Digital Transformation
Lloyds Bank looks to save over $3.8bn as AI investment increases
Major UK bank Lloyds Banking Group has announced a new four-year AI plan during which it will cut £2 billion (roughly $3
PODCAST: Aussie AI, 900k impacted by Origin hack, Victorian courts breached, and eSafety v Telegram
In this week’s podcast, Cyber Daily’s Daniel Croft and David Hollingworth argue for sovereign Australian AI, catch up ...
Melbourne start-up Maincode announces widespread access to Matilda AI coding agent
Melbourne-based artificial intelligence start-up Maincode has announced it has opened its Australian-made chat model and ...
Anthropic Claude systems restored following global outage
AI giant Anthropic has confirmed that its key generative AI product, Claude, went down for some users around the world, ...
Financial Stability Board warns that we may be in an AI bubble
The world’s financial watchdog has warned that global finance may be in an AI overvaluation bubble not unlike the dotcom ...
Visa to lay off about 2,600 jobs, increase tech investment
Visa has announced plans to cut its workforce by 2,600 staff as the company looks to invest more heavily in developing ...
Australia’s Climate Council urges faster renewable energy rules for new data centres
The environmental group says proposed national standards are a positive step but warns that delays could leave consumers ...
PODCAST: OpenAI model goes rogue, Origin Energy hacked, and Victoria takes aim at online bullies
In this week’s podcast, Cyber Daily’s Daniel Croft and David Hollingworth cover what happens when AI goes wild, one of ...
AI eliminated 30–40% of staff in some JPMorgan units, says CEO
The CEO of global financial institution JPMorgan Chase has said that AI adoption has resulted in staff cuts of 30 to 40 ...
Private equity firm buys 5 Australian data centres from Fujitsu
A private equity firm has purchased Fujitsu’s data centre business in Australia.
Report: Australian AI investment surges as governance struggles to keep pace
New research shows Australian businesses are investing heavily in AI and expecting stronger returns, but gaps in ...
AustralianSuper finds Aussies are using AI for financial advice
A large number of Australians are turning to AI for financial advice and assistance in making financial decisions, ...
UK CFOs get more optimistic about AI
UK finance chiefs are relaxing their worries about how AI will affect their businesses, with a survey revealing growing ...