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Construction PRO
Telecommunications company Subco will build three new hypercables in the Indo-Pacific region, with its CEO warning AI factories will be "dead" without subsea connectivity.
MinterEllison and Clayton Utz have confirmed cuts to the number of business operations jobs at the firms but deny the increasing adoption of AI tools was a factor.
Investment manager Macquarie has been hit with a second class action by investors who sank over $320 million of their superannuation into Keystone's collapsed Shield Master Fund.
The Australian Energy Regulator has brought a High Court challenge to orders that it return a $25 million penalty paid by power company AGL for overcharging hundreds of customers receiving Centrelink payments.
NSW Supreme Court Chief Justice Andrew Bell has warned that AI creates new risks and liabilities for companies that will have to be sorted out in the courts as the government adopts a 'technology neutral' approach to regulation.
ChatGPT owner OpenAI has called on the Albanese government to adopt a "balanced" approach to copyright that would allow AI to learn from publicly available information and collaborate with copyright owners.
Construction PRO
Artificial intelligence company Anthropic has reportedly signed its first Australian data centre lease, located in a $31.9 billion digital park in Queensland built by a Singaporean developer.
Justice Rowena Orr, known by the nickname 'Shock and Orr' during her time as senior counsel for the banking royal commission, has been appointed president of the Victorian Court of Appeal.
The Australian Grand Prix Corporation has lost its bid to appeal a ruling ordering it to pay $2.8 million to an event promoter over the cancellation of the 2020 Melbourne Formula One cup and a Robbie Williams concert during the COVID-19 pandemic.
A new judge has joined the Victorian Supreme Court bench, after 28 years at the bar where he acted on product liability class actions, including a case against Monsanto over allegedly carcinogenic weed killer.