AI

Data centre platform AirTrunk has secured a $4.25 billion loan to develop its Western Sydney campus, with Mallesons and Gilbert + Tobin advising on the deal.

In one of the first major suits by an artist's estate against an AI company, the owners of Elvis Presley's catalogue have slapped Anthropic with a copyright suit in the US, alleging the company used 274 of his songs to train its Claude AI model.

Data centre operator NextDC is facing a class action investigation over last Wednesday's profit forecast downgrade on the back of Jemena Electricity's suspension of works at M3 Melbourne.

The CEO of Maurice Blackburn has warned that unless law firms make their legal services more affordable, litigants using AI chatbots could disrupt the profession.

Law firms are moving away from time-based billing to other pricing models with the advent of generative AI, according to an expert, and the shift could help junior lawyers retain critical skills.

A judge has called for an overhaul of the traditional expert evidence process, which he said was one driver of the high cost of civil litigation, remarking that courts are not an “expensive dispute resolution service” reserved for corporations and the wealthy.

Communication minister Anika Wells has said the government is considering adding an individual right to sue under legislation tabled this week that introduces a digital duty of care.

A judge has extended interim confidentiality orders in a Fair Work lawsuit against Atlassian, but lifted an injunction barring the tech company from performance managing the employee. 

Liberal senator Dave Sharma has called on ASIC to scrutinise AI data centre company Firmus' withdrawn initial public offering, including representations made to investors.

A joint parliamentary committee on AI has recommended national standards for data centres, including around resource consumption.