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Construction PRO
Keppel secures lease for $10B AI hub in Victoria
Singapore-based asset manager Keppel has announced plans for a $10 billion AI data centre hub near Morwell, Victoria, after striking a deal with Lightwood Group to lease a 123-hectare site.
From trickle to steady stream, how GenAI and ‘fake law’ are impacting courts
The use of generative AI in litigation is on the rise in Australia, according to a new report, and one expert says he hopes that increasing awareness of the risks of using generative AI means lawyers will be smart about its use in the future. 
Construction PRO
NVIDIA-backed Firmus raises $500M for AI infrastructure project
NVIDIA-backed start-up Firmus has raised $500 million to drive the next stage of its $6 billion nationwide green AI infrastructure project, Project Southgate.
Microsoft offers refund to customers ACCC claims were duped into taking AI product
Microsoft has offered to refund millions of customers who the consumer cop says unwittingly subscribed to its AI assistant Copilot without being told a cheaper AI-free option was available. 
Ex-boss of AI marketing company Metigy pleads guilty to misleading investors
The former CEO of failed AI marketing start-up Metigy has pleaded guilty to providing false statements to investors and misusing his position as a director, following an investigation by the corporate regulator.
Microsoft deliberately concealed AI-free 365 plan, ACCC claims
The ACCC has taken Microsoft to court, alleging the software giant misled 2.7 million customers of its 365 product suite into believing they had to subscribe to its AI assistant Copilot, knowing they were sceptical of the new product.
Construction PRO
Macquarie sells Aligned Data Centers in $61B deal
Macquarie Asset Management has sold its data centre business Aligned Data Centers to a consortium led by BlackRock subsidiary Global Infrastructure Partners in a landmark $61 billion deal.
Qld’s top judge says lawyers citing non-existent cases risk referral, costs
The Chief Justice of the Queensland Supreme Court has warned lawyers they could be referred to the legal watchdog or face a personal costs order if they file submissions that contain hallucinations produced by generative artificial intelligence. 
Queensland judges warned against using AI for rulings
Releasing guidelines for the use of generative artificial intelligence, the Queensland court system has this week cautioned judges against the use of AI tools for decision-making. 
Another judge rails against GenAI use, says even self-repped litigants must do their homework
Another judge has railed against the use of generative AI in court proceedings, after a self-represented litigant filed an application to annul his bankruptcy that was replete with fake citations.