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News
AI powerhouse NVIDIA partners with eight Aussie firms
4+ day, 13+ hour ago (265+ words) The world's biggest company, chipmaker NVIDIA, has announced it is partnering with eight leading Australian companies to build artificial intelligence factories to meet the growing demand for the technology. NVIDIA said it was partnering with Firmus, Sharon AI, IREN, ResetData,…...
Telstra fined for failed ID checks that led to fraud
1+ week, 4+ day ago (264+ words) Australia's biggest telecommunications provider has been hit with a $277,000 fine for failing to protect its customers from scams. An investigation by the Australian Communications and Media Authority found Telstra did not carry out required identity verification checks in 15 unauthorised SIM…...
'Ponzi-Style' Crypto Scheme Promised Up to 100% Returns With '0 Fees, 0 Risks': Investors Lost £300K
3+ week, 4+ day ago (456+ words) A crypto investment company that promised returns of up to 100% and advertised '0 Fees, 0 Risks' has been shut down after investors lost more than £300,000 to a 'Ponzi-style' scheme, according to an investigation by the UK Insolvency Service. Key Coin Assets was…...
AI powers growing threat to Australia's energy networks
3+ week, 6+ day ago (417+ words) Australia's energy system faces a growing cyber threat as criminals weaponise artificial intelligence technology to launch more attacks and exploit vulnerabilities faster. Online security firm CrowdStrike revealed the extent of the trend on Tuesday in a report into online threats,…...
Google parent jumps on Aussie kangaroo for AI billions
3+ week, 6+ day ago (468+ words) An artificial intelligence hyperscaler is tapping Aussie investors to help fund its billion-dollar data centre rollout, capping a record year for Australian-dollar bond deals. Google's parent company Alphabet has hired ANZ, Deutsche Bank, RBC Capital Markets and TD Securities as…...