STEM equity shows tech still has a massive and ongoing gender diversity problem

- July 27, 2023 2 MIN READ

The technology sector’s gender diversity problem is to continue for the foreseeable future according to this year’s STEM Equality Monitor. However however the tech sector is doing better than other STEM disciplines in offering wage parity between female and male graduates and better prospects for those entering the workforce. Published by the Federal Department of… Read more »

Cage fight
Social Media

Zuck v Musk: Meta launches its Twitter rival, Threads

- July 6, 2023 2 MIN READ

Today Meta launched its long-awaited new social media product Threads, a Twitter clone that syncs to Instagram accounts and offers a chaotic feed filled with influencers, news outlets, and brands vying for attention. Meta CEO Mark Zuckerberg said Threads was intended as “an open and friendly public space for conversation.” “We hope to take what… Read more »