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Shares in chipmakers underpinning AI boom rocket in first half of 2026

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Value of some chip manufacturers have tripled, or more, driving Asia Pacific stock markets sharply higherShares in chipmakers have surged in the first half of this year as investors piled into companies that make the hardware underpinning the AI boom, according to analysis.Investors have driven up the value of semiconductor and memory chip manufacturers, whose […]

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The AI bubble has further to run despite the looming crash

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As tech firms make huge profits and investors fear losing out, both are doing their best to hold off the day of reckoningOpenAI staggers AI model release after White House requestEvery couple of decades, investors will ask themselves how long can the stock market keep climbing. Is it safe to buy more shares? Is their

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OpenAI staggers AI model release after Trump administration request

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Sam Altman announces limited preview of GPT 5.6 in move that echoes launch of Anthropic’s MythosBusiness live – latest updatesOpenAI is staggering the release of its latest AI model after a request from the US government, in a move echoing the launch of Anthropic’s Mythos product.Sam Altman, the chief executive of the company behind ChatGPT,

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‘Fork in the road’: CEO of Amazon-backed Rivian on why carmakers need to invest in EVs

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RJ Scaringe says firms focused on selling fossil fuel engines risk being ‘woefully behind’ on technology by end of decadeCarmakers that focus on selling fossil fuel engines are at risk of being “woefully behind” on technology by the end of the decade, according to the boss of Rivian, an Amazon-backed US electric carmaker.RJ Scaringe, Rivian’s

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Meta pauses employee tracker for AI training amid privacy concerns

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Workers signed petition against tool that tracked staff keystrokes, mouse clicks and computer screen contentMark Zuckerberg’s Meta has paused a program that tracked employees’ computer activity amid data privacy concerns and a staff backlash.The owner of Facebook, Instagram and WhatsApp had introduced a tool that tracked staff keystrokes, mouse clicks and content displayed on computer

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Thirsty and power hungry: Australia is in the middle of a datacentre boom – but not everyone is convinced

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They’re a key part of the digital and AI economy, but they come at a high environmental cost and offer few operational jobsGet our breaking news email, free app or daily news podcastOn Mamre Road, in Sydney’s outer western suburbs, there are plans to build a “hyperscale” datacentre that will be one of the biggest

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Lloyds Banking Group to hire 300 tech experts to work on AI

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Exclusive: While recruits will increase headcount for now, broader adoption of AI could lead to jobs cuts in futureLloyds Banking Group has launched an AI recruitment drive for 300 tech experts, weeks before its chief executive, Charlie Nunn, unveils a strategic plan for the 261-year old lender.The bank said it intended the recruits to work

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Elon Musk and co may relish march of the robots but there must be AI boundaries in the workplace | Heather Stewart

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As such technology advances quickly, firms should not lose sight of what qualities humans bring to jobsA robot magician called D4YRL was rejected as a member of the Magic Circle last week, for being insufficiently human.While D4YRL’s tricks were exemplary, the august organisation decided “he” did not engage the audience’s emotions as a flesh-and-blood performer

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UK sets out AI infrastructure push at London Tech Week – how does it stack up?

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Government announces plans to invest billions, but questions linger over how its proposals on chips, social media and more will workOwnership of the commanding heights of the AI economy is a political talking point around the world, as countries seek to assert some control of a technology dominated by the US and China.London Tech Week,

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Anthropic releases ‘safe’ version of Claude Mythos AI model to public

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AI company restricted access to Fable 5, its most powerful Mythos model, for months over cybersecurity concernsAnthropic, the maker of the Claude artificial intelligence (AI) models, made a new version of its technology available to the general public on Tuesday while restricting its use in sensitive areas.Dubbed Fable 5, the model is the first to

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